230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
230 School St
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$460,000

230 School St

5 Beds 5 Baths 2,520 Sq.Ft.

Description

PROFITABLE income property with "potential for greater income" by bringing the rents up to market rate. Building will be fully rented and cash flowing. Low to no yard maintenance provides a cost savings. Five of the five units are TAW leaving room for increased revenue. Great neighborhood is minutes from RT138 and RT44. rubber roof 2009, Average annual gross income is $52,734, Vacancy allowance of 6% ($3,366) with a current NOI of $43,902 and a cap rate of 9.87%, Building has Full Letter of Lead compliance and will be attached to MLS. Newer windows, Newer vinyl exterior

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Location

230 School St, Taunton, MA 02780

Status

Sold
Gilberto Franco

Gilberto Franco

Property Amenities

Interior
Appliances Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
Flooring Wood, Vinyl, Carpet, Laminate
Other Interior Features Other (See Remarks)
Area & Lot
Lot Area 0.04 Acres
Living area 2,520 Sq.Ft.
MLS® ID 72993219
Year Built 1927
Type MULTI_FAMILY
Status Sold
Exterior
Stories 8
Water Source Public
Sewer Public Sewer
Parking Off Street
Lot Features Level, Other
Roof Rubber
Utilities for Gas Range, for Electric Range
Finance
Sales Price $460,000
Real Estate Tax $5,580

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