$699,900 2576 Riverside Avenue Somerset, MA

MLS: 72196140   Type: Multi-Family   County: Bristol   City: Somerset   Zip: 02726   Style: 5-9 Family   # Rooms: 19    Taxes: $7,941

Mortgage $3,286 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

9

6

0

5,000

0.73

1900

FIRST TIME ON THE MARKET IN OVER 60 YEARS!!!! WANT A FAMILY COMPOUND? VERY LARGE (TWO) 3 FAMILY APARTMENT HOMES ON A GENEROUS 3/4 WATERFRONT SITE!!! LOOK AT THE AERIAL PICTURES FOR WHAT YOU CANNOT VIEW FROM THE STREET! THESE ARE TWO MASSIVE-SIZED MULTI'S ON ONE LOT, AND THE OWNER'S PRIDE SHOWS WITH THE CARE AND IMPROVEMENTS AND GROUNDS. SWEEPING LAWN TO THE SEA WALL. FANTASTIC WATERVIEWS. HAVE A BOAT? EVERY APARTMENT HAS A GORGEOUS WATERVIEW! LONG TERM RENTERS. CURRENT INCOME IS $4330/MO **BONUS** UNTAPPED INCOME POTENTIAL WITH NOT ONLY INCREASED MARKET RENT, BUT FUTURE, UNTAPPED ADDITIONAL INCOME...AN UNRENTED 3RD FLOOR UNIT, NEEDS A 2ND EGRESS STAIRCASE-- RECOUP WITH 8 MONTHS RENT. A UNUSED GARAGE UNDER--GREAT FOR SMALL CAR RENTAL, BOAT STORAGE, PERSONAL WATERCRAFT, OR TENANT STORAGE. ANOTHER GROUND LEVEL STORAGE UNIT CAN BE RENTED, AND BSMT. STORAGE BE CONSTRUCTED. PROJECTED RENTAL $7000+/MO. OWNER PAYS $4000 FOR HOME OWNERS INS. FLOOD CERT IN HAND, $14,700 EST. YR.

Elementary School

Middle School

High School

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Price History

7/11/2017 Listed $699,900

Construction Material Frame
Electrical Equipment/Features Circuit Breakers, Individually Metered, Varies per Unit
Energy Features Insulated Windows, Storm Windows, Storm Doors, Varies per Unit
Heat Zones 6
Levels 6
Parking Features Off-Street, Paved Driveway
Parking Spaces 13
Square Feet 5000.00
State Massachusetts
Total Fireplaces 0
Unit 1 Rent 900
Unit 2 Rent 1100
Unit 3 Rent 800
Unit 4 Rent 750

Interior Features

# of Fireplaces 0
Basement Features Full, Walk Out, Interior Access, Garage Access, Concrete Floor
Bedrooms 9
Bedrooms (1) 2
Bedrooms (2) 2
Bedrooms (3) 1
Bedrooms (4) 1
Flooring Wood, Tile, Vinyl, Hardwood
Full Baths 6
Half Baths 0
Hot Water Natural Gas
Total Number of Units 6

Exterior Features

Exterior Vinyl
Exterior Features Porch, Porch - Enclosed, Gutters, Professional Landscaping, Screens, Stone Wall
Foundation Fieldstone
Garage Spaces 1
House Color WHITE
Lot 12
Lot Description Paved Drive, Flood Plain, Cleared, Gentle Slope, Scenic View(s)
Roof Asphalt/Fiberglass Shingles, Rubber
Waterfront River, Frontage, Walk to, Deep Water Access, Navigable

Property Schools



Direct Link:

http://www.expectfirstclass.com/property/3-72196140-2576-Riverside-Avenue-Somerset-MA-02726

Gallery (22 photos)

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Property vs Zip Code Avg (02726)

Price 699K Avg 432K

Sqr Feet 5,000 Avg 2,462

Cost / Sqr Ft $140 Avg $176

Taxes $7,941 Avg $5,717

Acres 0.73 Avg 0.48

Visits 71 Avg 20

Days on Site 349 Avg 111

Walkscore® 61 Avg 31

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Listing Provided Courtesy Of: Avery Brannaka with Carol Brannaka REALTORS®.




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Location & Address

First Class Realty Group
661 South Street W, Ste 2
Raynham, MA
508-219-6208