Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

1574-1579 Pleasant St

South Lee - Lee, MA ID #73423628

Property Description

Welcome to The House of HBB – Built in 1815 Rarely does a property so seamlessly combine historic significance and proven profitability. Situated on Pleasant Street and listed on the Historic Register, this meticulously maintained home offers three fully independent units—each successfully run as a 5-Star Airbnb with consistent repeat bookings, strong occupancy, and very little overhead. With a history of high cash flow and room to expand, this property presents a truly turnkey opportunity for investors. Perfect for an owner-operator who wants to live in one unit while generating income from the others, or as a high-performing addition to an existing Airbnb/STR portfolio. This is more than just a historic home—it’s a versatile, income-producing asset that blends charm, functionality, and financial return. | Cap Rate 10.4% | Gross Yield 11.2% | Cash-on-Cash 20%

Additional Details

  • Status: ACT
  • Type: Multi-Family, 3 Family
  • Area: South Lee
  • Zip Code: 01238
  • Taxes: 5,085
  • Levels: 4

Parking

  • Garage: 1
  • Garage Capacity: 1
  • Parking: Off Street, Stone/Gravel
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 4
  • Total Rooms: 11

Location

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1574-1579 Pleasant St, Lee, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Ashley Rose of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.