RE/MAX Executive Realty

173-175 South St, Plainville, MA 02762


Sale Price

Type of Comm.
Lot Size
Commercial Portfolio sale - Consisting of 2 properties on one deeded lot situated on .53 acres of land within the shopping district on Route 1A in Plainville. High visibility location and a great for owner occupy or investor opportunity. Property #1: (Multi-family) approx. 2100 s/f. Property #2: (commercial building) approx. 1865 s/f, Both properties are fully leased/occupied. The commercial building was built in 2005 and is a Class A property, and is in excellent condition. The multi-family needs some cosmetic updates, however is structurally sound and older home with nice architectural features. This portfolio is 2.5 miles from the Wrentham Premium Outlets. Owner will entertain seller financing....
Lot Size: 23,077.00
Acres: 0.53
Sale Price: $643,800
Settled Date: 12/28/2017 12:00:00 AM
List Price: $675,000
Type: Commercial
Type of Comm.: Commercial
Status: Sold
Restrooms: 4
Stories: 1
Buildings: 2
Year Built: 2005
MLS#: 72178059
Acres: 0.53
Lot Size: 23,077.00
Parking Spaces: 10
Site Condition: Dry, Level
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $340,200
Assessed Land Value: $249,200
Exchange: No
Gross Annual Expenses: $16,677
Gross Annual Income: $53,400
Taxes: $10,344
Tax Year: 2017
Net Operating Income: $36,723
Book/Page: 14915/512
Sublet: No
Total Assesed Value: $589,400
Zone Description: Legal Conforming
Office Sq. Ft.: 1,865
Office Units: 2
Residential Sq. Ft.: 2,100
Residential Units: 2
Disclosure Declaration: No
For Lease: No
Space Available: For Sale
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The listing office is Ledge & Young Real Estate and the listing agent is Mo Santangelo. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/11/2018 10:35:00 PM.
Mo Santangelo
Mo Santangelo
Ledge & Young Real Estate