***APPROVED FOR 16 APARTMENTS (MARKET RATE) ON 2ND FLOOR!! Welcome to "DIGHTON CENTRE" strip mall...The details of this beautifully remodeled, and meticulously maintained property becomes evident immediately upon entering the parking lot. 1st floor consists of 10 units. 9 of the 10 units are occupied (only vacant unit is owners unit). Long term tenants. Additional income from billboard. The septic system has a design flow of 4,150 GPD. A "Special Permit" to construct 16 apartments on the 2nd floor has been granted by the Dighton Planning Board. Nice elevator leads to 2nd floor lobby. This property could easily achieve a 10%, or more, cap rate with build out of 2nd floor for apartments or commercial space. 2nd floor lobby and hallway leading to 6 apartments or 6-12 commercial units recently completed. The right side of the 2nd floor can be framed out for apartments or commercial space using the modular wall units included with sale. Or leave it wide open for a larger commercial entity
This home has been viewed 57 times
Last Checked: June 18th, 2024 at 4:18am (Source: MLS PIN #73229582)
Gross Income: $0
Gross Expenses: $25,161
Net Income Calc: $25,161
CAP Rate: -0.87%
Annual Expenses for 1901 County St, Dighton MA 02715
Total Gross Expenses (Calculated)$25,161/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$25,161
Annual Income & Unit Breakdown for 1901 County St, Dighton MA 02715
Total Gross Income (Calculated)$0
General Information for 1901 County St, Dighton MA 02715
Listing ID73229582
Property TypeMulti Family
Price$2,900,000 ($130.1/SqFt)
Style5+ Family - Rooming House
CityDighton
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total22,291 SqFt
Approximate Lot Size (Acres)1.86 acres
Total Parking0
Garage Parking
Year Built1983
Year Built SourceOwner
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter,Slab
Accessible Features
Outdoor Space
ZoningC
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1901 County St, Dighton MA 02715
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$159,480
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 1901 County St, Dighton MA 02715
Real Estate Taxes$25,161
Tax Year2024
Assessed Value$946,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$159,480
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.87%
Location Information for 1901 County St, Dighton MA 02715
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 1901 County St, Dighton MA 02715