18 Hatherly Rd - Apartments FOR SALE


Scituate, MA 02066
$2,775,000 USD
413-896-3060

NO PHOTO

$2,775,000 USD
Apartments - FOR SALE
null | 6% Cap Rate

18 Hatherly Rd
Scituate, MA 02066


OVERVIEW

Northeast Private Client Group, Inc. is pleased to present Sky & Ocean Villa at Barker Estate, a six-unit waterfront multifamily property at 18 Hatherly Road in Scituate, Massachusetts — a coastal South Shore town within walking distance of Scituate Harbor and minutes from the MBTA’s Greenbush commuter line into Boston. Set on the historic 1632 Barker Estate — original farmlands, marshes, stone walls, and ancient oaks — the newly renovated coastal property presents more as a private waterfront villa than a conventional apartment building. It holds a balanced mix of two one-bedroom apartments, three two-bedrooms, and a studio, served by gas forced-hot-air heat, with the landlord covering utilities across the building. Amenities run to a mineral pool and hot tub, a yoga studio and spa bath, and balconies and covered porches with waterfront views, with parking for fourteen vehicles on-site. The property is fully leased, delivering established income today, while in-place rents sit below achievable levels — marking them to market as leases turn adds cash flow without touching the physical plant. Beyond its in-place multifamily income, the estate’s scale and grounds lend flexibility for private events, retreats, and hospitality uses, subject to applicable approvals. Its walkable position near Scituate Harbor and the Greenbush line into Boston keeps rental demand firm and supports the runway to market rents. Please reach out to the deal contacts for more information.

FOR SALE DETAILS

PRICE

$2,775,000 USD

PRICE/SF

$365 USD /SF

# OF UNITS

6

PRICE/UNIT

$462,500

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

None

APN/PARCEL ID

SCIT-000045-000011-000020

ASK ABOUT THIS PROPERTY

James CaseyNortheast Private Client GroupMore Info
413-896-3060

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James CaseyNortheast Private Client GroupMore Info
413-896-3060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.