Description
OFFERS DUE TUESDAY 9/15 @ NOON. Whether you're an investor seeking an established income-producing property or an owner-occupant looking for rental income to help offset housing costs, this property offers a hard-to-find combination of income, land, parking, and storage. This property has been actively maintained over the years, but is an older home that will need TLC and is being sold AS-IS. Each unit features 2 bedrooms and 1 bathroom, with both units currently rented at $2,100/month, providing $50,400 in annual gross rental income. The property has remained fully occupied since 2020. Both tenants are long-term Tenants at Will with established rental histories and no missed payments. Utilities (heat and electric) are separately metered for each unit. Set on over an acre of land, the property offers a rare amount of outdoor space for a two-family property, with a sprawling backyard providing room for pets, play, gardening, outdoor activities, or entertaining. Two separate driveways provide ample parking, while the three-story barn offers exceptional storage space. Both oil tanks and one hot water heater were replaced within the past few years, many cosmetic upgrades, and most windows are energy efficient. Please do not walk the property or disturb the tenants without an appointment. Listing Agent is a trustee of the seller.
Details
| MLS # | 73572815 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1929 |
| Days On Site | 22 |
| Listing Provided By | MWCRE LLC | Michelle Vainshtein |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,006 |
| Story(s) | 2 |
| Units | 2 |
| Zoning | RC |
| Acreage | 1.10 |
| Property View | Yes |
Interior
| Rooms Total | 10 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Oil |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete Perimeter, Stone |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 7664 |
|---|---|
| Tax Assessed Value | 648900 |
| Tax Year | 2026 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Norfolk |
| City | Stoughton |
| Zip Code | 02072 |
| Area | Norfolk |
| Listing VS Median (in 02072) | |
Price: $699,000 low | high Med: $382,450 sqft: 2,006 low | high Med: 1,208 $ / sqft: $348 low | high Med: $318 On site: 22 low | high Med: 7.5 | |
Market Activity 02072
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Learn More About This Property
| State | MA |
|---|---|
| County | Norfolk |
| City | Stoughton |
| Zip Code | 02072 |
| Area | Norfolk |
| Listing VS Median (in 02072) | |
Price: $699,000 low | high Med: $382,450 sqft: 2,006 low | high Med: 1,208 $ / sqft: $348 low | high Med: $318 On site: 22 low | high Med: 7.5 | |