Price Reduction - Golf Course
Address
107 Ames St, Brockton, MA
Price
$ 1,699,900
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 Size4,792 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Open to SELLER's Financing Proposals. 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 |
| Total Units | 11 |
| MLS Area | Montello |
| 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 |
| Lot Size Units | Acres |
| 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
Property vs Multi-Family Average in 02302
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
