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ContingentPrice Reduced $55,000
7
$1,695,000
Total Beds: 10 Total Baths: 9
Total Units: 8 SQFT: 4930
LOT size: 0.35 Acres
15 Walnut Ave
Stoughton, MA 02072
View Map

Property Description

TREMENDOUS INVESTMENT OPPORTUNITY.! This is the Former Dr. Faxon Residence which was converted into 8 units by the one and only Almon Fredericks and formerly owned by the late/great Attorney George S. Sarados.. The possibility exists to purchase the adjacent single family home (originally built by Almon Fredericks for Dr, Woodward's Medical Office) as well as the 40' x 60' barn. You will not find a better spot in Stoughton for a multi-family in terms of its close proximity to downtown conveniences, the train station, the bus line, the library and its side street location with views of beautiful Faxon Veterans Memorial Park. Most tenants are TAW. A RARE FIND. PRE-QUALIFIED BUYERS WITH PROOF OF FUNDS REQUIRED PRIOR TO VIEWINGS

Property Details

Building Information

  • Total Units: 8
  • Total Floors: 3
  • Total Bedrooms: 10
  • Total Full Baths: 9
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Stables, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Bulkhead, Full, Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 141000
  • Gross Expenses: 37920
  • Net Operating Income: 103080

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: MWRA

Unit 1 Description

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

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 3 Description

  • Under Lease: No

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wall to Wall Carpet
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73312188
  • Last Updated: 12/17/24

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Map

Seller's Representative: Walter Parshley, The Parshley Team - Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-17 09:31:00