, Buzzards Bay, MA 02532 (MLS# 20707511)

Buzzards Bay, MA 02532

$2,500,000
Property Type: Multi-Family Square Footage: 23,922 Lot Size (sq. ft.): 71,003 Status: Closed
Current Price: $2,500,000 List Date: 7/09/2007 Last Modified: 9/25/2024

Overview

Description

Multi-Family/Great Condo Conversion Opportunity in Bournein process of permitting to transfer to condos, 24 units in 4 buildings (6 units each). 20 two bedroom units and 4 one bedroom units, some two bedroom units with sliding doors, decks, and peek Cape Cod Canal views. Built in the 1970's, each building recently updated w/vinyl siding and front windows and new roofs on 3 buildings. Landscaping updates and exterior/site improvements underway and new irrigation system. Bonus lot for potential common space. Gross annual net income $194,810. Excellent investment/development opportunity.

Listing Details MLS# 20707511

Contract Info

Original List Price
2650000
List Price/SqFt
110.78

Legal and Taxes

Unit #
Yes
County
Barnstable
Town
Bourne
Village
Buzzards Bay
State
MA
Zip Code
02532
Estimated Annual Taxes
11233
Tax Year
2007
Building Assessments
894400
Total Assessment
1749700
Title Reference - Book
15331
Title Reference - Page
254
Underground Fuel Tank
No
Lead Base Paint
Unknown
Asbestos
No
Mass Use Code
111 - Apartment, 4 To 8 units
Land Court Cert #
No

General Property Info

Region
Upper Cape
School District
Bourne
Zoning
B2 Business
Year Built
1973
Total Finished Space
23922
Basement
No
Private Pool
No
Private Dock
No
Lot Size SqFt
71003
Lot Size Source
Field Card
Acres
1.63
Road Frontage - Old
700
Lot Depth
100
Garage
No
Waterfront
No
Waterview
Yes
Miles to Beach
1 to 2
Baths - Half
0

Status Change Info

Date of Accepted Offer
2007-08-02
Under Contract Date
2007-10-18
Sold Date
2007-10-31
Sold Price/SqFt
104.51
SP/AV
1.43

Unit 1 Info

Full Baths
Yes
Monthly Rent
1075
Rooms
4

Unit 2 Info

Full Baths
Yes
Monthly Rent
975
Rooms
4

More Information

Unit 3 Info

Full Baths
Yes
Monthly Rent
1125
Rooms
4

Unit 4 Info

Full Baths
Yes
Monthly Rent
875
Rooms
3

Remarks & Misc

Public Remarks
Multi-Family/Great Condo Conversion Opportunity in Bournein process of permitting to transfer to condos, 24 units in 4 buildings (6 units each). 20 two bedroom units and 4 one bedroom units, some two bedroom units with sliding doors, decks, and peek Cape Cod Canal views. Built in the 1970's, each building recently updated w/vinyl siding and front windows and new roofs on 3 buildings. Landscaping updates and exterior/site improvements underway and new irrigation system. Bonus lot for potential common space. Gross annual net income $194,810. Excellent investment/development opportunity.
Directions to Property
Rt 25 to Exit 2 (exit before going over Bourne Bridge to Cape) to Bourne Rotary. Exit off Rotary to Main St./Buzzards Bay. Take first left after the Post Office on Holt Rd.

Lot Features

Level
Yes
Views
Yes

Year Built Desc

Actual
Yes

Parking Features

Driveway
Yes
Paved
Yes

Foundation Details

Concrete Perimeter
Yes

Convenient To

Bike Path
Yes
Conservation Area
Yes
Golf Course
Yes
House of Worship
Yes
Major Highway
Yes
Marina
Yes
School
Yes
Shopping
Yes

Beach Ownership

Public
Yes

Beach/Lake/Pond

Buttermilk Bay
Yes

Roof Description

Asphalt
Yes
Pitched
Yes

Siding Description

Aluminum Siding
Yes
Shingle
Yes
Vinyl Siding
Yes

Interior Features

Linen Closet
Yes

Patio And Porch Features

Deck
Yes

Owner Pays

Heat
Yes
Hot Water
Yes

Property Features

Year Built Desc: Actual Foundation Details: Concrete Perimeter Lot Features: Level; Views Parking Features: Driveway; Paved Convenient To: Bike Path; Conservation Area; Golf Course; House of Worship; Major Highway; Marina; School; Shopping Beach Ownership: Public Interior Features: Linen Closet Patio And Porch Features: Deck Roof Description: Asphalt; Pitched Siding Description: Aluminum Siding; Shingle; Vinyl Siding Owner Pays: Heat; Hot Water
IDX
Listing Office: CENTURY 21 Dream Homes
Listing Agent: Doug Azarian
Last Updated: September - 25 - 2024
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