
16 Pleasant Street Bridgewater — Photo 1 of 36
$3,350,000
Investment Analysis — 16 Pleasant Street
Bridgewater, MA 02324
Based on HUD Small Area Fair Market Rent for Brockton, MA HUD Metro FMR Area, a home in 02324 carries an estimated $1,880/mo in gross rent — about a 0.18% cap rate and $6,068/yr in estimated NOI at the $3,350,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
10
SqFt
--
Style
Other
Built
1882
FABULOUS TURNKEY OPPORTUNITY IN BRIDGEWATER! Rare opportunity to acquire this completely remodeled, beautifully furnished 8,000+ sq. ft. property offering three floors of living space on nearly 2 acres. This impressive property features 19 furnished bedrooms currently configured with a total of 45 beds, along with 8 full bathrooms and 6 half bathrooms. The first floor offers an office, security room, and elegant oversized Community/Great Room featuring high ceilings, a spectacular chandelier and fireplace. The second floor provides an additional spacious community room along with a beautiful covered outdoor deck. The third floor features an approximately 1,500 sq. ft. two-bedroom apartment, providing tremendous flexibility for an owner/operator/management. Additional outdoor living areas include a lovely enclosed porch and an oversized deck overlooking the property's lush, private surroundings. The building is further equipped with a commercial kitchen, fire suppression system and backup generator, with tremendous additional storage available in the enormous basement and walk-up attic. Extensively renovated and offered fully furnished, this exceptional property presents a unique opportunity for an investor, organization or experienced operator seeking a substantial residential, care, housing or institutional facility. Why start from the ground up when so much has already been done? Potential uses may include licensed nursing care, assisted living, memory care, recovery or sober living, veterans housing, supportive or transitional housing, residential programs, institutional or office use, or other uses subject to applicable zoning, licensing and governmental approvals. An EXTRAORDINARY Bridgewater property offering tremendous possibilities for the right buyer.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$3,350,000
Aug 28, 2026
MLS® 73569534
$1,500,000
May 21, 2025
MLS® 73321025
$1,500,000
Dec 21, 2024
MLS® 73321025
$1,500,000
Dec 12, 2024
MLS® 73299037
$1,500,000
Oct 5, 2024
MLS® 73299037
Listing Agent: Debra Rice
Listing Office: Needham Realty
MLS® Number: 73569534