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 99 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
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 Tax6005
Annual Income & Unit Breakdown for 775 Main St, Dennis MA 02670
Total Gross Income (Calculated)$0
General Information for 775 Main St, Dennis MA 02670
Listing ID73027491
Property TypeMulti Family / 5+ Family
Price1500000
Style
CityDennis
CountyBarnstable
Neighborhood(s)
Approximate Living Area Total0
Approximate Lot Size (Acres)1.38
Total Parking24
Year Built1984
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningMulti Use
Zoning DetailsOther (See Remarks)
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Water Views Features
Waterfront Features
Terms
Disclosures for 775 Main St, Dennis MA 02670
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation0
Compensation Based On
Financial Information for 775 Main St, Dennis MA 02670
Real Estate Taxes6005
Tax Year2022
Assessed Value$0
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 775 Main St, Dennis MA 02670
Neighborhood(s)
Area Amenities
Contact Information for 775 Main St, Dennis MA 02670