Location meets opportunity at this unique offering in Swansea, MA—Situated by the Swansea Marina, where the Cole and Lee Rivers open effortlessly into Mount Hope Bay. This rare two-unit property blends a serene nautical lifestyle with the strength of a built-in income stream, making it equally compelling as an investment, a primary residence, or a future dream home site. Investors will appreciate the versatility: keep both units leased for steady cash flow, live in one while the other offsets expenses, or explore the potential for a transformative waterfront renovation or luxury single-family conversion. With its combination of location, usability, and expansion potential, this property stands as a rare chance to acquire a piece of property with a value that should only continue to grow. Whether you envision a solid asset or the ultimate forever home by the water, this Swansea gem delivers the foundation for something truly extraordinary. Contact agent for appointment, won't last long
Turnkey 5 Unit multi on a dead end country setting just one minute from rt 195 and rt 6 Seekonk. Prime investment location close to highway access, Bristol and Warren, and all major local cities. The property is made up of 2 buildings, a 4 unit building and the other is a single family home. Situated on 6 acres of land, lots of common area lawn space, plenty of assigned off street parking, and acres of wooded tree space. Excellent mix of 3 1bd 1 bath units and 2 2 bed 1 bath units. All mechanicals are newer and in perfect working condition. The 4 unit building has vinyl siding, new roof, full basement with washer and dryer connections for the tenants along with storage areas. The Single family home features new paint inside and out, new roof, and new flooring. Tenants pay their electric, heat and hot water. Tenancy is always 100% with most tenants remaining for several years. Current rents are well below market value leaving room for the new owner to capitalize on immediately!
Swansea is located in Massachusetts. Swansea, Massachusetts has a population of 17,020. Swansea is more family-centric than the surrounding county with 31.08% of the households containing married families with children. The county average for households married with children is 27.77%.
The median household income in Swansea, Massachusetts is $101,703. The median household income for the surrounding county is $74,290 compared to the national median of $69,021. The median age of people living in Swansea is 45.2 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 48.2 inches per year, with 32.9 inches of snow per year.
