, 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
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.
More Information MLS# 20707511
Contract Info
List Price/SqFt: 110.78
Status: Closed
Original List Price: 2650000
Sold Price: $2,500,000
Current Price: $2,500,000
List Date: 2007-07-02
Legal and Taxes
Unit #: 1
Town: Bourne
Village: Buzzards Bay
Estimated Annual Taxes: 11233
Building Assessments: 894400
Total Assessment: 1749700
Title Reference - Book: 15331
Title Reference - Page: 254
Land Court Cert #: 0
Underground Fuel Tank: No
Lead Base Paint: Unknown
Asbestos: No
Mass Use Code: 111 - Apartment, 4 To 8 units
County: Barnstable
State: MA
Zip Code: 02532
Tax Year: 2007
General Property Info
Region: Upper Cape
School District: Bourne
Zoning: B2 Business
Basement: No
Baths - Half: 0
Private Dock: No
Private Pool: 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
Year Built: 1973
Total Finished Space: 23922
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.
Status Change Info
Date of Accepted Offer: 2007-08-02
Sold Price/SqFt: 104.51
SP/AV: 1.43
Under Contract Date: 2007-10-18
Sold Date: 2007-10-31
Sold Price: $2,500,000
Lot Features
Level: 1
Views: 1
Year Built Desc
Actual: 1
Parking Features
Driveway: 1
Paved: 1
Foundation Details
Concrete Perimeter: 1
Convenient To
Bike Path: 1
Conservation Area: 1
Golf Course: 1
House of Worship: 1
Major Highway: 1
Marina: 1
School: 1
Shopping: 1
Beach Ownership
Public: 1
Beach/Lake/Pond
Buttermilk Bay: 1
Unit 1 Info
Bedrooms: 2
Full Baths: 1
Monthly Rent: 1075
Rooms: 4
Unit 2 Info
Bedrooms: 2
Full Baths: 1
Monthly Rent: 975
Rooms: 4
Unit 3 Info
Bedrooms: 2
Full Baths: 1
Monthly Rent: 1125
Rooms: 4
Roof Description
Asphalt: 1
Pitched: 1
Siding Description
Aluminum Siding: 1
Shingle: 1
Vinyl Siding: 1
Unit 4 Info
Bedrooms: 1
Full Baths: 1
Monthly Rent: 875
Rooms: 3
Interior Features
Linen Closet: 1
Patio And Porch Features
Deck: 1
Owner Pays
Heat: 1
Hot Water: 1
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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