7.87% CAP RATE!! Situated near downtown Bridgewater, this expansive 3,852+/- sf multifamily property offers a compelling investment. Comprising two 4-bed units and one 3-bed unit - this is a great income-generating property. 127 Main St. provides tenants with easy access to shopping, dining, and local amenities. 0.5 miles from Bridgewater State University, makes it an attractive residence for students and faculty. 1 mile from the Bridgewater MBTA station, facilitating seamless travel to Boston. Current rents are slightly below market value, presenting an opportunity to enhance income streams. 2 spacious attics offer the potential to add an additional unit or expand existing ones - subject to local zoning regulations. Roof was replaced approximately 3 years ago, front porch was replaced last year - reducing immediate capital expenditure.Provides plenty of off-street parking.127 Main Street stands out as a promising addition to any investment portfolio.
3,852 Sq Ft
0.34 Private Acres Exterior Space
Investment
$8,927 Annual Tax
Built in 1880
MLS/Listing ID 73367062
4 Stories
3 Units
Parking - Paved
Stone
Lot - Gentle Sloping
Listing Courtesy of COLDWELL BANKER REALTY - BOSTON, THE DYLAN COSTELLO TEAM - 617-642-2061
Source of Data: MLS PROPERTY INFORMATION NETWORK