$1,500,000
$1,695,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
101 Norton Ave Easton, MA 02375
8 Beds
7.5 Baths
6,184 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,184 sqft
Price per Sqft $242
MLS Listing ID 72821003
Sold Date 09/14/21
Bedrooms 8
Full Baths 7
Half Baths 1
Year Built 1940
Annual Tax Amount $16,488
Tax Year 2021
Lot Size 16.180 Acres
Acres 16.18
Property Sub-Type 5-9 Family
Property Description
GREAT INVESTMENT OPPORTUNITY IN EASTON/MARKET VALUE RENTS APPROX. $144,000/YEAR (with rentals in demand/low inventory/rents on the rise). Magnificent 6 unit multi-family with approximately 6200 square ft of living space plus 2 additional parcels totaling approximately 16 acres of land. Willow Farm has been renovated between 2016-2020. Based on comps in the area, the current market value for these rentals is in the vicinity of $144,000 per year and $12,000 per month All units have separate heat and electric, washer/dryers in all units, assigned parking spots, some units have private patios, 3 of the units are 2 levels. Beautiful views/country setting yet 5 minutes to 495 and 10 minutes to the Mansfield commuter rail. Possibility to add onto one of the buildings that has a 7 bedroom new septic system servicing 4 bedrooms or adding a detached house to the abutting lot (see example attached), buyers to do their own due diligence. TITLE 5 APPROVED SEPTIC SYSTEM
Location
State MA
County Bristol
Zoning res
Direction Rte. 106 to Old Foundry bear right onto Norton Ave. Property is on the right
Interior
Interior Features Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Office/Den), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Heating Unit 1(Oil), Unit 2(Oil), Unit 3(Propane), Unit 4(Propane)
Appliance Unit 1(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 4(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer)
Exterior
Community Features Park, Walk/Jog Trails, Stable(s), Golf, Conservation Area, T-Station, University
Roof Type Shingle
Total Parking Spaces 12
Garage No
Building
Lot Description Wooded
Story 5
Foundation Concrete Perimeter, Stone
Sewer Private Sewer
Water Public
Read Less
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Bought with Chris L. Gibson • Gibson Associates Realty, LLC