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Rare Multi-Family Opportunity with Water Views in Historic Assonet! Don't miss this exceptional opportunity to own a rare multi-family property in one of Assonet's most desirable waterfront neighborhoods. Ideally located directly across from Hathaway Park and the public boat ramp, this unique property offers beautiful water views and immediate access to the Assonet River, making it perfect for boating, fishing, kayaking, paddleboarding, or simply enjoying the peaceful surroundings. Whether you're searching for an investment property, an owner-occupied home with rental income, or a flexible option for multi-generational living, this property offers endless possibilities. While the home could benefit from updates and your personal vision, it presents an outstanding opportunity to build equity and maximize value in a highly sought-after location. The spacious layout provides flexibility for today's living needs and may offer potential for an Accessory Dwelling Unit (ADU), subject to local approvals and buyer due diligence. Commuters will appreciate the convenience of being just five minutes from the MBTA Commuter Rail, providing easy access to Boston while enjoying the charm and slower pace of historic Assonet. Nearby you'll find local restaurants, parks, walking trails, marinas, and all that the South Coast has to offer, with Routes 24, 140, and 195 providing convenient highway access. Opportunities to own a multi-family property in this location are few and far between, making this an excellent choice for investors looking to expand their portfolio, buyers seeking rental income to offset housing costs, or those planning for extended family living. Bring your ideas, renovate to your taste, and unlock the full potential of this unique property in a picturesque waterfront setting. With scenic views, an unbeatable location, commuter convenience, and tremendous upside potential, this is a rare chance to invest in one of Assonet's hidden gems. Schedule your showing today and imagine the possibilities this special property has to offer.

More Info

Basic Information

  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number M:211 P:212,2851402
  • Rent Includes Unit 1(Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $561,900
  • Tax Year 2025
  • Taxes$5,568

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces8

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$699,900
  • MLS Number73553475
  • Modification Date07/26/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address26 Water Street
  • Building Number26
  • CountyBristol
  • StateMA
  • StreetWater Street
  • TownFreetown
  • Zip02702

Building

  • BasementPartial, Bulkhead, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Granite, Irregular
  • Levels 2
  • Patio And Porch Features Porch, Deck - Wood, Covered
  • Rooms10
  • Stories2
  • Units2
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.45

Interior

  • Flooring Tile, Vinyl, Carpet
  • Interior Features
    • Bathroom With Tub & Shower
    • Family Room
    • Floored Attic
    • Kitchen
    • Laundry Room
    • Living Room
    • Storage

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters
  • RoofShingle

Utilities

  • Electric Circuit Breakers,200+ Amp Service
  • Heat SystemYes
  • Heating Oil, Electric
  • Sewer Private Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,688
  • Lot Size Square Feet 19,602
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,688

Amenities

  • Accessibility Features Accessible Entrance
  • Amenities
    • Conservation Area
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator
  • Other AmenitiesBasement

Other

  • Date Listed07/22/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jeffrey Begin of Lands End Realty,Inc.

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