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111-115 East Street, North Attleboro, MA 02760

$1,095,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Units
  • 9 Total Beds
  • 0.33 Acres
  • 14 Car Garage
111-115 East Street, North Attleboro, MA 02760 View this property at 111-115 East Street, North Attleboro, MA 02760
111-115 East Street North Attleboro MA 02760

Property Description

Turnkey Investment Opportunity with an 8.4% Cap Rate in-place! The 0.33 acre property consists of 3 separate structures, containing 14 garage bays and 8 residential apartments. The apartments are comprised of (2) 2 bed/1 bath units, (5) 1 bed/1 bath units, and (1) studio/1 bath unit. Tenants are responsible for their own electricity, and landlord is responsible for heat and hot water for seven of the eight units. In addition, one of the buildings contains coin operated laundry facilities and storage compartments for use by all tenants. Seven of the garages are used by various tenants, and six others are rented to non-residents and one by the landlord. There is also ample surface parking available in the rear of the property,
allowing new owner to reconfigure resident parking to significantly increase garage income. Above average finishes, significant capital upgrades over the past 10 yrs ***SEE ATTACHED OFFERING MATERIALS FOR DETAILED BUILDING INFO, RENT ROLL AND CASH FLOW***

Full Property Details for 111-115 East Street

  • Price: $1,095,000
  • Taxes: $6,867 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 72119632
  • Updated: 2/20/2017
  • Added: 68 day(s) ago

Property History

  • 111-115 East Street, North Attleboro, MA
  • Listed at $1,095,000 on 2/16/17

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 9

Parking

  • Garage: Yes
  • Garage Spaces: 14
  • Parking Features: Off-Street, Assigned, Paved Driveway

Location

  • County: Bristol

Structural Information

  • Architectural Style: 5-9 Family
  • Stories Description: 2
  • Square Feet: 5,297
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.33
  • Lot Size (Sq. Ft.): 14,394

Financial Considerations

  • Tax Amount: $6,867
  • Tax Year: 2017

Listed by Roberto Magno

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111-115 East Street will cost you if you:

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111-115 East Street, North Attleboro, MA 02760 (MLS# 72119632) is a Multi-Family property with 8 units containing 9 bedrooms and 8 full bathrooms. 111-115 East Street is currently listed for $1,095,000 and was received on February 16, 2017. Want to learn more about 111-115 East Street? Do you have questions about finding other Multi-Family real estate for sale in North Attleboro? You can browse all North Attleboro real estate or contact a Coldwell Banker agent to request more information.

Listed by Roberto Magno