For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,522 sqft
Price per Sqft $170
MLS Listing ID 73048526
Sold Date 09/29/23
Bedrooms 12
Full Baths 6
Year Built 1900
Annual Tax Amount $5,261
Tax Year 2022
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Nice 6 Family with 2 Studios @$1100 & $500 ea, 2 One beds@$1200 ea and 2 two beds at $1400 & $1600 ea. Heat and hot water is included along with coin laundry. Long term tenants with strong history. Gas Averages $450 a month for heat and hot water. Purchase Price $675,000 - 25% ($168,750) =$525,000 @ 6.25% =$3200 + $441 Taxes + $375 for Ins. + $450 for Heat and hot water Total Expenses=$4500 minus Total Income=$7050 = Profit of $2550 per month. This is a solid investment with not alot to do.
Location
State MA
County Bristol
Zoning A-2
Direction USE GPS
Rooms
Basement Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Heating Unit 1(Hot Water Radiators), Unit 2(Hot Water Radiators), Unit 3(Hot Water Radiators), Unit 4(Hot Water Radiators)
Cooling Unit 1(Window AC)
Flooring Wood
Appliance Unit 1(Dishwasher, Refrigerator), Unit 2(Microwave, Refrigerator), Utility Connections for Gas Range
Exterior
Exterior Feature Porch, Gutters
Fence Fenced/Enclosed
Community Features Public Transportation
Utilities Available for Gas Range
View Y/N Yes
View City View(s)
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Story 6
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Brian Rupp • William Raveis R.E. & Home Services
GET MORE INFORMATION
Norfolk County, MA
Broker Associate | License ID: 9090789
Broker Associate License ID: 9090789