Price Reduced 23.35%

$985,000 ($215.25 per sqft)

Pending

Est. Mortgage $4,788/mo *

Quick Pre-Approval

22 Main St, Marshfield, MA, 02050

22 Main St, Marshfield, MA, 02050

12 rooms

4 beds

2 Full / 1 Half baths

1900

4,576 sqft

NEW PRICE, ONLY $985K! ESTIMATED (CONSERVATIVE) CAP RATE OF 8%!!! WE HAVE MULTIPLE PARTIES INTERESTED IN RENTING RETAIL SPACES. PERFECT 1031 EXCHANGE OR OWNER OCCUPANT OPPORTUNITY. THE BEST INVESTMENT PROPERTY ON THE SOUTH SHORE! Includes approx 2000 sq ft NOT LISTED IN SQUARE FOOTAGE! Two 2 bedroom residential units & 2 retail units. Complete renovation (see attached documents) including: New roof, new windows, 2 totally new kitchens, fresh paint inside/out, 2 new Navien heating systems, the list goes on & on. Solid construction has been updated to EXCEED THE EXPECTATIONS of today’s buyers/investors. Apartments are approximately 850 sq feet each, w/ bonus 800 sq ft walkup 3rd floor. Each retail unit is approx. 940 sq ft, PLUS 900sq ft bonus walkup for offices/storage. Parking for 10-12 cars, No flood insurance required due to the owner's diligence & foresight. Sidewalks to Walgreens (2 mins) & 3 min walk to SOUTH RIVER SCHOOL, .5 miles to Webster Square w/ restaurants & shopping.


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

4

Zoning:

B-2

Basement:

Full, Partial, Walk-Out Access

Levels:

3

Parking:

12-car, Off Street

Acreage:

0.43

Est. Taxes:

$8,098

Assessment

$779,400

Construction

Frame, Stone

Utilities

for Electric Range, for Electric Dryer, Washer Hookup

Lot Description:

Wooded

Amenities:

Public Transportation, Shopping, Park, Bike Path, Conservation Area, House of Worship, Public School

Waterfront:

Yes

Elementary School:

South River

Middle School:

Marshfield Jrhs

High School:

Marshfield High

Appliances:

Range, Microwave, Refrigerator, Washer, Dryer

MLS #:

73319607

Facilitator Compensation:

1%

Compensation Based On:

Gross/Full Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Evan Sobran, The Sobran Group