Active
109 Days on market
202-204 Pinehurst Ave. Swansea — Photo 1 of 42

202-204 Pinehurst Ave. Swansea — Photo 1 of 42

Recent Drop: $50,000

$674,900
$624,900

$624,900

Investment Analysis — 202-204 Pinehurst Ave.

Swansea, MA 02777 — Ocean Grove

Based on rent reported on the MLS listing, a 2-unit multi-family in 02777 carries $1,200/mo in gross rent — about a 1.36% cap rate and $8,511/yr in estimated NOI at the $624,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

3,542

Style

Multi Family

Built

1940

This is a rare opportunity to own a highly visible, long-established commercial property with built-in income potential. The site has been home to a successful motorcycle shop for over 30 years, offering a proven location for continued business operations or a new venture. Some exceptional features are radiant heat in the garage, central AC, and 3 phase electric.The property also includes a separate residential building, providing flexibility for owner occupancy or the ability to generate additional rental income. Whether you're an owner-operator looking to live and work on-site or an investor seeking multiple revenue streams, this setup offers exceptional versatility.The existing business may be available for purchase in addition to the real estate; however, the property is being sold as-is and does not include inventory, machinery, or tools.Don’t miss the chance to secure a well-positioned property with both commercial and residential value in one unique package.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$674,900
Annual Taxes$2,433

Parking

Garage1
Off-Street15

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingForced Air, Baseboard, Radiant
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningRR

Property & Lot

Acres0.27
SqFt Lot11,978
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Property History

Price Drop
$624,900

Was $649,900

Aug 25, 2026

MLS® 73524766

Price Drop
$649,900

Was $674,900

Jun 22, 2026

MLS® 73524766

Listed
$674,900

May 27, 2026

MLS® 73524766

Listing Provided By

Listing Agent: Nicholas Kozak

Listing Office: The Mello Group, Inc.

MLS® Number: 73524766