Triplex Multi-Family for Sale

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30778102
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 3 Units
Building Size (RSF): 2,660 SF
Gross Building Area: 4,566 SF
Gross Land Area: 4,325 SF
Sale Price: $475,000
Unit Price: $158,333.33 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 1/12/2022

Overview / Comments

Rare Triple Decker Multi-Family Home tucked away on a quiet dead end street in South Bellingham is a fantastic opportunity for both owner-occupants and investors. The 3-2-1-unit bedroom layout is an easy money maker with each unit offering a large kitchen/dining area, living room, full baths in units 1 & 2 and each featuring separate private decks overlooking the yard. Clean, dry Basement level offers a common laundry area with washer dryer plus spacious & secure storage lockers for each unit. Other features include vinyl siding & windows, newer roof and gutters, separate power utilities, a detached 2 car garage and ample off-street parking. Small fenced area in the back well suited for pets plus a front yard and large dead end driveway space perfect for entertaining and safe play for the kids. Convenient location close to shopping, schools, parks, public transit & major routes. All units TAW w/current rents well below market. Excellent cap rate potential. Showings start Fri 12/10 @12pm

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Norfolk
Tax ID/APN: 0094-0034-0000
Zoning: MULTI-CONV
Percent Occupied: 100%
Highway Access: Close to Rte.495 and major routes
Airports: Boston Logan
Site Description: Level, Last House on Dead-End Street
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1914
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: On-site, off-street
Total Parking Spaces: 8
Laundry: Shared
Heat Type: Hot Water
Heat Source: Baseboard
Fuel: Oil
Air Conditioning: Window Unit
Internet Access: Cable
Zoning Description: Residential
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,632 61,631 109,060
Median Age: 38.12 38.67 39.61
Households: 5,762 24,819 42,588

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