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Bridge Street Apartments 1287 Bridge St 18 Unit Apartment Building $2,000,000 ($111,111/Unit) 7.06% Cap Rate Dracut, MA 01826
INVESTMENT HIGHLIGHTS
- 10-Unit Apartment Building
- Tenant-Paid Utilities | Coin-Op Laundry
- Brand New Roof and Decking
- Studio and One-Bedroom Units
- Ample Off-Street Parking
EXECUTIVE SUMMARY
Northeast Private Client Group is pleased to present the Bridge Street Apartments located at 1287 Bridge Street in Dracut, Massachusetts.
The 10-unit apartment buildings consists of two studios and eight one-bedroom apartments. The property features a brand new roof, new decking, and ample off-street parking for tenants.
All units have separately metered tenant-paid gas and 9 units have separately metered tenant-paid electric.
The 10-unit apartment buildings consists of two studios and eight one-bedroom apartments. The property features a brand new roof, new decking, and ample off-street parking for tenants.
All units have separately metered tenant-paid gas and 9 units have separately metered tenant-paid electric.
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
| Price | $2,000,000 | Property Subtype | Apartment |
| Price Per Unit | $111,111 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.06% | Building Size | 5,894 SF |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1920 |
| Zoning | B3 | ||
| Price | $2,000,000 |
| Price Per Unit | $111,111 |
| Sale Type | Investment |
| Cap Rate | 7.06% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,894 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | B3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 18 | - | - |
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | DRAC-000050-000000-000233 | Improvements Assessment | $408,200 |
| Land Assessment | $181,100 | Total Assessment | $589,300 |
PROPERTY TAXES
Parcel Number
DRAC-000050-000000-000233
Land Assessment
$181,100
Improvements Assessment
$408,200
Total Assessment
$589,300
CONTACTS
-
James Casey -
Francis Saenz -
Drew Kirkland -
Patrick Wheeler -
Anthony Rakauskas -
Northeast Private Client Group
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Bridge Street Apartments | 1287 Bridge St
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