111 115 East Street
North Attleboro, MA 02760
- 9 beds
- 8 baths
- 5,297 sqft
- 14,394 sqft lot
- $194 per sqft
- 1910 build
- – on site
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Turnkey Investment Opportunity with an 8.8% Cap Rate in-place! Property consists of 3 separate structures, containing 14 garage bays and 8 residential apartments. The apartments are comprised of (2) 2 beds, (5) 1 beds, and (1) studio, and fully occupied. Tenants are responsible for their own electricity, and landlord is responsible for heat/hot water for 7 of the 8 units. There is coin operated laundry facilities and storage compartments for use by all tenants. Six garages are rented to non-residents and one by the landlord, and there are 4 vacant garages ready to be rented. 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. Unit #5 recently gutted with granite/SS. Significant capital upgrades over the past 10 yrs ***SEE ATTACHED OFFERING MATERIALS FOR DETAILED BUILDING INFO, RENT ROLL AND CASH FLOW
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Last updated Jun 4, 2023
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MLS# 72214658 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/2/17
Oct 2, 2017
|
Sold | MLSPIN | $1,029,500 |