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Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,720 sqft
Price per Sqft $152
MLS Listing ID 73259991
Sold Date 09/30/24
Bedrooms 6
Full Baths 6
Half Baths 2
Year Built 1875
Annual Tax Amount $11,373
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Solid income producing 7-unit mixed use building in prime location!This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease.Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away.Opposite a brand new condo development this area offers strong appreciation in the near future
Location
State MA
County Bristol
Zoning B
Direction Corner property at the intersection of Durfee St and Cherry St.
Interior
Flooring Vinyl
Exterior
Garage Spaces 2.0
Community Features Public Transportation, Park, Walk/Jog Trails, Laundromat, Marina, T-Station
Utilities Available for Gas Range
Waterfront true
Waterfront Description Waterfront,River
View Y/N Yes
View Scenic View(s)
Roof Type Shingle
Total Parking Spaces 4
Garage Yes
Building
Lot Description Corner Lot
Story 9
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Austin Robichaud • Fortified Realty Group
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Jim Armstrong
Team Leader/Broker Associate | License ID: 9074205
Team Leader/Broker Associate License ID: 9074205