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825 Nantasket Ave 6 Unit Apartment Building $1,195,000 ($199,167/Unit) 6% Cap Rate Hull, MA 02045



Investment Highlights
- 200 ft to bay with bay views
- CAN BE 6 CONDOS
- near center of town and T,
Executive Summary
CAN BECOME 6 INDEPENDENT CONDOS
Beautiful building in need of some TLC
currently fully rented, under fmv
Two 2brs
Four 1 bedrooms
200 ft from bay and 400 ft to ocean
Possible owner financing with 30% down
Beautiful building in need of some TLC
currently fully rented, under fmv
Two 2brs
Four 1 bedrooms
200 ft from bay and 400 ft to ocean
Possible owner financing with 30% down
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,195,000 | Property Subtype | Apartment |
| Price Per Unit | $199,167 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6% | Lot Size | 0.12 AC |
| Sale Condition | 1031 Exchange | Building Size | 4,792 SF |
| Gross Rent Multiplier | 10 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Zoning | CRC - Commercial Recreation C District | ||
| Price | $1,195,000 |
| Price Per Unit | $199,167 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,792 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | CRC - Commercial Recreation C District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | - | - |
1 1
Property Taxes
| Parcel Number | HULL-000012-000000-000102 | Improvements Assessment | $545,000 (2025) |
| Land Assessment | $217,800 (2025) | Total Assessment | $762,800 (2025) |
Property Taxes
Parcel Number
HULL-000012-000000-000102
Land Assessment
$217,800 (2025)
Improvements Assessment
$545,000 (2025)
Total Assessment
$762,800 (2025)
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Mind Zap LLC
825 Nantasket Ave
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