Price Reduction - Water Front - Eco Friendly
Address
2576 RIVERSIDE AVENUE Somerset, MA
Price
$ 665,900
Property Attributes
  • MLS#72196140
  • TypeMulti-Family
  • CountyBRISTOL
  • CitySomerset
  • Zip02726
  • Style5-9 Family
  • Year Built1900
  • Taxes7941
  • Price$ 665,900
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size0.73 Acres
Listing Provided Courtesy Of:
Avery Brannaka with Carol Brannaka REALTORS®.
Property Description

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
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/11/2017 Listed $699,900
6/25/2018 5% - $665,900

General Features

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
Unit 1 Rent 900
Unit 2 Rent 1100
Unit 3 Rent 800
Unit 4 Rent 750

Interior Features

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
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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02726

Price
AVG $410K
$670K
Taxes
AVG $5,492
$7,941
Visits
AVG 22
89
Year Built
AVG 1909
1900
Walkscore
AVG 34
61

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