$1,435,000
$1,549,999
7.4%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
4,752 SqFt
SOLD DATE : 10/06/2021
Key Details
Sold Price $1,435,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,752 sqft
Price per Sqft $301
MLS Listing ID 72852046
Sold Date 10/06/21
Bedrooms 7
Full Baths 4
Year Built 1900
Annual Tax Amount $10,000
Tax Year 2020
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 Family
Property Description
Amazing OCEANFRONT INCOME PROPERTY with 2 lots on 1 parcel in desirable Beachmont. This amazing 4-fam features 1-2 bed/1 bth units all with spectacular, unobstructed OCEAN VIEWS, private oceanfront outdoor deck space, separate utilities, laundry hook-up, and dedicated off-street parking. 3 of the units have RECENT INTERIOR UPDATES which include new appliances,flooring,cabinetry and newer electrical in addition to other system updates. NEW ROOF, SIDING, exterior DOORS, and unit SLIDERS are all less than 1 year old and have a transferable warranty. Investors:enjoy the well-established rental history as the property can be delivered with leases in place for immediately cash flow of ~$90k (5% Cap), or delivered vacant with the opportunity to bring rents to market rate. Explore future growth potential for future luxury CONDO CONVERSION or DEVELOPMENT EXPANSION on adjacent lot. 15 min to downtown, 10 min to the airport, steps to the Blue Line, and 1 mile to Suffolk Down Project.
Location
State MA
County Suffolk
Area Beachmont
Zoning RB
Direction Take Bennington street to Endicott Ave.
Rooms
Basement Partial, Finished
Interior
Interior Features Unit 1(Bathroom With Tub & Shower, Open Floor Plan, Slider), Unit 2(Bathroom With Tub & Shower, Open Floor Plan, Slider), Unit 3(Bathroom With Tub & Shower, Open Floor Plan, Slider), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Kitchen)
Heating Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard), Unit 4(Hot Water Baseboard, Individual)
Flooring Wood, Tile, Vinyl, Carpet, Laminate, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet)
Appliance Unit 1(Range, Dishwasher), Unit 2(Range, Refrigerator - ENERGY STAR)
Exterior
Exterior Feature Balcony, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Marina, T-Station
Waterfront Description Waterfront, Beach Front, Ocean, Harbor, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
View Y/N Yes
View Scenic View(s)
Roof Type Shingle
Total Parking Spaces 5
Garage No
Building
Story 7
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
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Bought with Christine Cannon Coughlin • Bantry Way Brokerage LLC
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Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA