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Benjamin Hicks

ben@bridgemontrealty.com +1(617) 529-0751

$ 2,400,000

Est. payment -/mo

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Pending

40 Summer St Bridgewater, MA 02324

11 Beds

12 Baths

8,167 SqFt

UPDATED:

10/28/2024 03:23 PM

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 8,167 sqft

Price per Sqft $293

MLS Listing ID 73300707

Bedrooms 11

Full Baths 11

Half Baths 2

Year Built 1938

Annual Tax Amount $19,770

Tax Year 2024

Lot Size 0.980 Acres

Acres 0.98

Property Description

The Lofts @ Summer Street (40 Summer Street) consists of a four-story building with ten (10) residential units comprised of one (1), 2-Bedroom/2-Bathroom unit, two (2), 1-Bedroom/1.5 Bathroom units, and seven (7), 1-Bedroom/1-Bathroom units. The Property is situated on a 0.98-acre parcel of land with twenty-two (22) on-site parking spaces available for tenants and guests. A transformative gut renovation of the Property was completed in 2019 where the entirety of the buildings envelope, interiors, mechanicals, and fire system were updated. The building is separately metered for heat and electricity which the tenants pay directly. All units feature PTAC heating and air conditioning systems. The Landlord is responsible for common area heat and electric, hot water, and domestic water and sewer. The Lofts @ Summer Street offers the opportunity to acquire a well-located, fully leased, turn-key asset, that is poised for income growth.

Location

State MA

County Plymouth

Zoning CBD

Direction Please use GPS

Interior

Cooling Other

Appliance Washer, Dryer

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University

Waterfront false

Roof Type Shingle,Rubber

Parking Type Off Street

Total Parking Spaces 22

Garage No

Building

Lot Description Other

Story 8

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay

Benjamin Hicks

+1(617) 529-0751

Benjamin Hicks

40 Summer St Bridgewater, MA 02324

Key Details

Location

Interior

Exterior

Building

Others

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40 Summer St