, 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

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

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

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

Listing Office: CENTURY 21 Dream Homes

Listing Agent: Doug Azarian

Last Updated: September - 25 - 2024

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