15-17 Fulton Pl

    Mansfield, MA 02048
    • $1,575,000
    • STATUS: Active
    • MLS #: 72555595
    UPDATED: 39 min ago
    $1,575,000
    • 24
      BEDS
    • 0.32
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    • 7,273
      SQFT
    • $217
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Alex Walsh of Access.

    Description

    21 UNITS TOTAL!! TURN KEY Investment! Very Rare Cash Flow Opportunity In Mansfield Center. 3 separate buildings. Main Building is a Licensed Rooming house with 16 total rental rooms. Each floor has 2 common bathrooms. There is common kitchen and coin up laundry. Well managed building with low turn over and several Long term tenants. Huge potential value add on 3rd floor currently used as owners office but has space to potentially expand. A 3 family Building and 2 family are on the same lot with many upgrades and low turnover. Large lot with plenty of off street parking. Buildings have Strong rents with potential for increases. Seller has made several Improvements over the last 10 years making this a true TURN KEY INVESTMENT OPPURTUNITY. Please inquire for rent roll and Income Expense reports.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-11-14T14:08:25.83.
    www.coastalnewenglandproperties.com/homes/98397585

    15-17 Fulton Pl Mansfield, MA 02048

    • Price: $1,575,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 72555595
    24
    Beds
    9
    Baths
    0
    ½ Baths
    0.32
    Acres
    7,273
    SQFT
    $217
    $/SQFT
    1910
    Built
    Neighborhood:
    Other
    County:
    Bristol
    Area:
    Other
    Property Description
    21 UNITS TOTAL!! TURN KEY Investment! Very Rare Cash Flow Opportunity In Mansfield Center. 3 separate buildings. Main Building is a Licensed Rooming house with 16 total rental rooms. Each floor has 2 common bathrooms. There is common kitchen and coin up laundry. Well managed building with low turn over and several Long term tenants. Huge potential value add on 3rd floor currently used as owners office but has space to potentially expand. A 3 family Building and 2 family are on the same lot with many upgrades and low turnover. Large lot with plenty of off street parking. Buildings have Strong rents with potential for increases. Seller has made several Improvements over the last 10 years making this a true TURN KEY INVESTMENT OPPURTUNITY. Please inquire for rent roll and Income Expense reports.
    Exterior Features

    Beachfront No Foundation Fieldstone Garage Spaces 0 Lot Description Paved DriveFenced/Enclosed Parking Features Off-StreetPaved Driveway Parking Spaces 16 Waterfront Flag No

    Interior Features

    Basement Yes Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit4 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 2 Floors Unit4 0 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit4 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit4 0 Levels 3 Levels Unit1 2 Levels Unit2 2 Levels Unit4 0 Rooms 8 Rooms Common Living RoomDining RoomKitchenFamily RoomLaundryOther (See Remarks) Rooms Unit1 4 Rooms Unit2 4 Rooms Unit4 0

    Property Features

    Amenities ShoppingParkLaundromat Apod Available No Assessments 815400.00 Disclosure No Disclosures Majority Of Info Has Been Collected Through Public Sources And Should Be Verified By Buyer Or Buyers Agent. Exclusions Tenants Belongings Expenses Source Owner Provided Expenses Year End 12/18 Gross Operating Income 187780 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 5+ Family - Rooming House Net Operating Income 25200 Rent Unit1 1000 Rent Unit2 1100 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Pulled Of Assessors ReportBuyer Due Diligence And Confirm Sq Ft Source Public Record Tax Year 2017 Taxes 12247.00 Water City/Town Water Year Built Description ActualUnknown/Mixed Year Built Source Public Record Year Round Yes Zoning R3

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Alex Walsh of Access.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-11-14T14:08:25.83.
     
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    Listing courtesy of Alex Walsh of Access.