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99-101 Porter Street Stoughton, MA 02072
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Key Details
Sold Price $1,495,000
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Sold
Purchase Type For Sale
Square Footage 4,680 sqft
Price per Sqft $319
MLS Listing ID 72757347
Bedrooms 22
Full Baths 8
Year Built 1930
Annual Tax Amount $11,471
Tax Year 2020
Lot Size 6,534 Sqft
Property Sub-Type 5+ Family - Rooming House
Property Description
INVESTORS TAKE NOTICE! Serious cash flow on this extremely profitable, high income producing, 22-unit rooming house. Big income and a very high occupancy rate due to good management and an exceptional location in a residential neighborhood only 1 block from Stoughton Center. Tenants have Immediate proximity to commuter rail, bus lines, shopping, banking and many more amenities. Rental mix is 2 apartments, 3 studios, and 17 single rooms. Highly competent, on site, professional property & maintenance manager make this an investors dream! Over the years, owner has made many improvements, streamlined operations & expenses, mastered the leasing and cash flow aspects of this investment, pushed rents, and developed a very profitable, high cash flowing investment. This is the quintessential cash cow! Qualified buyers only please! Owner is retiring.
Location
State MA
County Norfolk
Zoning 121
Interior
Heating Forced Air, Baseboard
Cooling Central Air
Flooring Tile, Vinyl, Carpet, Varies Per Unit, Laminate, Hardwood, Vinyl / VCT, Tile Floor, Hardwood Floors, Wall to Wall Carpet, Stone/Ceramic Tile Floor
Exterior
Exterior Feature Rain Gutters, Professional Landscaping, Balcony/Deck
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
Roof Type Shingle
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Read Less
Bought with Christopher Chadzynski • Northeast Realty + Co.
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