Price Reduced 23.35%
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
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Listing courtesy of Evan Sobran, The Sobran Group