Property Attributes
- MLS#73142548
- TypeMulti-Family
- CountyBRISTOL
- CityRehoboth
- Zip02769
- Style5+ Family - 5+ Units Side by Side
- Year Built1982
- Taxes$ 11436
- Price$ 1,295,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage13215
- Lot Size3.75 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
CALLING ALL INVESTORS AND BUSINESS OWNERS! Looking for a property where you can live, operate a business, and generate income all in one? Here it is! 160-164 Winthrop is two parcels sold together. Located close to the center of town and right on Route 44, this property gets plenty of exposure. There are 5 apartment units that are fully occupied by Tenants At Will. In addition to these living spaces, there are three other buildings that generate income as well. Next to the main housing area is a barn-like structure used for storage with high ceilings.There is also a two bay garage. To top it off, there is a two story and deep storefront for you to launch your newest business venture while generating income. Property is in good condition but will require some TLC in order to bring it back to its full potential.
Price History | |
---|---|
7/31/2023 | Listed $1,300,000 |
11/8/2023 | 1% - $1,295,000 |
General Features
Interior Features | Mudroom,Living Room,Kitchen,Living RM/Dining RM Combo |
---|---|
Sewer | Other |
Roof | Shingle |
Zoning | Mixed Use |
Garage Spaces | 2 |
Construction Materials | Frame,Brick |
Year Built | 1982 |
Property SubType | 5+ Family - 5+ Units Side by Side |
Tax Year | 2023 |
Gross Income | 100000 |
Community Features | Shopping,Stable(s),Golf,Highway Access,Public School |
County | Bristol |
Net Operating Income | 60540 |
Property Type | Residential Income |
Garage Y/N | Yes |
Total Rooms | 22 |
Status | Active |
Directions | Right on Rt. 44. Easy access to RT 495,195,and 24. |
City | Rehoboth |
Disclosures | Buyer to do your own diligence. |
Senior Community Y/N | No |
Total Units | 5 |
Lot Size Square Feet | 163350 |
Waterfront Y/N | No |
Street Name | Winthrop St |
Year Built Details | Approximate,Renovated Since |
Tax Annual Amount | 11436 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Year Built Source | Public Records |
Tax Assessed Value | 987600 |
Total Actual Rent | 4000 |
Compensation Based On | Net Sale Price |
Sub-Agency Relationship Offered | No |
Interior Features
Basement | Full,Walk-Out Access,Concrete |
---|---|
Flooring | Laminate |
Total Fireplaces | 2 |
Total Stories | 9 |
Fireplace Y/N | Yes |
Exterior Features
Parking Features | Paved Drive,Shared Driveway,Stone/Gravel,Paved |
---|---|
Lot Features | Corner Lot,Wooded,Gentle Sloping,Level |
Water Source | Shared Well |
Total Parking | 20 |
Lot Size Area | 3.75 |
Foundation Details | Concrete Perimeter |
Spa | No |
Building Area Total | 13215 |
Lot Size Acres | 3.75 |
Road Surface Type | Paved |
Lot Size Units | Acres |
Covered Spaces | 2 |
Road Frontage Type | Public |
Road Responsibility | Public Maintained Road |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool