OUTSTANDING OPPORTUNITY.! This is the Former Dr. Faxon Residence and Carriage House (circa 1895) plus a single-family dwelling (formerly Dr. Woodwards Office, built by the one and only Almon Fredericks, circa 1960) Formerly owned by the late/great Attorney George S. Sarados. The property consists of 3 separate, adjacent parcels described below as: UNIT 1 - A 5 room, 2 bedroom, 1 bath, Cape Style home with full basement; (GLA 1037 sf. LOT 5010 sf. RE TAX $5026.40). UNIT 2 - A 31+/- room, 14+/- bedroom, 9 bathroom Multifamily (8 Apts.) with full basement;(GLA 4930 sf. LOT 15,173 sf. RE TAX $13164.20). UNIT 3 - A 2 story barn with full basement (2400 sf. LOT 4465 sf. RE TAX $2725.92). All parcels are well located in a Potential Mixed Use Business District (previously CBD & GB now Transitional) opposite FAXON VETERANS MEMORIAL PARK. The possibility exists to sell properties separately. Most tenants are TAW. A RARE FIND. PRE-QUALIFIED BUYERS WITH PROOF OF FUNDS REQUIRED PRIOR TO VIEWINGS
This home has been viewed 47 times
Last Checked: November 14th, 2024 at 5:19am (Source: MLS PIN #73307371)
Gross Income: $0
Gross Expenses: $20,916
Net Income Calc: $20,916
CAP Rate: -0.84%
Annual Expenses for 15-23-31 Walnut Ave, Stoughton MA 02072
Total Gross Expenses (Calculated)$20,916/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$20,916.52
Annual Income & Unit Breakdown for 15-23-31 Walnut Ave, Stoughton MA 02072
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor1
Levels in Unit2
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor1
Levels in Unit3
HeatingNo
Rent IncludesNo
Unit 3
Rental Income$0
LeaseN
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesNo
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesNo
General Information for 15-23-31 Walnut Ave, Stoughton MA 02072
Listing ID73307371
Property TypeMulti Family / 5+ Family
Price$2,500,000 ($418.97/SqFt)
Style5-9 Family
CityStoughton
CountyNorfolk
MLS Area
Neighborhood(s)
Approximate Living Area Total5,967 SqFt
Approximate Lot Size (Acres)0.57 acres
Total Parking12 (2 Garage)
Garage Parking2 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate,Unknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesNo
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningG.B. & CBD
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 15-23-31 Walnut Ave, Stoughton MA 02072
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$48,457
Total Gross Income By Broker$165,000
Total Net Income By Broker$116,543
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 15-23-31 Walnut Ave, Stoughton MA 02072
Real Estate Taxes$20,916.52
Tax Year2024
Assessed Value$1,583,800
Financial Data SourceNo
Total Gross Expenses By Broker$48,457
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$165,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$116,543
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.84%
Location Information for 15-23-31 Walnut Ave, Stoughton MA 02072
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Tennis Court(s), Stable(s), Sidewalks
Contact Information for 15-23-31 Walnut Ave, Stoughton MA 02072