Vladimir Frenkel

20 Railroad Ave, Foxboro, MA 02035

Multi-Family

$844,900
Price

4
Units
3,480
Approx. GLA
Fantastic Foxboro Four Family opportunity awaits the investor or owner-occupied buyer seeking to create equity in this competitive real estate market. This 4 unit (2 BR each) property is located within walking distance to Foxboro center, restaurants and shops. Route 95, Gillette Stadium and commuter rail are all within close proximity. There is plenty of off-street parking and a well maintained outdoor space. The large basement offers coin-op laundry and ample storage space for all tenants. Strong rental history with long term tenants (currently 3 of 4 units rented.) Expense summary and rent roll attached to listing. Showings by appointment only, Saturday 6/12 from 10am-12pm and Sunday 6/13 from 10-11am.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full
List Price: $844,900
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Contingent
Beds: 8
Baths: 4
Units: 4
Year Built: 1960
Approx. GLA: 3,480
MLS#: 72847751
Interior
Basement: Yes
Electricity Cost: $1,700
Electric Features: Fuses, Circuit Breakers
Heating Units: 1
Flooring: Tile, Wall to Wall Carpet
Energy: Insulated Windows
Rooms: 20
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.48
Lot Size: 20,870.00
Lot Description: Paved Drive, Level
Foundation: Poured Concrete
Parking Spaces: 10
Parking Features: Off-Street, Paved Driveway
Road Type: Public
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, Washer Hookup
Exterior: Vinyl, Brick
Exterior Features: Gutters, Satellite Dish
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Title 5: Not Done
Lender Owned: Unknown
APOD Available: Yes
Assessed Price: $601,900
Taxes: $8,872
Tax Year: 2021
Book/Page: 1654/59
Warranty Available: Unknown
School
Grade School: Igo
Middle School: Ahern
High School: Foxboro High
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $77,900
Gross Expenses: $25,542
Total Rent: $6,200
Net Income: $52,358
Heat Cost: $2,350
Insurance Cost: $2,000
Management Cost: $6,000
Refuse Cost: $1,170
R&M Cost: $400
Sewer Cost: $170
Water Cost: $2,000
Misc. Cost: $880
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School
Disclosure Declaration: No
Disclosure: 3 of the 4 units are currently rented by long term tenants. Rent offset for Unit #3 of $500 per month for onsite mgmt. Septic pumped every 2 years. Coin-op laundry in basement.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 No 1 $1,500
Unit 2 5 2 0 1 1 0 Yes 1 $1,800
Unit 3 5 2 0 2 1 0 Yes 1 $1,500
Unit 4 5 2 0 2 1 0 Yes 1 $1,400
Units Extras
Unit 1
Rent Includes:  Heat, Hot Water  Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet, Cable TV Available, Storage, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Heat, Hot Water  Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet, Cable TV Available, Storage, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Hot Water  Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Bathroom With Tub & Shower, Cable TV Available, Storage, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Hot Water  Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Bathroom With Tub & Shower, Cable TV Available, Storage, Tile Floor  Rooms:  Living Room, Kitchen 
The listing office is Gerry Abbott REALTORS® and the listing agent is Christopher Phillips. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 8/4/2021 10:35:00 PM.
 
Vladimir Frenkel
Vladimir Frenkel
eXp Realty