Sold
99-101 Porter Street
Stoughton MA, 02072
$1,495,000
$319.44 per sqft
Sold
22 Beds
8 Baths
4,680 sqft
Multi-family
Built in 1930
INVESTORS TAKE NOTICE! Serious cash flow on this extremely profitable, high income producing, 22-unit rooming house. Big income and a very high occupancy rate due to good management and an exceptional location in a residential neighborhood only 1 block from Stoughton Center. Tenants have Immediate proximity to commuter rail, bus lines, shopping, banking and many more amenities. Rental mix is 2 apartments, 3 studios, and 17 single rooms. Highly competent, on site, professional property & maintenance manager make this an investors dream! Over the years, owner has made many improvements, streamlined operations & expenses, mastered the leasing and cash flow aspects of this investment, pushed rents, and developed a very profitable, high cash flowing investment. This is the quintessential cash cow! Qualified buyers only please! Owner is retiring.
72757347
MLSⓇ ID
November 14, 2020
Listed
February 7, 2024
Updated
Map
99-101 Porter Street
Stoughton MA, 02072
Interior Features
Total Stories
3
Bedrooms
22
Total Bathrooms
8
Interior Features
Cathedral/Vaulted Ceilings, Storage, Studio, Bathroom with Shower Stall, Bathroom With Tub Shower, Internet Available - Broadband, Internet Available - Fiber-Optic, Kitchen
Appliances
Range, Refrigerator
Floor Description
Tile, Vinyl, Carpet, Varies Per Unit, Laminate, Hardwood, Vinyl / VCT, Tile Floor, Hardwood Floors, Wall to Wall Carpet, Stone/Ceramic Tile Floor
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Baseboard
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Covered Patio/Deck, Gutters, Professional Landscaping, Screens, Balcony/Deck
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$11,471
Tax Frequency
Annually
Garage
No
Parking
Paved Drive, Off Street, Paved
Parking Total
10
View
No
County
Norfolk
Water Source
Public
Pool
No
Zoning
121
Buyer Agency Compensation
2%
Courtesy of ,
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Data last updated 9:06 AM UTC, 2/7/2024
