Price Improvement, motivated seller. Great Investment opportunity!! Long term tenants. All units have 2 br/ 1 Bath and most have been updated and all have lead certificates. The (main) roof was replaced 2 years ago and the smaller roof (rubber) was replaced 4 years ago. Vinyl replacement windows throughout and vinyl siding is in good condition. There is one vacant unit kept open to show and that unit just went through a recent renovation after long term (12 year) tenant moved out. All utilities are separate and paid by the tenants. Commercial smoke detection system installed in the common areas and up to date on annual inspection! Book your showing today, with a cap rate of just under 10% this investment is sure to go quick!!
Off market
$577,400
399-401 Main St, Indian Orchard, MA 01151
14beds
4,200sqft
MultiFamily
Built in 1907
-- sqft lot
$577,400 Zestimate®
$137/sqft
$2,000 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 6
Interior area
- Total interior livable area: 4,200 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off-street
Features
- Exterior features: Brick
Lot
- Size: 5,227 sqft
Details
- Parcel number: S:08132 P:0193,2593645
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1907
Community & neighborhood
Location
- Region: Indian Orchard
Other
Other facts
- Basement Feature: Full, Bulkhead
- Construction: Frame
- Electric Feature: 220 Volts, Circuit Breakers, 100 Amps, Individually Metered
- Hot Water: Natural Gas
- Road Type: Public
- Roof Material: Asphalt/Fiberglass Shingles, Rubber
- Energy Features: Insulated Windows
- Apod Available: Yes
- Lot Description: Level, Shared Drive
- Foundation: Concrete Block
- Exterior Features: Porch - Enclosed
- Flooring: Varies Per Unit
- Utility Connections: Varies Per Unit
- Mf Type: 5-9 Family
- Exterior: Brick
Services availability

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$577,400
2% more+ $11,548
With Zillow Showcase(estimated)
$588,948