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527 Nantasket Ave 7 Unit Apartment Building $2,390,000 ($341,429/Unit) 7.81% Cap Rate Hull, MA 02045

Apartment Buildings Massachusetts Hull 527 Nantasket Ave, Hull, MA 02045

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INVESTMENT HIGHLIGHTS

  • In the middle of the towns vibrant shopping area
  • newly renovated apartments
  • offstreet parking

EXECUTIVE SUMMARY

OPEN TO ALL 1031 Exchanges
NOW IS THE TIME TO BUY BEFORE YEAR END
Prime Investment Opportunity. 3 Fully Rented Businesses and 5 Newly renovated Apartments with laundry in building 1 and a separate 2 family house on property. Full parking lot to provide off street parking

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $615,132 $85.39
Other Income - -
Vacancy Loss - -
Effective Gross Income $615,132 $85.39
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $615,132
Annual Per SF $85.39
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $615,132
Annual Per SF $85.39
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $2,390,000 Apartment Style Low-Rise
Price Per Unit $341,429 Building Class C
Sale Type Investment Lot Size 0.23 AC
Cap Rate 7.81% Building Size 7,204 SF
Sale Conditions
1031 Exchange
  • High Vacancy Property
 No. Stories 2
No. Units 7 Year Built/Renovated 1930/2022
Property Type Multifamily Parking Ratio 1.39/1,000 SF
Property Subtype
Apartment
  • General Retail Storefront Retail/Office
  • Office Office Residential
Zoning BUS - Commercial Zoning
Price $2,390,000
Price Per Unit $341,429
Sale Type Investment
Cap Rate 7.81%
Sale Conditions
1031 Exchange
  • High Vacancy Property
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Office
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 7,204 SF
No. Stories 2
Year Built/Renovated 1930/2022
Parking Ratio 1.39/1,000 SF
Zoning BUS - Commercial Zoning
1 1

PROPERTY TAXES

Parcel Number HULL-000026-000000-000173 Improvements Assessment $1,127,900 (2025)
Land Assessment $224,300 (2025) Total Assessment $1,352,200 (2025)

PROPERTY TAXES

Parcel Number
HULL-000026-000000-000173
Land Assessment
$224,300 (2025)
Improvements Assessment
$1,127,900 (2025)
Total Assessment
$1,352,200 (2025)
(781) 267-2221

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 35493782

  • Date on Market: 4/15/2025

  • Last Updated:

  • Address: 527 Nantasket Ave, Hull, MA 02045

More public record information on 527 Nantasket Ave, Hull, MA 02045

The Multifamily Property at 527 Nantasket Ave, Hull, MA 02045 is currently available for Sale. Contact eXp Realty for more information.

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527 Nantasket Ave
(781) 267-2221 x

527 Nantasket Ave

Jeff Kendall
(781) 267-2221

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