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$899,000
Est. payment /mo
11 Beds
3 Baths
3,852 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,852 sqft
Price per Sqft $233
MLS Listing ID 73367062
Bedrooms 11
Full Baths 3
Year Built 1880
Annual Tax Amount $8,927
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type 3 Family
Property Description
7.87% CAP RATE!! Situated near downtown Bridgewater, this expansive 3,852+/- sf multifamily property offers a compelling investment. Comprising two 4-bed units and one 3-bed unit - this is a great income-generating property. 127 Main St. provides tenants with easy access to shopping, dining, and local amenities. 0.5 miles from Bridgewater State University, makes it an attractive residence for students and faculty. 1 mile from the Bridgewater MBTA station, facilitating seamless travel to Boston. Current rents are slightly below market value, presenting an opportunity to enhance income streams. 2 spacious attics offer the potential to add an additional unit or expand existing ones - subject to local zoning regulations. Roof was replaced approximately 3 years ago, front porch was replaced last year - reducing immediate capital expenditure.Provides plenty of off-street parking.127 Main Street stands out as a promising addition to any investment portfolio.
Location
State MA
County Plymouth
Zoning CBD-S
Direction Use GPS
Exterior
Total Parking Spaces 8
Garage No
Building
Lot Description Gentle Sloping
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Coldwell Banker Realty - Boston
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