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6 New Ocean Street Swampscott, MA 01907
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Key Details
Sold Price $1,345,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 5,135 sqft
Price per Sqft $261
MLS Listing ID 72404524
Sold Date 11/30/18
Bedrooms 9
Full Baths 9
Year Built 1910
Annual Tax Amount $15,000
Tax Year 2017
Lot Size 7,405 Sqft
Acres 0.17
Property Description
THURSDAY 10/11 OPEN HOUSE CANCELED! Once in a life time investment opportunity in Swampscott 2 blocks from the beach. 9, 1 bed units with 11 parking spots, coin op washer dryer in basement. Current owner has done an excellent job maintaining the property. Complete kitchen renovations in units 3 and 7.Updated bathrooms in units 1 and 2. NEW refrigerator in unit 4, coin op washer dryer and both water tanks replaced as well as 17 windows in various units. New roof (flat rubber roof not changed out). Room for growth in rent rolls. Currently a 6.55% CAP NOI is $91,00.00. Perfect for a new or seasoned investor.
Location
State MA
County Essex
Zoning A3
Direction Use GPS
Rooms
Basement Full, Concrete
Interior
Interior Features Other (See Remarks)
Laundry Laundry Room
Exterior
Community Features Public Transportation
Waterfront Description Waterfront, Beach Front, Ocean, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Roof Type Rubber
Total Parking Spaces 11
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Read Less
Bought with Kirby Taylor Team • Proper Realty Group
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