INNOVATE Real Estate
Residential at 52 Plain St, Pembroke MA 02359
Residential at 52 Plain St, Pembroke MA 02359, photo 2 of 5
Residential at 52 Plain St, Pembroke MA 02359, photo 3 of 5
Residential at 52 Plain St, Pembroke MA 02359, photo 4 of 5
Residential at 52 Plain St, Pembroke MA 02359, photo 5 of 5
5 photos

$1,100,000

52 Plain St, Pembroke MA 02359
Pembroke, MA 02359
Listed by James Kalweit
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Comprehensive permit approved and secured to build 20 net new rental units under chapter 40b. Rental units approved as 12 x 1 bedroom units, 6 x 2 bedroom units, 2 x 3 bedroom units Projected rents/monthly/annual income: pro forma included in attached sales deck. Buyer will work with already paid 40b consultant to finalize state approval. To finalize Buyer will need to secure financing. Building permit is waiting for new buyer to complete, with all documentation submitted and approved by the town. Hard costs based on actual bids which will be shared with prospective buyer(s). Possible condo conversion available / multiple exit strategies.

Property details

MLS
MLS Property Information Network
MLS #
73519835
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
165
On market date
May 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.41 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Hobomock Elementary
1.19 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
408
Student:teacher ratio
13.2:1
District
Pembroke
Middle
Pembroke Community Middle School
0.33 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
412
Student:teacher ratio
14.7:1
District
Pembroke
High
Pembroke High School
1.22 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
785
Student:teacher ratio
14.0:1
District
Pembroke

Walkability

Blended score for Pembroke's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

16
Very car-dependent
out of 100
EPA National Walkability Index
4.3 / 20 -- Least walkable
Google Places amenity density
8 / 100
Restaurants & cafes1
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Pembroke, from live MLS data.

On the market 165 days -- 67 more days than Pembroke's current average of 98 days.
For reference, the median list price across 79 active listings in Pembroke right now is $649,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,774/mo
$220,000 down
$880,000 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.