Kim Duke - Sold By Gold LLC

550 Park St, Stoughton, MA 02072


Sale Price

Approx. GLA
Buyers financing fell through. Excellent income-producing property offers 3 units and a 2-level 3-car garage. All 3 units are rented with leases. Rent out the garage for more income. Half-acre lot provides ample outdoor space and potentials in the future. Short distance to all the amenities, shops, MBTA Providence/Stoughton commuter rail line, bake bath, library & convenient access to routes 95, 24, 139,495. The 3 units consist of the following: Unit1 - first floor 3 bedroom 1bath; Unit 2 - second floor 2 bedroom 1 bath; Unit3 - first floor 1 bedroom 1 bath. Units 1&3 are updated and Unit 2 is rebuilt from the stud. Two brand-new gas boilers for units 1&2. 3 years old gas boiler for unit 3. Three brand new water heaters. Private Showings Only. Motivated sellers.
Sale Price: $750,000
Settled Date: 11/19/2021 12:00:00 AM
List Price: $770,000
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Sold
Beds: 6
Baths: 3
Units: 3
Year Built: 1855
Approx. GLA: 2,700
MLS#: 72815152
Basement: Yes
Rooms: 15
Lead Paint: Unknown
Total Floors: 2
Water: No
Acres: 0.49
Lot Size: 21,500.00
Lot Description: Level
Foundation: Fieldstone
Garage Spaces: 3
Parking Spaces: 6
Exterior: Wood
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $383,100
Taxes: $5,785
Tax Year: 2021
Book/Page: 38235/413
Beach: No
Expenses Source: Estimated
Gross Income: $68,556
Gross Expenses: $13,815
Total Rent: $5,713
Net Income: $51,632
Insurance Cost: $1,630
R&M Cost: $1,000
Sewer Cost: $1,400
Water Cost: $1,000
Amenities: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Disclosure Declaration: Yes
Disclosure: Legal 3-family property. Buyer to verify all information. Sellers never lived in the property.
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 0 1 1 0 No 1 $2,313
Unit 2 4 2 0 2 1 0 Yes 1 $2,000
Unit 3 4 1 1 0 Yes $1,400
Units Extras
Heating:  Hot Water Baseboard 
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The listing office is Midtown Properties, Inc. and the listing agent is Juan Yu. 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 12/8/2021 5:35:00 PM.