141 High Street

For Sale

Income and Expense Statement

141 High Street, North Attleboro, 02760-1030

Gross Income                                                                                                    $75,900.00

Vacancies & Collection Loss (5.00%)                                                               $3,795.00

Effective Gross Income                                                                                   $72,105.00

 

Expenses

Common Electric                                                                                                     $120.00

Insurance                                                                                                              $3,640.00

Maintenance & Repairs (5.00%)                                                                      $3,605.25

Taxes                                                                                                                    $5,972.80

Water & Sewer                                                                                                     $3,100.00

Total Expenses                                                                                                $16,438.05

 

Net Operating Income                                                                                   $55,666.95

 

Investment Highlights:

 

Price                                     $700,000

Number of Units                 7

Price / Unit                            $100,000

Gross Rent Multiplier          9.22

Capitalization Rate             8.00% (Rounded)

Return on Investment         12% (Based on cash/cash method)

Current Rents

1  $800.00   2  $800.00    3  $950.00  4  $850.00  5  $725.00   6  $800.00  7  $1,450.00

TOTAL                                 $6,325.00/month

 

Property Highlights:

Building Type:                     7 Unit Building

Unit Mix:                              4 (1) Bedrooms, 2 (2) Bedrooms, 1 (3) Bedrooms

Heating & Hot Water         All tenant paid ultities

Exterior                                  Vinyl

Roof                                       Asphalt

Site Size:                              8,775 SF +/-

Gross Living Area:              4,324 SF +/-

Parking:                               Off Street Parking

 

 

All information furnished regarding the property for sale is from sources deemed reliable but no warranty or representation is made to the accuracy thereof & same is submitted to errors and omissions. It is your responsibility to independently confirm the accuracy and completeness. Any projections, opinions, assumptions or information furnished are used for example only and do not represent the current or future performance of the property. Buyer is responsible to verify all information and condition of the property.

Price:$849,000
Address:141 High St
City:North Attleboro
County:Bristol
State:MA
Zip Code:02760
Square Feet:4324
Bedrooms:1, 2 & 3 BR
Bathrooms:1 Each

Listing Presented by:

Kris MacDonald photo
Kris MacDonald

Salesperson # 9040489

Office: 617-953-9099

Cell: 617-953-9099

1429 Centre St
West Roxbury, Massachusetts 02132

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