67-71 North Street, Hingham: A Rare Legal Three-Unit in the Heart of Downtown

Published June 9, 2026 | Listed by the Charles King Group, Hingham, MA

Downtown Hingham doesn't produce many investment opportunities like this one. 67-71 North Street is a fully legal three-unit multifamily on a corner lot steps from Hingham Square, the harbor, and commuter rail — a turnkey income property in one of the South Shore's most consistently in-demand addresses.

Three townhome-style units. Six bedrooms total. $10,000 in current monthly rent. And meaningful upside still on the table.

List price: $2,399,000 | MLS# 73531692

What Makes This Property Different

Most multi-family properties require a trade-off: either the income is there but the location is secondary, or the location is right but the asset needs work. 67-71 North Street doesn't ask for that compromise.

This is a c. 1840 building that has been well-maintained and updated. Each of the three units is a two-level townhome with its own character — exposed beam ceilings, hardwood floors, updated kitchens with granite countertops and stainless appliances, in-unit laundry, central A/C, and gas heat. Every unit has private outdoor space and two dedicated off-street parking spaces. Six parking spaces total for three units, in downtown Hingham — that alone is worth noting.

Two of the three units (67 and 71) have finished attic bonus rooms used as home offices or third bedrooms. The middle unit (69) has an unfinished attic — an immediate value-add opportunity to bring rents in line with the end units.

Location: Downtown Hingham, Not Close To It

North Street puts you in the middle of everything Hingham has to offer. Hingham Square's restaurants, boutiques, and coffee shops are steps away. The harbor and ferry terminal are minutes on foot. The commuter rail station provides roughly a 50-minute ride to South Station. Route 3 and Route 3A give easy access up and down the South Shore.

Rental demand in this location is consistent year-round — this isn't a seasonal market. Hingham's public school system, walkability, and coastal character keep vacancy low and tenant quality high.

Three Paths to Ownership

Buy-and-hold income property

With $93,775 in stabilized NOI and rents supported by one of the South Shore's strongest rental markets, this property works as a long-term hold. There's no immediate capital need and no significant deferred maintenance.

Owner-occupant with rental income

 Unit 69 is vacant at listing — move in, collect $7,000/month from the other two units, and finish the attic on your own timeline to capture additional rent or resale value.

Condominium conversion

The three-unit structure and downtown location make this a natural candidate for future condo conversion, a path worth exploring with an attorney familiar with Hingham's zoning landscape.

Frequently Asked Questions

What is the list price for 67-71 North Street in Hingham?

67-71 North Street is listed at $2,399,000. The property is a fully legal three-unit multifamily totaling 3,688 square feet on a 6,350-square-foot corner lot in downtown Hingham. MLS# 73531692, listed June 8, 2026.

What is the current rental income at 67-71 North Street?

Two units are currently leased: Unit 67 at $3,600/month and Unit 71 at $3,400/month, both on leases through August 31, 2026. Unit 69 is currently vacant; it was previously rented at $3,000/month. At full occupancy, the projected monthly rent roll is $10,000, or $120,000 annually.

What is the net operating income on this property?

At stabilized occupancy, the net operating income is approximately $93,775 annually. That figure is based on $120,000 in projected gross rent less $26,225 in annual operating expenses (taxes, insurance, water, sewer, trash removal, and repairs and maintenance). Source: MLS listing data and seller-provided financials, June 2026.

What is the value-add opportunity at 67-71 North Street?

Unit 69's attic is currently unfinished. Units 67 and 71 both have finished attic bonus rooms and command rents of $3,600 and $3,400 respectively — $600 to $400 more per month than Unit 69's prior lease. Finishing Unit 69's attic to match the end units would bring its rent in line with the rest of the building, adding meaningful upside to the income picture.

Is 67-71 North Street a good location for consistent rental demand?

Yes. Downtown Hingham generates consistent year-round rental demand. The property is steps from Hingham Square, minutes from the harbor and ferry terminal, and close to the commuter rail. Combined with Hingham's strong school system and low vacancy rates, the location supports stable occupancy and tenant retention.

What are the lease and occupancy details at 67-71 North Street?

Unit 67 and Unit 71 are leased through August 31, 2026. Unit 69 is currently vacant. Showing requests require notice due to the occupied units — email Charlie at [email protected] for all showing inquiries.

Is condominium conversion possible at 67-71 North Street?

The property's three-unit legal structure and downtown location make it a candidate worth exploring for future condominium conversion. Any such path would require review by an attorney familiar with Massachusetts condo conversion law and Hingham's local zoning regulations. The Charles King Group can connect interested parties with appropriate professionals.

All data sourced from MLSPIN and seller-provided financials. Multi-family listing, June 2026. Published by the Charles King Group, Hingham, MA.

Charles King Group is a top-producing real estate team serving the South Shore (Hingham, Cohasset, Scituate, Norwell, Hanover, and surrounding towns), Boston, Cape Cod, Metro West, Northern Middlesex & the Merrimack Valley, and Bristol County. Brokered by Real Broker MA, LLC. Ranked in the top 1.5% of agents nationwide by Real Trends.