$1,400,000
PENDING

Estimated payment $8,589/month

Total Views 2,002
12 Beds
9 Baths
6,764 Sq Ft
$207 Price per Sq Ft

About This Home

Attention Investors! Don’t miss this opportunity to acquire a well-maintained 9-unit multifamily in the heart of downtown North Attleboro. This asset boasts strong cash flow with long-term tenants; all of whom are on a month-to-month basis and rents below market value. The property features 9 distinct apartments, each with its own private entrance, bathroom, and kitchen—comprising of 3 two-bedroom units and 6 one-bedroom units. Each unit is separately metered for gas and electricity. Conveniently located within walking distance to public transportation, shopping, dining, and banking. Recent updates include a new automated fire alarm system, ensuring safety and compliance. Additional amenities include secured storage units in the basement, coin-operated laundry facilities, and ten off-street parking spaces. This property is being sold in as-is condition, seize this opportunity to invest in a lucrative multifamily property with significant upside potential!

Listing Agent

Kenny Morrell

Morrell Realty Group Listed on: 06/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,556

Year Built

  • Built in 1890

Lot Details

  • 7,598 Sq Ft Lot
  • Cleared Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 6,764 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Block Basement Construction

Parking

  • 10 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Porch

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0019 B:0207 L:0000,2870810

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $440
  • Insurance Expense $6,230
  • Water Sewer Expense $4,683
  • Operating Expense $17,074
  • Net Operating Income $100,346

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,556

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Carpet
  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 9
  • Total Bathrooms: 9
  • Total Bathrooms: 9
  • Basement: Full, Interior Entry, Sump Pump, Concrete
  • Above Grade Finished Sq Ft: 6764
  • Living Area: 6764
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5822
  • LIST PRICE PER Sq Ft: 206.98
  • PRICE PER Sq Ft: 206.98

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Deeded, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4683

Lot Info

  • Parcel Number: M:0019 B:0207 L:0000,2870810
  • Zoning: R15
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7598
  • Lot Size Units: Acres
  • PAGE: 170

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13556
  • Tax Book Number: 18245

Multi Family

  • Electric Expense: 440
  • Gross Income: 117420
  • Insurance Expense: 6230
  • Net Operating Income: 100346
  • Number Of Units Total: 9
  • Operating Expense: 17074
  • Total Actual Rent: 9785
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 2: 3

Map

Range of Values:

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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
06/23/2025 06/23/25 Pending -- -- --
06/15/2025 06/15/25 For Sale $1,400,000 -- $207 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73391187

MLS Property Information Network (MLS PIN)