43 Baptist ST new

Swansea,MA 02777

$ 1270000

- Bed

0 Bath

4557 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,557 sqft

Price per Sqft $278

MLS Listing ID 1393414

Year Built 1880

Annual Tax Amount $6,903

Tax Year 2025

Lot Size 6.600 Acres

Property Sub-Type Commercial

Property Description

Turnkey 5 Unit apartment on a dead end country setting just one minute from interstate I195 and route 6 Seekonk. Prime investment location close to highway access, Bristol and Warren, and all major local cities. The property is made up of 2 buildings, a 4 unit building and the other is a single family home. Situated on 6 acres of land, lots of common area lawn space, plenty of assigned off street parking, and acres of wooded tree space. Excellent mix of 3 1bd 1 bath units and 2 2 bed 1 bath units. All mechanicals are newer and in perfect working condition. The 4 unit building has vinyl siding, new roof, full basement with washer and dryer connections for the tenants along with storage areas. The Single family home features new paint inside and out, new roof, and new flooring. Tenants pay their electric, heat and hot water. Tenancy is always 100% with most tenants remaining for several years. Current rents are well below market value leaving room for the new owner to capitalize on immediate upside gains. The 4 unit has a central fire alarm system, hardwired throughout, with a monitoring system in place up to current codes. This is a very rare opportunity to acquire this many units in a great area requiring no repairs and with a strong rental history.

Location

State MA

County Bristolma

Interior

Heating Baseboard,Hot Water

Cooling None

Inclusions Includes all ovens and refrigerators in all units.

Laundry Common Area

Exterior

Community Features Golf,Highway Access,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping

Utilities Available Cable Available,Electricity Available,Natural Gas Not Available,Phone Available

Building

Lot Description Wooded

Story 3

Foundation Brick/Mortar,Combination,Concrete Perimeter,Stone

Sewer Septic Tank

Water Connected,Public

Structure Type Frame

New Construction No

Others

Acceptable Financing 1031 Exchange,Trade

Listing Terms 1031 Exchange,Trade

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