997 Broadway Active

Raynham,MA 02767

$ 700000

5 Beds

5 Baths

3094 SqFt


Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,094 sqft

Price per Sqft $226

MLS Listing ID 73318581

Bedrooms 5

Full Baths 5

Year Built 1960

Annual Tax Amount $6,239

Tax Year 2024

Lot Size 0.520 Acres

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

Interior

Heating Baseboard,Oil

Exterior

Community Features Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Public School

Roof Type Shingle

Building

Story 6

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

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