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$899,000
Total Beds: 11 Total Baths: 3
Total Units: 3 SQFT: 3852
LOT size: 0.34 Acres
127 Main St
Bridgewater, MA 02324
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Property Description

7.87% CAP RATE!! Situated near downtown Bridgewater, this expansive 3,852+/- sf multifamily property offers a compelling investment. Comprising two 4-bed units and one 3-bed unit - this is a great income-generating property. 127 Main St. provides tenants with easy access to shopping, dining, and local amenities. 0.5 miles from Bridgewater State University, makes it an attractive residence for students and faculty. 1 mile from the Bridgewater MBTA station, facilitating seamless travel to Boston. Current rents are slightly below market value, presenting an opportunity to enhance income streams. 2 spacious attics offer the potential to add an additional unit or expand existing ones - subject to local zoning regulations. Roof was replaced approximately 3 years ago, front porch was replaced last year - reducing immediate capital expenditure.Provides plenty of off-street parking.127 Main Street stands out as a promising addition to any investment portfolio.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 11
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Gross Operating Income: 91200
  • Gross Expenses: 20424
  • Electric Expenses: 181
  • Water/Sewer: 1217
  • INSC: 11099
  • Repairs & Maintenance: 1819
  • RFS: 673
  • Miscellaneous Expense: 2401
  • Net Operating Income: 70776

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1880
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73367062
  • Last Updated: 05/07/25

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Map

Seller's Representative: The Dylan Costello Team, Coldwell Banker Realty - Boston
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-07 16:02:00