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Expired

775 Main St, Dennis MA 02670

$1,500,000

Estimated $2,932.66/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $1,500,000

Total Rent: 0/year

Estimated CAP Rate: -0.40%

0 Bedrooms

Baths

Total Parking: 24

60,113 SqFt

Currently This building is a 13 Unit office building. The town of Dennis Unanimously approved the building to be converted to a 24 unit apartment building. The unanimous decision is under appeal. Should be settled by 5/1/23, so closing would wait until then. It would then have 22 one bedroom units, 2 two bedroom units and 24 storage units in the basement. 6 of these units are deed restricted affordable. In the process of obtaining building and septic permits. When completed it should bring in revenue of $40,000 + per month. See Attached Documents for Building Plans and Septic Design.

This home has been viewed 80 times

Last Checked: May 6th, 2024 at 11:56pm (Source: MLS PIN #73027491)

Gross Income: $0

Gross Expenses: $6,005

Net Income Calc: $6,005

CAP Rate: -0.40%

Annual Expenses for 775 Main St, Dennis MA 02670

Total Gross Expenses (Calculated)$6,005/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,005

Annual Income & Unit Breakdown for 775 Main St, Dennis MA 02670

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 775 Main St, Dennis MA 02670

Listing ID73027491

Property TypeMulti Family / 5+ Family

Price$1,500,000

Style

CityDennis

CountyBarnstable

MLS Area

Neighborhood(s)

Approximate Living Area Total

Approximate Lot Size (Acres)1.38 acres

Total Parking24

Garage Parking

Year Built1984

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningMulti Use

Zoning DetailsOther (See Remarks)

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 775 Main St, Dennis MA 02670

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 775 Main St, Dennis MA 02670

Real Estate Taxes$6,005

Tax Year2022

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.40%

Location Information for 775 Main St, Dennis MA 02670

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 775 Main St, Dennis MA 02670

Agent

Name: Ronald Bourgeois

Office

Name: Bass River Properties

Phone: 508-394-4446

Payment Calculator

, Interest

Property Taxes 500.42

Principal & Interest 9242.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Bass River Properties

Ronald Bourgeois

Agent Phone

Office Phone

(508) 394-4446

Text Agent Call Agent Call Office

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EXIT