Property Attributes
- MLS#73225719
- TypeMulti-Family
- CountyPLYMOUTH
- CityBrockton
- AreaMontello
- Zip02302
- Style5-9 Family
- Year Built1900
- Taxes$ 8346
- Price$ 1,699,900
- Bedrooms20
- Full Bathrooms10
- Half Bathrooms1
- Sqr Footage7632
- Lot Size0.11 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Attn Investors: PROJECTED NOI $172,005 w/9% CAP. This 11-Unit Investment Opportunity Awaits You! This unparalleled property comes with a blend of residential & commercial income. Located in the northside of the city, this neighborhood comes numerous conveniences at your doorstep, this building comes with ten 1-br units and one separate commercial unit, making it a quintessential asset for long-term investment. Durable & Low Maintenance exterior with vinyl siding & windows and rubber membrane roof. Separate Utilities-A Hassle-Free Arrangement. Ample Off-Street Parking with a separate parking across the street. Unbeatable Location with the "Montello" commuter rail station, Quick & Easy highway access and numerous shops, restaurants & other essential amenities nearby. Steady Cash Flow & Upside Potential with room to maximize its revenue with rental increases, which makes this a safe investment. Seize this opportunity!!
Price History | |
---|---|
4/18/2024 | Listed $1,739,900 |
4/22/2024 | 3% - $1,699,900 |
General Features
Interior Features | Living RM/Dining RM Combo |
---|---|
Sewer | Public Sewer |
Heating | Central,Natural Gas |
Utilities | for Gas Range |
Roof | Rubber |
Appliances | Washer,Dryer,Range,Refrigerator |
Zoning | I2 |
Construction Materials | Frame |
Year Built | 1900 |
Electric | Circuit Breakers |
Property SubType | 5-9 Family |
Tax Year | 2023 |
Gross Income | 203100 |
Community Features | Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Private School,Public School,T-Station |
County | Plymouth |
Net Operating Income | 172005 |
Operating Expense | 31095 |
Insurance Expense | 7200 |
Property Type | Residential Income |
Garage Y/N | No |
Total Rooms | 31 |
Status | Active |
Directions | Montello St to Ames St,between Sparks & Intervale Sts |
City | Brockton |
Disclosures | The parking lot @ 107 Ames St is INCLUDED with purchase. Lot Size is 2,823+/- Sq Ft,Assessed for $8,600 and Taxes for '23 is $26.02. Please include this parcel on the offer. |
Senior Community Y/N | No |
NumberOfUnitsTotal | 11 |
MLS Area | Montello |
Lot Size Units | Acres |
Lot Size Square Feet | 5001 |
Waterfront Y/N | No |
Street Name | Ames St |
Year Built Details | Approximate |
Tax Annual Amount | 8346.14 |
Home Warranty Y/N | No |
Water Sewer Expense | 4656 |
Building Area Units | Square Feet |
Standard Status | Active |
Year Built Source | Public Records |
Tax Assessed Value | 643000 |
Total Actual Rent | 13500 |
Compensation Based On | Net Sale Price |
Sub-Agency Relationship Offered | No |
Interior Features
Basement | Interior Entry,Bulkhead,Dirt Floor,Unfinished |
---|---|
Flooring | Hardwood |
Total Stories | 7 |
Heating Y/N | Yes |
Window Features | Insulated Windows |
Fireplace Y/N | No |
Full Baths | 10 |
Half Baths | 1 |
Total Bedrooms | 20 |
Total Baths | 11 |
Exterior Features
Fencing | Fenced/Enclosed,Fenced |
---|---|
Parking Features | Off Street,Unpaved |
Water Source | Public |
Total Parking | 10 |
Lot Size Area | 0.11 |
Foundation Details | Stone |
Spa | No |
Building Area Total | 7632 |
Lot Size Acres | 0.11 |
Road Surface Type | Paved |
Foundation Area | 2520 |
Road Frontage Type | Public |
Road Responsibility | Public Maintained Road |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool