Description
Location, Location, Location! Rare opportunity to purchase a 4 unit mixed-use building. (2 residential units; 2 commercial units) 3 out of the 4 units will be delivered vacant which makes it an ideal Condo Conversion Project or Excellent property for 1031 Exchange Buyer. Very desirable building & location w/ off-street parking. Walk to beaches, town, restaurants, shops & cafes. Train to Boston/Newburyport/Rockport only @ 1 mile away. Projected rent roll @ $120k; Projected expenses @ $30k. NOI @ $90k. Purchase w/ cash and property potential to yield 8-10% ROI. Ample off-street parking ideal for commercial tenants, very rare for Humphrey St. Boston @12.5 miles away. Located on bus route. Residential units have decks w/ ocean views. Great long term buy & hold OR condo convert. Property can be purchased as a package w/ 18-20 Sculpin Way (adjacent) MLS #
Location
Similar Listings
$13,200
3
2
1,400 Sq ft
ACTIVE
MLS# 71296569
Listing Agent: Karen M. Overtoom
Courtesy of: Karen M. Overtoom R.E.
$48,680
ACTIVE
MLS# 71751209
Listing Agent: Deborah Krawiec
Courtesy of: Berkshire Hathaway HomeServices Realty Professionals
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing Agent: Stephen Martin Agent phone: 617-212-3251 Courtesy of: Lux Realty North Shore Office phone: 978-922-1000 The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Privacy Policy Notice: All information collected voluntarily from you will be used to personalize your experience, improve our website and improve our customer service. This information will not be shared with any other third persons or entities. Updated: 29th January, 2023 8:47 PM (UTC)
