NOT LISTED FOR SALE

61 Wall St Bridgewater, MA 02324

8 Beds
6 Baths
3,400 Sq Ft
0.29 Acres

Last Sold August 17, 2021

Last sale price $650,000 $191 Per Sq Ft

62 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Jogging Path
  • Property is near public transit and schools
  • Corner Lot
  • 4-minute walk to Stanley Iron Works Park

About This Home

As of August 2021

A rare opportunity with rental income from 5 units. 3 of the units are one bedroom units and 2 of the units are two bedroom units with over 3400 sq feet of living space. Most of the units have updated kitchens and baths. Great location close to xway and less than 2 miles from Bridgewater State University, T Commuter rail and shopping. This property sits nicely on a double lot with a lovely side yard and garage within walking distance to Stanley Iron Works Park/Conservation with plenty of ample off street parking. All tenants are long term tenants and call this property home. Seller does not occupy the property and buyers must do their own due diligence.

Last Agent to Sell the Property

Michelle Burt

The Firm Listed on: 04/30/2021

The Firm

Last Buyer's Agent

Michelle Burt

The Firm Listed on: 04/30/2021

The Firm

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $6,935
  • Assessor Parcel Number 927675

Community Details

Overview

  • 6 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $2,823
  • Insurance Expense $3,996
  • Water Sewer Expense $1,750
  • Operating Expense $8,726
  • Net Operating Income $66,094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,008

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 8

Interior Features

  • Flooring: Wood,Vinyl,Carpet
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range
  • Total Bedrooms: 8
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 3400
  • Stories Total: 8
  • MAIN LO: BB2685
  • MAIN SO: BB2685

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Baseboard,Natural Gas
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1750

Lot Info

  • Parcel Number: 927675
  • Zoning: r
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.4
  • Lot Size Units: Acres
  • LOT SIZE: 12500

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6008

Multi Family

  • Electric Expense: 2823
  • Insurance Expense: 3996
  • Net Operating Income: 66094
  • Number Of Units Total: 6
  • Operating Expense: 8726
  • Total Actual Rent: 6935
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $650,000 -13.3% $191 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $750,000 -6.1% $221 / Sq Ft
05/25/2021 05/25/21 Price Changed $799,000 -5.9% $235 / Sq Ft
05/11/2021 05/11/21 Price Changed $849,000 -5.7% $250 / Sq Ft
04/22/2021 04/22/21 For Sale $899,900 -- $265 / 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: 72823476

MLS Property Information Network (MLS PIN)