$760,000
$700,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
3,094 SqFt
SOLD DATE : 03/04/2025
Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,094 sqft
Price per Sqft $245
MLS Listing ID 73318581
Sold Date 03/04/25
Bedrooms 5
Full Baths 5
Year Built 1960
Annual Tax Amount $6,239
Tax Year 2024
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type 5-9 Family
Property Description
997 Broadway consists of a two-story building containing five (5), 1-Bedroom/1-Bathroom residential units with 3,094 square feet of living area in 3,374 total gross square feet. Situated on a 0.53-acre parcel of land, the property offers ample off-street parking for residents, onsite laundry, and individual private storage units. 997 Broadway is separately metered for electricity which the tenants pay directly. The Landlord is responsible for common area electric, oil-fired heat, hot water, and domestic water and sewer. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units, common areas, and exterior to drive rental rates.
Location
State MA
County Bristol
Zoning BD
Direction Please use GPS
Rooms
Basement Partial
Interior
Interior Features Storage
Heating Baseboard, Oil
Appliance Washer, Dryer
Exterior
Community Features Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
Roof Type Shingle
Total Parking Spaces 9
Garage No
Building
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Samuel Horton • Boston Connect Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "