NOT LISTED FOR SALE
8 Beds
5 Baths
5,372 Sq Ft
0.62 Acres

Last Sold July 08, 2020

Last sale price $1,075,000 $200 Per Sq Ft

2 Days on Market

About This Home

As of July 2020

Five unit Multi-Family with all separate utilities, well maintained by the same Owner for over 20 years with an excellent rental history. Gas heat and gas hot water for all 5 units, three 2 bedroom units and two 1 bedroom units. Spacious apartments with eat-in kitchens and plenty of living space. Lots of natural woodwork with hardwood floors throughout most of the home. Plenty of parking for twelve+ cars. Fully rented with a strong cash flow of over $7600 monthly (with room for growth) / $91200 annually. Coin-op laundry in the basement that generates an additional $1200+ annually. Convenient location with Route 3 and 93 only minutes away and the "T Station", shopping, restaurants, and all of the area amenities very close by adds to the desirability of this rental property. Potential expansion possibilities. Showings by appointment with proof of funds / pre-approval.

Last Agent to Sell the Property

Bob Germaine

Germaine Realty LLC Listed on: 04/16/2020

Last Buyer's Agent

Fern Langella

The Firm

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 0.62

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:24 B:322 L:001

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 3235
  • Year Built Description: Actual
  • List Price Per Sq Ft: 195.46
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 8
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 5
  • Total Fbh: 5
  • No Rooms: 20
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full
  • Main Lo: A95624
  • Main So: BB2685
  • Estimated Sq Ft: 5372.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 14

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 290
  • Sewer: 2700
  • Electric Features: Circuit Breakers
  • Heat Zones: 5
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
  • App Common: Washer / Dryer Combo

Schools

  • Elementary School: Murphy
  • Middle School: Chapman/Abigail
  • High School: Weymouth H.S.

Lot Info

  • Assessments: 883700.00
  • Acre: 0.62
  • Lot Size: 27200.00
  • Page: 242
  • Parcel Number: M:24 B:322 L:001
  • Zoning: A4
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Heat Units: 5
  • Total Levels: 5
  • Total Rent: 7600
  • Total Rms: 13
  • No Units: 5
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 10534.00
  • Assessor Parcel Number: 276681

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $1,075,000 +2.4% $200 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $1,050,000 -- $195 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72644531

MLS Property Information Network (MLS PIN)