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99-101 Porter Street, Stoughton, MA

Stoughton · MA 02072

$1,495,000
Price
22
Beds
8
Baths
4680
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1930
Units: 22 Units
Lot size: 6,621 Sq.Ft Lot
Price per square foot: $334 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

INVESTORS TAKE NOTICE! Serious cash flow on this extremely profitable, high income producing, 22-unit rooming house. Big income and a very high occupancy rate due to good management and an exceptional location in a residential neighborhood only 1 block from Stoughton Center. Tenants have Immediate proximity to commuter rail, bus lines, shopping, banking and many more amenities. Rental mix is 2 apartments, 3 studios, and 17 single rooms. Highly competent, on site, professional property & maintenance manager make this an investors dream! Over the years, owner has made many improvements, streamlined operations & expenses, mastered the leasing and cash flow aspects of this investment, pushed rents, and developed a very profitable, high cash flowing investment. This is the quintessential cash cow! Qualified buyers only please! Owner is retiring.

Neighborhood & Transit

99-101 Porter Street, Stoughton · MA 02072

Nearby transit

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

  • Stoughton Commuter Rail 1 route 0.20 mi
    • Providence/Stoughton Line

Price Insight

Days on Market:
2077 days
Listing Price:
$1,565,000
Price per Sq.Ft:
$334
Tax Assessment:
$770,400 in 2020
Taxes:
$956 / Monthly

Home Facts

Interior Features

Bedrooms
22
Full Bathrooms
8
Half Bathrooms
0
Living Area
4,680 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 200 Amps

Exterior Features

Lot Size
6,621 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Michael Trabulsie
Listing office
Michael S. Trabulsie
MLS PIN #
72757347