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151 - 153 Main St, Bourne MA 02532

Bourne, MA 02532 • Buzzards Bay
$1,400,000
$1,200,000
Est. $6,679/month
7
Beds
3
Baths
2,034
Sq Ft
$590
Price/Sq Ft
0.58
Acres
1900
Year Built
10
Parking
98
Days on Market
Pending Price Drop -$200,000 Listed Mar 30, 2026 • MLS# 73493357 Copied! • Updated Jul 8, 2026

About this home

Substantial Price Adjustment Investors and developers take notice! This prime property is located in downtown Buzzards Bay and has views of the railroad bridge and is a stones throw to the Cape Cod Canal. Currently there are 3 rental units and a 4th unit which is open to imagination. The town of Bourne has placed liberal zoning on the area of this property which allows for further development to the site. All units were remodeled to the studs in 2012 & 2013 and new electrical, plumbing, wall board and heating and hot water systems were installed. Most appliances will remain. Liberal Village zoning "may" permit adding additional units. This is an outstanding opportunity to be part of the thriving downtown of Buzzards Bay which is home to the Massachusetts Maritime Academy, the National Marine Life Center and many visitor attractions.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
14.3%
Price Range

Property Timeline

📋
Status: Active under contract
Jun 24, 2026
Active → Active Under Contract
Pending Sale
Jun 23, 2026
Offer accepted, sale pending
Price Reduced
Jun 12, 2026
$1,200,000 $200,000 (-14.29%)
From $1,400,000 to $1,200,000 (-14.3%)
🏠
Listed for Sale
Mar 30, 2026
$1,400,000
Original listing
Agent: Ralph J. Grassia Office: Conway - Wareham

Tax History

Year Taxes Assessment
2025 $4,930 $631,200

Financial Details

Annual Property Tax
$4,930
Tax Year 2025
Assessed Value
$631,200

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,034 sq ft
Lot Size 0.58 acres
Bedrooms 7
Full Baths 3
Total Rooms 12

Investment Metrics

Units 4
Unit 1 Rent $1,500/mo · Y
Unit 2 Rent $2,000/mo · Y
Unit 3 Rent $2,000/mo · Y
Total Monthly Rent $5,500/mo
Gross Income $66,000
Net Operating Income $66,000
Cap Rate 5.50%
Heating None
Cooling None
Flooring Tile, Vinyl, Carpet, Stone/ceramic Tile
Appliances Range
Fireplace None
Basement Full, Partial
Laundry None
Features Storage, Stone/granite/solid Counters, Bathroom With Tub, Country Kitchen, Kitchen, Living Rm/dining Rm Combo, Office/den
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio
Features Off Street, Driveway, Stone/gravel
Total Spaces 10
Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $4,930
Assessed Value $631,200
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Small Cottage Does Not Have Plumbing But Does Have Electric Heat And Regular Indoor Flooring, It Was Previously Used As Office Space.
Exclusions Washers And Dryers Belong To Tenants And Do Not Transfer With Property.
Possession None
Accepted Financing None
Structure Type []
House Color Beige
Sq Ft Source Public Record
Sq Ft Disclosures 4th unit is finished with everything except heat and plumbing Sq.Ft not included in Living area.
Documents None
County Barnstable
Total market time (incl. prior listings) 288 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
2,034 sq ft
Total Rooms
12
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Vinyl, Carpet, Stone/Ceramic Tile
Appliances: Range
Interior Features: Storage, Stone/Granite/Solid Counters, Bathroom With Tub, Country Kitchen, Kitchen, Living RM/Dining RM Combo, Office/Den
Windows:
Basement: Full, Partial
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Stone, Irregular
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Patio
Fencing:
Other Structures:
Lot Features: Flood Plain, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 10
Parking Features: Off Street, Driveway, Stone/Gravel

Special Features

View: Yes
View Type: Scenic View(s)
Community Amenities:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $411
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Buzzards Bay

151 - 153 Main St, Bourne MA 02532

Bourne, MA 02532

Listing Information

Listing Agent Ralph J. Grassia
Listing Office Conway - Wareham
Office Phone 508-295-6560
Agent MLS ID FR000322
Office MLS ID AN7962
Listing Data Updated Jul 8, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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