$1,150,000
$875,000
31.4%For more information regarding the value of a property, please contact us for a free consultation.
192 Main Street Medway, MA 02053
12 Beds
6.5 Baths
7,061 SqFt
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,061 sqft
Price per Sqft $162
MLS Listing ID 73197872
Sold Date 03/26/24
Bedrooms 12
Full Baths 6
Half Baths 1
Year Built 1825
Annual Tax Amount $11,011
Tax Year 2023
Lot Size 0.970 Acres
Acres 0.97
Property Description
Great investment opportunity with this hard-to-find six-unit residential property nestled in the heart of Medway. Each unit sits vacant, presenting the new owner with an opportunity to unlock its full potential and attain market-level rents. Cosmetic enhancements to select units promise a swift turnaround and immediate income generation. With separate utilities for each unit, along with four units equipped with natural gas heating and hot water and one unit featuring a recently installed heat pump. Some replacement windows, town water and sewer. Situated on a generous-sized lot with a detached two-car garage with a separate electric meter and ample off-street parking to service the tenants, The property is being sold "As is," but will be well worth the effort once the cash rolls in.
Location
State MA
County Norfolk
Zoning ARII
Direction Main Street is Route 109
Rooms
Basement Full, Unfinished
Interior
Interior Features Living Room, Kitchen, Laundry Room, Family Room, Dining Room
Heating Natural Gas, Forced Air, Heat Pump
Flooring Wood, Tile, Vinyl, Carpet
Appliance Range
Exterior
Garage Spaces 2.0
Community Features Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area
Utilities Available for Gas Range, for Electric Range
Waterfront false
Roof Type Shingle
Parking Type Paved Drive, Off Street
Total Parking Spaces 12
Garage Yes
Building
Lot Description Corner Lot
Story 7
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Sam Takla • Coldwell Banker Realty - Framingham