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Key Details
Sold Price $820,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,212 sqft
Price per Sqft $80
MLS Listing ID 72357463
Sold Date 06/27/19
Year Built 1920
Annual Tax Amount $19,756
Tax Year 2018
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Priced well below assessment and ready to go. Well established lodging house with 24 remodeled units. Never a problem to rent per owner. Currently vacant due to recent renovations. Potential cash cow for the hands on investor. Good returns and tax benefits available. Second and third floors with 12 units each, mostly 2 room, a few 1 room. Common bathrooms and laundry facilities. Newer paint, flooring, electric, sheetrock and insulation. Fully inspected by the city of Brockton and ready to go. Seller will transfer lodging house license to new buyer. Also, first floor, there is 3 commercial units. One is rented at 1002 Main for $2,000 per month, taw. Formally used as a barber shop and convenience store for the other 2 vacant units.. Fully sprinkled interior. Gas heat, separate utilities for first floor, owner pays all utilities for lodging house units. Easy to show with some notice.
Location
State MA
County Plymouth
Area Campello
Zoning C-2
Direction South Main Street across from Cape Cod Cafe
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts
Roof Type Tar/Gravel, Rubber
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Bought with Guy Contaldi • Coldwell Banker Residential Brokerage - Arlington