OPPORTUNITY KNOCKS! This charming 2 family is perfect for an investor. Each unit features separate entrances, paved driveway for multiple cars, laundry in each unit, shared basement and shed. The first floor has 5 rooms, 2 bedrooms, full bath and large deck, tin ceiling in one of the bedrooms, and skylights in the vaulted kitchen. The second floor has 3 rooms, 1 bedroom, full bath, vaulted ceiling, large kitchen with plenty of cabinet space and small deck. Water heater updated for 1st floor in 2007 and 2nd floor in 2011. Separate meters for electric, gas and heat. 2nd floor unit renovated in 2022. Both units are currently rented and require 24 hours advance notice for showings. Showings start at the Open Houses Friday 4/28 and Saturday 4/29 from 5:30-7:00pm.
This home has been viewed 23 times
Last Checked: May 7th, 2024 at 9:06am (Source: MLS PIN #73102950)
Gross Income: $33,900
Gross Expenses: $5,064
Net Income Calc: $28,836
CAP Rate: 5.77%
Annual Expenses for 38 Pleasant St, Plainville MA 02762
Total Gross Expenses (Calculated)$5,064/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,064
Annual Income & Unit Breakdown for 38 Pleasant St, Plainville MA 02762
Total Gross Income (Calculated)$33,900
Unit 1
Rental Income$1,450
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water
Unit 2
Rental Income$1,375
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water
General Information for 38 Pleasant St, Plainville MA 02762
Listing ID73102950
Property TypeMulti Family / 2 Family
Price$499,900 ($333.71/SqFt)
Style2 Family - 2 Units Up/down
CityPlainville
CountyNorfolk
MLS Area
Neighborhood(s)
Approximate Living Area Total1,498 SqFt
Approximate Lot Size (Acres)0.44 acres
Total Parking5
Garage Parking
Year Built1880
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCleared
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 38 Pleasant St, Plainville MA 02762
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$33,525
Total Net Income By Broker$33,900
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 38 Pleasant St, Plainville MA 02762
Real Estate Taxes$5,064
Tax Year2023
Assessed Value$402,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$33,525
BostonRealEstate.com Gross Income
Total Net Income By Broker$33,900
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.77%
Location Information for 38 Pleasant St, Plainville MA 02762
Elementary School
Middle SchoolKing Phillip
High SchoolKing Phillip
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Park, Public Transportation, T-station
Contact Information for 38 Pleasant St, Plainville MA 02762