This rare 3-unit building located in a prime location just a short stroll away from Bridgewater State University and downtown. The 1st floor unit underwent a complete remodel in 2021 and features 4 spacious bedrooms, a large kitchen with white cabinets, and a modern full bath. Its appliances, including a microwave and dishwasher, are approximately 6 years old. The 2nd floor also offers 4 bedrooms and a kitchen & bathroom that were updated in 2011. Meanwhile, the third floor, also renovated in 2011, features a cozy 1 bedroom with an eat-in kitchen and an oversized living room. All units are equipped with two egresses and are separately metered for gas and electric. The basement hosts a convenient coin-operated washer and dryer, while off-street parking in the rear of the building is ample. In addition, the windows and roof were updated in 2011. All units are currently rented until September 2023 and are below market rent presenting a unique opportunity to maximize future income streams.
This home has been viewed 51 times
Last Checked: May 7th, 2024 at 9:06am (Source: MLS PIN #73106387)
Gross Income: $71,400
Gross Expenses: $6,235
Net Income Calc: $65,165
Water Views
Annual Expenses for 47 Hale St, Bridgewater MA 02324
Total Gross Expenses (Calculated)$6,235/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6235
Annual Income & Unit Breakdown for 47 Hale St, Bridgewater MA 02324
Total Gross Income (Calculated)$71,400
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 47 Hale St, Bridgewater MA 02324
Listing ID73106387
Property TypeMulti Family / 3 Family
Price899000 ($319.7/SqFt)
Style3 Family
CityBridgewater
CountyPlymouth
Neighborhood(s)
Approximate Living Area Total2812
Approximate Lot Size (Acres)0.24
Total Parking10
Garage Parking0
Year Built1882
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRES
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 47 Hale St, Bridgewater MA 02324
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
Exclusions.
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
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 47 Hale St, Bridgewater MA 02324
Real Estate Taxes6235
Tax Year2023
Assessed Value$485,600
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 47 Hale St, Bridgewater MA 02324
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 47 Hale St, Bridgewater MA 02324