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131 Chestnut St, North Attleboro, MA

North Attleboro · MA 02760

$3,575,000
Price
32
Beds
16
Baths
13664
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1969
Units: 16 Units
Lot size: 0.8 Acre Lot
Price per square foot: $274 / Sq.Ft
Parking: 40 Off Street Spaces

About this home

131 Chestnut Street consists of two adjacent buildings with (16) 2-Bed/1-Bath units. Majority of the units have been renovated with new kitchens featuring quartz or granite countertops and stainless-steel appliances. The units also have new floors (hardwood, vinyl plank and carpet), updated bathrooms and in-wall AC units. Additionally, the Property features a laundry facility in each building, on-site storage lockers for tenants, and approximately 40 parking spaces. Building A was re-built within the past 10 years. The Property is separately metered for electric heat (baseboard) and hot water, which the tenants pay directly. The Landlord is responsible for common area electric and domestic water and sewer. The majority of the tenants are Tenant at Will and pay below market rents, providing the opportunity to increase rents to market rates immediately. The subject property is ideal for a potential buyer looking for income growth and strong investment returns with significant upside

Neighborhood & Transit

131 Chestnut St, North Attleboro · MA 02760

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
988 days
Listing Price:
$3,750,000
Price per Sq.Ft:
$274
Tax Assessment:
$2,581,700 in 24
Taxes:
$2,483 / Monthly

Home Facts

Interior Features

Bedrooms
32
Full Bathrooms
16
Half Bathrooms
0
Living Area
13,664 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
13664
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
34,848 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
40 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
John Pentore
Listing office
Horvath & Tremblay
MLS PIN #
73203934