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$1,050,000
Est. payment /mo
10 Beds
7 Baths
4,839 SqFt
UPDATED:
11/26/2024 10:30 PM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,839 sqft
Price per Sqft $216
MLS Listing ID 73312962
Bedrooms 10
Full Baths 7
Year Built 1900
Annual Tax Amount $11,121
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Description
285 W Elm Street consists of a three-story building containing seven (7) residential units comprised of five (5), 1-Bedroom/1-Bathroom units, one (1), 2-Bedroom/1 Bathroom units, and one (1) 3-Bedroom/1-Bathroom unit with 4,839 square feet of living area in 6,874 total gross square feet. The property features six (6) on-site parking spaces available for tenants on a 0.16-acre corner parcel of land. All units are separately metered for electricity, and gas-fired heat, and all units except for 3 and 6 are responsible for hot water, which the tenants pay directly. The Landlord is responsible for common area electric, hot water for units 3 and 6, and domestic water and sewer. All tenants are tenant-at-will, with one (1) unit currently vacant. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units, common areas and exteriors to drive rental rates.
Location
State MA
County Plymouth
Zoning R2
Direction Please use GPS
Rooms
Basement Full
Interior
Heating Natural Gas
Exterior
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, T-Station
Roof Type Slate
Total Parking Spaces 6
Garage No
Building
Lot Description Corner Lot
Story 8
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Horvath & Tremblay
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