Unit Information
Experience the ultimate investment opportunity with this versatile mixed-use very large unfinished 3rd. floor that could be another unit or made into a loft with water view .. this property offers endless possibilities.Investors, take note! Owner financing is available, allowing you to leverage the rental income to help pay the mortgage and live comfortably while enjoying a remarkable return on investment. With below-market rents and all units currently occupied, this property presents an attractive 8% potential cap rate based on current market rents (currently $1,100, $850, $700, and $700).Ideally situated mere minutes from the upcoming train station, reliable transit connections between Southeastern Massachusetts and Boston will be at your doorstep. Additionally, this prime location offers convenient access to highways, shopping, restaurants, and entertainment venues, ensuring a high-demand rental market.
- Additional Details
- Status: ACT
- Zip Code: 02720
- Parking
- Parking Spaces: 3
- $125,000 415 Katama Rd, Edgartown, MA
- $112,000 31 Lamberts Cove Road Vh434, Tisbury, MA
- $110,000 17 Round Pond Rd Ch240, Chilmark, MA
- $100,000 60 Witchwood Lane Ed317, Edgartown, MA
- $100,000 1 Dalton St 5801/5802, Boston, MA
- $80,000 7 Mill Hill Farms Rd Ed315, Edgartown, MA
- $64,000 385 Barnes Rd Ob534, Oak Bluffs, MA
- $56,800 2 Nonamesset Rd Ed319, Edgartown, MA
- $56,000 337 Barnes Rd, Ob526, Oak Bluffs, MA
- $50,700 6 Trails End Ch241, Chilmark, MA
- $50,000 10 Maxey Pond Road, Nantucket, MA
- $50,000 6 Walbang Ave, Nantucket, MA
- $50,000 44 Main Street, Nantucket, MA
- $50,000 17 Edgartown Bay Rd Ed328, Edgartown, MA
- $50,000 29 Naushon Rd Wt142, West Tisbury, MA
- $48,000 9 Thaxter Lane Ed310, Edgartown, MA
- $46,000 99 Pond Road Wt104, West Tisbury, MA
- $45,000 3 Wauwinet Road, Nantucket, MA
$575,000
- MLS #: 73232025
- Living Area: 4,516 sqft Convert
- Lot Size: 4,726 sqft Convert
- Acres: 0.11
View description
Luxury Residential Group
(617) 233-5800
Receive more info or arrange a tour
When you are ready, please contact us and we will put our unrivaled knowledge of the Boston loft market to work for you.
Please call, email, or send us a message through the web form below. An LRG Real Estate agent will contact you promptly.
Content © 2024 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Jon M. Taylor of J. Vallee Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.