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$750,000
Est. payment /mo
9 Beds
6 Baths
4,449 SqFt
UPDATED:
12/10/2024 08:05 AM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,449 sqft
Price per Sqft $168
MLS Listing ID 73318243
Bedrooms 9
Full Baths 6
Year Built 1900
Annual Tax Amount $6,703
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Description
580 Bay Street consists of a three-story building containing six (6) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and three (3), 1-Bedroom/1-Bathroom units with 4,449 square feet of living area in 6,470 total gross square feet. Situated on a 0.19-acre corner parcel of land, the property offers ample off-street parking for residents. All units are separately metered for electricity and gas-fired heat and hot water which the tenants pay directly. The Landlord is responsible for common area electric, and domestic water and sewer. All tenants are tenant-at-will. 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 exterior to drive rental rates.
Location
State MA
County Bristol
Zoning URBRES
Direction Please use GPS
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Appliance Washer, Dryer
Exterior
Community Features Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Roof Type Shingle
Total Parking Spaces 9
Garage No
Building
Lot Description Corner Lot
Story 9
Foundation Concrete Perimeter, Block
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Horvath & Tremblay