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Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,689 sqft
Price per Sqft $165
MLS Listing ID 72563415
Sold Date 01/16/20
Bedrooms 10
Full Baths 5
Year Built 1900
Annual Tax Amount $8,768
Tax Year 2019
Lot Size 0.470 Acres
Acres 0.47
Property Description
Cash cow with $6.5K monthly rent and $58K annual NOI, CAP RATE 7.4%! This 5 unit apartment building in Foxboro is an incredible investment opportunity. Located in a quiet neighborhood, this building is a great opportunity for investment or rental income. This property has been updated: the windows, roof, and flooring are newer, and a new coat of paint has recently been applied. Each unit also has two bedrooms, separate heating & electricity. Laundry is within the building. Great location, as Gillette Stadium and the Patriot Place Mall are a 15 mins drive away, Wrentham Village Premium Outlets 25 mins drive away. Easy access to I-95, I-495, close to state parks with hiking trails, near country clubs and conservation areas. Do NOT miss this chance to generate huge return on cash flow as it will not stay long! Open house this weekend on Sep 14th/15th 1:30pm~3pm!
Location
State MA
County Norfolk
Area East Foxboro
Zoning Res
Direction See Google Maps.
Rooms
Basement Partial, Walk-Out Access
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Appliance Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator)
Laundry Laundry Room
Exterior
Community Features Shopping, Park, Conservation Area, Highway Access, Public School
Roof Type Shingle
Total Parking Spaces 10
Garage No
Building
Lot Description Wooded
Story 6
Foundation Concrete Perimeter, Block
Sewer Private Sewer
Water Public
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Bought with Stig Bergquist • Keller Williams Realty