Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

47 Hale St, Bridgewater MA 02324

$899,000

Estimated $1,977.30/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $299,666.67

Total Rent: 71400/year

Estimated CAP Rate: 7.25%

9 Bedrooms

3 Full Baths

2,812 SqFt

Total Parking: 10

10,345 SqFt

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 39 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

CAP Rate: 7.25%

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 Tax$6,235

Annual Income & Unit Breakdown for 47 Hale St, Bridgewater MA 02324

Total Gross Income (Calculated)$71,400

Unit 1

Rental Income$2,650

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$2,400

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$900

Lease

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 47 Hale St, Bridgewater MA 02324

Listing ID73106387

Property TypeMulti Family / 3 Family

Price$899,000 ($319.7/SqFt)

Style3 Family

CityBridgewater

CountyPlymouth

MLS Area

Neighborhood(s)

Approximate Living Area Total2,812 SqFt

Approximate Lot Size (Acres)0.24 acres

Total Parking10

Garage Parking

Year Built1882

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRES

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 47 Hale St, Bridgewater MA 02324

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosurefloor plan

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$71,400

Total Net Income By Broker$71,400

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 47 Hale St, Bridgewater MA 02324

Real Estate Taxes$6,235

Tax Year2023

Assessed Value$485,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$71,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$71,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.25%

Location Information for 47 Hale St, Bridgewater MA 02324

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Laundromat, Public Transportation

Contact Information for 47 Hale St, Bridgewater MA 02324

Agent

Name: Mark Anderson

Office

Name: Redfin Corp.

Phone: 617-340-7803

Payment Calculator

, Interest

Property Taxes 519.58

Principal & Interest 5539.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Redfin Corp.

Mark Anderson

Agent Phone

Office Phone

(617) 340-7803

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.24 acres (10,345 SqFt)
    [add_date] => 2024-05-07 09:06:02
    [address] => Hale St
    [agent] => Array
        (
            [address] => 16 Pioneer Trail
            [city] => Plymouth
            [id] => CN231873
            [name] => Mark Anderson
            [national_association] => 449596146
            [office] => NB3534
            [state] => MA
            [zip] => 02360
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2,812 SqFt
    [approx_lot_size_acres] => 0.24 acres
    [approx_lot_size_sqft] => 10,345 SqFt
    [assessed_value] => $485,600
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 3 Full
    [bedrooms] => 9
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Other
        )

[building_management] => Array
        (
        )

[building_debug] => 47 Hale St Bridgewater
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Multi Family
    [cap_rate] => 7.25%
    [city] => Bridgewater
    [community_features] => Array
        (
            [0] => Shopping
            [1] => Laundromat
            [2] => Public Transportation
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Plymouth
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 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.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Stone
        )

[frontage_length] => 
    [full_baths] => 3
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $71,400
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => Yes
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 346064
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 09:06:02
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 2,812 Sq. Ft.
    [living_area_disclosure] => Array
        (
            [0] => floor plan
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73106387
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 65165
    [net_operating_income] => Array
        (
            [0] => $71,400
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => NB3534
            [name] => Redfin Corp.
            [phone] => 617-340-7803
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 508-927-2374
    [pool_features] => Array
        (
        )

[price] => $899,000
    [price_per_sqft] => 319.7
    [price_per_unit] => 299666.66666667
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 3 Family
        )

[real_estate_tax] => $6,235
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 15
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => 47
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 6235
    [total_gross_income] => 71400
    [total_parking] => 10
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 4
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 2650
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 4
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 2400
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 1
    [unit_3_floor] => 3
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 900
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 47 Hale St, Bridgewater MA 02324
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1882
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02324
    [zoning] => RES
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 7755284
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/346064/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:02
                    [modified] => 2024-05-07 09:06:02
                )

[1] => Array
                (
                    [id] => 7755921
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[2] => Array
                (
                    [id] => 7755922
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[3] => Array
                (
                    [id] => 7755923
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[4] => Array
                (
                    [id] => 7755924
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[5] => Array
                (
                    [id] => 7755925
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[6] => Array
                (
                    [id] => 7755926
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[7] => Array
                (
                    [id] => 7755927
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[8] => Array
                (
                    [id] => 7755928
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[9] => Array
                (
                    [id] => 7755929
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[10] => Array
                (
                    [id] => 7755930
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[11] => Array
                (
                    [id] => 7755931
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[12] => Array
                (
                    [id] => 7755932
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[13] => Array
                (
                    [id] => 7755933
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

[14] => Array
                (
                    [id] => 7755934
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73106387&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:05
                    [modified] => 2024-05-07 09:06:05
                )

)

)

EXIT

Expired

47 Hale St, Bridgewater MA 02324

$899,000

Annual Expenses for 47 Hale St, Bridgewater MA 02324

Annual Income & Unit Breakdown for 47 Hale St, Bridgewater MA 02324

General Information for 47 Hale St, Bridgewater MA 02324

Disclosures for 47 Hale St, Bridgewater MA 02324

Financial Information for 47 Hale St, Bridgewater MA 02324

Location Information for 47 Hale St, Bridgewater MA 02324

Contact Information for 47 Hale St, Bridgewater MA 02324

Agent

Office

Payment Calculator

Exclusive Listing Agent

Redfin Corp.

Mark Anderson