$2,400,000
Active
9 Days Online
11 Beds13 Baths8,167 SQFT
Active

40 Summer St Bridgewater, MA 02324

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The Lofts @ Summer Street (40 Summer Street) consists of a four-story building with ten (10) residential units comprised of one (1), 2-Bedroom/2-Bathroom unit, two (2), 1-Bedroom/1.5 Bathroom units, and seven (7), 1-Bedroom/1-Bathroom units. The Property is situated on a 0.98-acre parcel of land with twenty-two (22) on-site parking spaces available for tenants and guests. A transformative gut renovation of the Property was completed in 2019 where the entirety of the buildings envelope, interiors, mechanicals, and fire system were updated. The building is separately metered for heat and electricity which the tenants pay directly. All units feature PTAC heating and air conditioning systems. The Landlord is responsible for common area heat and electric, hot water, and domestic water and sewer. The Lofts @ Summer Street offers the opportunity to acquire a well-located, fully leased, turn-key asset, that is poised for income growth.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyPlymouth
  • Taxes$19,770
  • HOA/Condo/Coop Fees$0
  • Days on Site9 Days
  • MLS StatusActive
  • MLS ID Number73300707
  • Home Size Source Public Records
  • Year Built1938
  • Lot Size0.98 Acres
  • Full Baths11
  • Partial Baths2

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General Features

  • Parking Off Street
  • Parking Spaces 22
  • Sewer Public Sewer
  • Number of Stories 8
  • Acreage 0.98
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Other
  • Zoning CBD
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0
  • Parking Features Off Street
  • Electricity Individually Metered

Interior Features

  • Cooling Other
  • Appliances WasherDryer
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof ShingleRubber
  • Spa No
  • Waterfront Property No
  • Lot Other
  • Lot Features Other

Community Features

  • Community Features Public TransportationShoppingParkWalk/ Jog TrailsGolfMedical FacilityBike PathConservation AreaHighway AccessHouse of WorshipPublic SchoolT- StationUniversityWalk/Jog TrailsT-Station
  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$12,060
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