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527 Nantasket Ave 7 Unit Apartment Building $2,495,000 ($356,429/Unit) Hull, MA 02045
Investment Highlights
- In the middle of the towns vibrant shopping area
- Newly renovated apartments
- Offstreet parking
Executive Summary
OPEN TO ALL 1031 Exchanges
Prime Investment Opportunity. 3 Fully Rented Businesses and 5 Newly renovated Apartments with laundry in building and a separate 2 family house on property. Full parking lot to provide off street parking.
Prime Investment Opportunity. 3 Fully Rented Businesses and 5 Newly renovated Apartments with laundry in building and a separate 2 family house on property. Full parking lot to provide off street parking.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$241,600
|
$33.54
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$12,080
|
$1.68
|
| Effective Gross Income |
$229,520
|
$31.86
|
| Taxes |
$12,490
|
$1.73
|
| Operating Expenses |
$28,906
|
$4.01
|
| Total Expenses |
$41,396
|
$5.75
|
| Net Operating Income |
$188,124
|
$26.11
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $241,600 |
| Annual Per SF | $33.54 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $12,080 |
| Annual Per SF | $1.68 |
| Effective Gross Income | |
|---|---|
| Annual | $229,520 |
| Annual Per SF | $31.86 |
| Taxes | |
|---|---|
| Annual | $12,490 |
| Annual Per SF | $1.73 |
| Operating Expenses | |
|---|---|
| Annual | $28,906 |
| Annual Per SF | $4.01 |
| Total Expenses | |
|---|---|
| Annual | $41,396 |
| Annual Per SF | $5.75 |
| Net Operating Income | |
|---|---|
| Annual | $188,124 |
| Annual Per SF | $26.11 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- High Speed Internet Access
- Tub/Shower
- Double Pane Windows
- Smoke Free
Site Amenities
- Fenced Lot
- Property Manager on Site
- Laundry Service
- Wi-Fi
- Maintenance on site
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $1,848,500 | |
| Land Assessment | $431,800 | Annual Taxes | $12,490 ($1.73/SF) |
| Improvements Assessment | $1,416,700 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$431,800
Improvements Assessment
$1,416,700
Total Assessment
$1,848,500
Annual Taxes
$12,490 ($1.73/SF)
Tax Year
2025 Payable 2025
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527 Nantasket Ave
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