$985,000

22 Main St, Marshfield, MA 02050

  • 4 beds |
  • 3 baths |
  • 4,576 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $215/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

NEW PRICE, ONLY $985K! ESTIMATED (CONSERVATIVE) CAP RATE OF 8%!!! WE HAVE MULTIPLE PARTIES INTERESTED IN RENTING RETAIL SPACES. PERFECT 1031 EXCHANGE OR OWNER OCCUPANT OPPORTUNITY. THE BEST INVESTMENT PROPERTY ON THE SOUTH SHORE! Includes approx 2000 sq ft NOT LISTED IN SQUARE FOOTAGE! Two 2 bedroom residential units & 2 retail units. Complete renovation (see attached documents) including: New roof, new windows, 2 totally new kitchens, fresh paint inside/out, 2 new Navien heating systems, the list goes on & on. Solid construction has been updated to EXCEED THE EXPECTATIONS of today’s buyers/investors. Apartments are approximately 850 sq feet each, w/ bonus 800 sq ft walkup 3rd floor. Each retail unit is approx. 940 sq ft, PLUS 900sq ft bonus walkup for offices/storage. Parking for 10-12 cars, No flood insurance required due to the owner's diligence & foresight. Sidewalks to Walgreens (2 mins) & 3 min walk to SOUTH RIVER SCHOOL, .5 miles to Webster Square w/ restaurants & shopping.

Listing Status:
Pending
Listing Office:
The Sobran Group : 617-548-3680
Listing Agent:
Evan Sobran : 617-548-3680
MLS ID:
73319607

This listing courtesy of Evan Sobran, The Sobran Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South River

59 Hatch St, Marshfield, MA, 02050

Grades KG-5

0.11 miles away

F

Furnace Brook Middle School

500 Furnace St, Marshfield, MA, 02050

Grades 6-8

1.32 miles away

M

Marshfield High School

167 Forest St, Marshfield, MA, 02050

Grades 9-12

1.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.