Ben Esposito - RE/MAX Real Estate Center

16 Rockhill Street, Foxboro, MA 02035

Multi-Family

$459,900
Price
$450,000
Sale Price

4
Units
3,540
Approx. GLA
Large 4 unit building with four 1 bedroom apartments. All units are rented in good condition with excellent Tenants in place. Each unit has 650-675 sq ft with eat-in kitchen, large bedroom. living room and full bath. There is a common laundry and some storage for the tenants. The GAS heating system is 2015, the semi commercial hot water heater is 2014, there are 7 electric meters (2 for 3rd floor expansion), 1st and 2nd floor have vinyl updated windows and plenty of parking. The 3rd floor has 2 additional potential apartments. Good cash flow and potential for more with the right buyer. notice needed to show.
Highlights
Terms: Contract for Deed
Sale Price: $450,000
Settled Date: 7/15/2016 12:00:00 AM
Basement Features: Full, Walk Out
List Price: $459,900
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Sold
Beds: 4
Baths: 4
Units: 4
Year Built: 1900
Approx. GLA: 3,540
MLS#: 72005730
 
Interior
Basement: Yes
Electricity Cost: $120
Electric Features: 110 Volts, Circuit Breakers, 100 Amps, Individually Metered
Heating Units: 1
Heating Zones: 6
Flooring: Vinyl, Hardwood
Energy: Insulated Windows
Hot Water: Electric, Tank
Rooms: 13
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Facing: Northwest
Acres: 0.35
Lot Size: 15,070.00
Lot Description: Wooded, Paved Drive, Level
Foundation: Concrete Block, Fieldstone
Foundation Size: 50x28
Parking Spaces: 8
Parking Features: Off-Street, Guest, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: white
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Shingles, Asbestos
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Title 5: Not Done
Lender Owned: No
APOD Available: No
Assessed Price: $351,100
Taxes: $5,203
Tax Year: 2016
Book/Page: 26296/487
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $39,900
Gross Expenses: $9,720
Total Rent: $3,325
Net Income: $30,180
Heat Cost: $4,500
Insurance Cost: $3,300
R&M Cost: $1,000
Water Cost: $800
Additional
Amenities: Shopping, Swimming Pool, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Disclosure Declaration: No
Disclosure: Possible 2 additional units on the 3rd floor that would need approvals and would need to be finished.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 1 0 1 1 0 Yes 1
Unit 2 3 1 0 1 1 0 Yes 1
Unit 3 3 1 0 2 1 0 Yes 1
Unit 4 3 1 0 2 1 0 Yes 1
Units Extras
Unit 1
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Bathroom With Tub  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Heat, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Bathroom With Tub  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Bathroom With Tub  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Bathroom With Tub  Rooms:  Living Room, Kitchen 
Common
Rooms:  Laundry 
Map
The listing office is RE/MAX Real Estate Center and the listing agent is Campos Homes. 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 6/22/2017 10:35:00 PM.
 
Ben Esposito
Ben Esposito
RE/MAX Real Estate Center