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$2,499,999
Total Beds: 21 Total Baths: 20
Total Units: 10 SQFT: 12400
LOT size: 1.23 Acres
425 Brown St
Attleboro, MA 02703
View Map
This Property is No Longer Available

Property Description

AMAZING INVESTMENT OPPORTUNITY with excellent upside potential and value add. A 10-unit Townhome complex with 6 existing homes and 4 which are under construction (weather tight, roof, windows and siding in need of insulation, HVAC, board and finishes) is the perfect value add for any developer or investor looking for a great project all while collecting rents on the completed units. This unique and rare opportunity to buy and hold or complete and sell off as condos is an outstanding value. Below market rents with TAW client base, gas, sewer and city water. Ideal location for highway access and MBTA station nearby, close to all shopping and schools. This property can be view by appointment only. Access will be granted to qualified buyers to 2 vacant existing units and 4 units which are incomplete. Valid permits in hand. Bidders will be able to preview all units once an offer is accepted. Additional photos coming. Please contact listing agent for additional information.

Property Details

Building Information

  • Total Units: 10
  • Total Floors: 15
  • Total Bedrooms: 21
  • Total Full Baths: 11
  • Total Half Baths: 9
  • Amenities: Highway Access, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Walk Out

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided, Projected
  • Gross Operating Income: 43020
  • Net Operating Income: 43020

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Heating: Extra Flue, Gas, Heat Pump
  • Levels: 3

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Heating: Extra Flue, Gas, Heat Pump
  • Levels: 3

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Heating: Extra Flue, Gas, Heat Pump
  • Levels: 3

Unit 4 Description

  • Under Lease: No
  • Floors: 1
  • Heating: Extra Flue, Gas, Heat Pump
  • Levels: 3

Construction

  • Year Built: 2013
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Other (See Remarks), Tile, Varies Per Unit, Vinyl, Wall to Wall Carpet
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73181369
  • Last Updated: 12/09/23

Mortgage Calculator

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Map

Seller's Representative: Susan Lee, Keller Williams Elite
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2023 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-12-09 08:12:00

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