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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,432 sqft
Price per Sqft $92
MLS Listing ID 72219088
Sold Date 07/05/18
Bedrooms 21
Full Baths 8
Year Built 1920
Annual Tax Amount $10,237
Tax Year 2017
Lot Size 10,454 Sqft
Acres 0.24
Property Description
At Market Rents this property will have a CAP RATE OF 10.4%. Owner has had property for decades and has kept rents low for long term tenants. The property consists of 2 Buildings with a total of 8 Units. The first building has 6 Units. EACH UNIT has 3 large Bedrooms and a large eat in kitchen with additional pantry with All Separate Utilities plus a 1.5 yr old architectural roof, updated electric, newer Gas heating systems and many windows replaced. The second building is a 2 family with 2 yr old architectural roof, updated electric and newer Gas heating systems. There is parking on both sides of the property to accommodate 12+ cars. ALL NEW Roof of both buildings replaced in Dec 2016.
Location
State MA
County Plymouth
Zoning R2
Direction North Montello is Rt 28
Exterior
Community Features Public Transportation, Shopping, Laundromat, T-Station
Total Parking Spaces 12
Garage No
Building
Story 8
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Thomas Grattan • The Real Estate Authority
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