1148 American Legion Hwy, Westport MA 02790

Westport, MA 02790
$1,300,300
3,622
Sq Ft
$359
Price/Sq Ft
1.00
Acres
1948
Year Built
72
Days on Market
Sold Listed May 9, 2026 • MLS# 73515612 Copied! • Updated Sep 22, 2026

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Sale Statistics

Sale Overview
Original List Price: $1,595,000
Final Sale Price: $1,300,300
Difference: $294,700 (-18.5%)
Performance Metrics
81.5%
List to Sale Ratio
Sold below asking price
72
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $440
Sale $/sq ft: $359
This property sold for $359 per square foot
Sale Summary

This property sold for 18.5% below the original asking price.

The property spent 72 days on market before selling.

About this home

STRONG INCOME POTENTIAL. Cash-flow positive 13-unit multi-family investment opportunity, or POSSIBLE COMMERCIAL RE-DEVELOPMENT opportunity (property is located in Business zoning district), located in the desirable coastal town of Westport, MA. 1148 American Legion Highway is known as “177 Studio Apartments”, a one-level 13-unit studio apartment building. The 1-acre property has significant exposure along well-traveled MA State Rte. 177, with close proximity to Interstate 195 and U.S. Rte. 6. The multi-family building situated on a 1-acre parcel (28-37-0) can also be sold with an adjacent .75-acre vacant parcel (28-32D-0). Studio apartments each have own full bath (w/ shower), fridge & kitchen sink. See floor plan. 177 Studio Apartments has been owned by the same owner for over 50 years and has a history of long-term, stable at-will tenancy. Natural gas. Septic & well. Consult pages 30-46 in Westport zoning bylaws attached to listing.

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Property History

Market Insights

18.5%
Price Range
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73515607
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 8, 2026
$1,300,300
MLS #73515607
Sold
Sep 4, 2026
$1,300,300
Property sold
Pending Sale
Jul 21, 2026
Offer accepted, sale pending
🏠
Listed for Sale
May 9, 2026
$1,595,000
Original listing
Agent: Christopher M. Demakis Office: Demakis Family Real Estate, Inc.
🏠
Listed for Sale
May 9, 2026
$1,595,000
Original listing
Agent: Christopher M. Demakis Office: Demakis Family Real Estate, Inc.

Tax History

Year Taxes Assessment
2026 $6,222

Financial Details

Annual Property Tax
$6,222
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1948
Living Area 3,622 sq ft
Lot Size 1.00 acres
Gross Income $140,640
Net Operating Income $105,640
Operating Expenses $35,000
Cap Rate 6.62%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Private Water, Private Sewer

Financial

Annual Tax $6,222
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Business Zoning. See Multiple Attachments To Mls Listing, Including Septic Site Plan. The Multi-family Building Situated On A 1-acre Parcel (28-37-0) Can Also Be Sold With An Adjacent .75-acre Vacant Parcel (28-32d-0). Vacant Parcel Shown In Listing Could Be Included In Sale Depending On Offer.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Bristol

Property Overview

Listing Type
Sold
Year Built
1948
Living Area
3,622 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1948
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Westport School District local
C+
School Safety 2024-25
3.9% Above Average
3.9% Suspensions 4.0% In-School
1.6% below state avg
E

Elementary Schools

2 schools
B
Westport Elementary School
1.2 mi | #382 of 825 | Score: 48.2
Improved 113 spots from last year
-10 below state avg
465 students Less Diverse
Rising School
Grades 01-04
Alice A Macomber School
1.9 mi
170 students Less Diverse
Grades PK-K
H

High Schools

1 school
C+
Westport Middle-High School
1.0 mi | #226 of 346 | Score: 49.9
Improved 17 spots from last year
-8.3 below state avg
876 students Less Diverse
14 sports • 622 athletes
High Graduation Rate
Grades 05-12
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Location

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Neighborhood

1148 American Legion Hwy, Westport MA 02790

Westport, MA 02790

Listing Information

Listing Agent Christopher M. Demakis
Listing Office Demakis Family Real Estate, Inc.
Office Phone 508-758-8181
Agent MLS ID BB985280
Office MLS ID AN4538
Listing Data Updated Sep 22, 2026 5:18 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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