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Marshfield,MA 02050
Key Details
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,576 sqft
Price per Sqft $215
MLS Listing ID 73319607
Bedrooms 4
Full Baths 2
Half Baths 1
Year Built 1900
Annual Tax Amount $8,098
Tax Year 2024
Lot Size 0.430 Acres
Property Sub-Type 2 Family - 2 Units Up/Down
Property Description
NEW PRICE, ONLY $985K! ESTIMATED (CONSERVATIVE) CAP RATE OF 8%!!! WE HAVE MULTIPLE PARTIES INTERESTED IN RENTING RETAIL SPACES. PERFECT 1031 EXCHANGE OR OWNER OCCUPANT OPPORTUNITY. THE BEST INVESTMENT PROPERTY ON THE SOUTH SHORE! Includes approx 2000 sq ft NOT LISTED IN SQUARE FOOTAGE! Two 2 bedroom residential units & 2 retail units. Complete renovation (see attached documents) including: New roof, new windows, 2 totally new kitchens, fresh paint inside/out, 2 new Navien heating systems, the list goes on & on. Solid construction has been updated to EXCEED THE EXPECTATIONS of today's buyers/investors. Apartments are approximately 850 sq feet each, w/ bonus 800 sq ft walkup 3rd floor. Each retail unit is approx. 940 sq ft, PLUS 900sq ft bonus walkup for offices/storage. Parking for 10-12 cars, No flood insurance required due to the owner's diligence & foresight. Sidewalks to Walgreens (2 mins) & 3 min walk to SOUTH RIVER SCHOOL, .5 miles to Webster Square w/ restaurants & shopping.
Location
State MA
County Plymouth
Zoning B-2
Interior
Flooring Wood,Varies,Hardwood
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation,Shopping,Park,Bike Path,Conservation Area,House of Worship,Public School
Utilities Available for Electric Range,for Electric Dryer,Washer Hookup
Waterfront Description Waterfront,Beach Front,Stream,River,Creek,Private,Harbor
Roof Type Shingle,Rubber
Building
Lot Description Wooded
Story 3
Foundation Concrete Perimeter,Stone,Irregular
Sewer Private Sewer
Water Public
Schools
Elementary Schools South River
Middle Schools Marshfield Jrhs
High Schools Marshfield High