Listed by: Jayson LaPlante from Milestone Realty, Inc.
Investors have you been waiting for a Great Opportunity? Look at this profitable 13-unit mixed use property with two retail store rental spaces located in downtown Taunton. The Silver City Lodging House is part of three properties being sold individually or as a potential package deal. The property is heated by gas, offers city water, sewer, and TMLP for electric. This would be an ideal property for 1031 exchange buyers or someone looking to add a valuable asset to their property portfolio. All appliances are owned by the seller and will be included in the sale of this property. All tenants are TAW with no leases in effect. Longterm tenants bring stability to new owners. Fire Alarm & Sprinklers. Converted from oil to gas 2024. Located within walking distance to many local restaurants, Steward Hospital, laundry, coffee shops, government buildings, public transportation, and retail stores. This is an extremely rare business opportunity to run your own retail space or manage the property.
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View full listing details | Price: | $$900,000 |
| Address: | 77 Broadway |
| City: | Taunton |
| County: | Bristol |
| State: | Massachusetts |
| MLS: | 73302068 |
| Acres: | 0.1 |
| Lot Square Feet: | 0.1 acres |
| Bathrooms: | 5 |
| zoning: | CBD1 |
| taxYear: | 2024 |
| directions: | Taunton Green to RT 138N (Broadway) |
| contingency: | Pending P&S |
| disclosures: | Current tenants are (TAW) with no leases in effect. Limited showings of the property and common areas will be permitted pre-offer. Full showings to include all units will be permitted upon an agreeable offer being accepted. All measurements are approximate and should be verified by Buyers and Agents |
| grossIncome: | 116520 |
| lotSizeArea: | 0.1 |
| lotSizeUnits: | Acres |
| taxBookNumber: | 10908 |
| taxAnnualAmount: | 6447.67 |
| operatingExpense: | 24029 |
| buildingAreaUnits: | Square Feet |
| farmLandAreaUnits: | Square Feet |
| zoningDescription: | Legal Conforming |
| netOperatingIncome: | 92491 |
