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$1,100,000
Total Beds: N/A Total Baths: 7
Total Units: 4 SQFT: 3900
LOT size: 0.23 Acres
8 Washington Place
Braintree, MA 02184
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This Property is No Longer Available

Property Description

Conversion opportunity! Mixed use building that could be converted back into a multi-family home. Currently being used as three floors of office and one floor apartment. Could be made into three floors of living area with commercial units or four floors of living area. Or two floors commercial and two floors residential. Very high income potential. All 15 units are separately metered for electric heat. The commercial floors have two half baths each (which could be made full baths) and have space for three bedrooms, kitchen and dining room. The basement has two half baths and could be converted into one or two units of residential or kept as commercial space. Amazing location in Braintree Square with plenty of parking.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Full Baths: 1
  • Total Half Baths: 6
  • Total Fireplaces: 2
  • Amenities: Golf Course, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Finished, Full, Interior Access, Other (See Remarks), Walk Out

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided, Pro. Forma Available
  • Gross Operating Income: 36000
  • Gross Expenses: 7286
  • Electric Expenses: 600
  • Water/Sewer: 500
  • INSC: 3000
  • RFS: 1236
  • Miscellaneous Expense: 1950
  • Net Operating Income: 28714

Utilities

  • Heat Zones: 14
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Levels: 1

Construction

  • Year Built: 1902
  • Type: 4 Family - 4 Units Up/Down
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73142522
  • Last Updated: 10/18/23
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Jennifer Kern, Success! Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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 2023-10-18 10:28:00

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