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Address
160 Winthrop St, Rehoboth, MA
Price
$ 1,295,000
Property Attributes
  • MLS#73142548
  • TypeMulti-Family
  • CountyBRISTOL
  • CityRehoboth
  • Zip02769
  • Style5+ Family - 5+ Units Side by Side
  • Year Built1982
  • Taxes$ 11436
  • Price$ 1,295,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13215
  • Lot Size3.75 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

CALLING ALL INVESTORS AND BUSINESS OWNERS! Looking for a property where you can live, operate a business, and generate income all in one? Here it is! 160-164 Winthrop is two parcels sold together. Located close to the center of town and right on Route 44, this property gets plenty of exposure. There are 5 apartment units that are fully occupied by Tenants At Will. In addition to these living spaces, there are three other buildings that generate income as well. Next to the main housing area is a barn-like structure used for storage with high ceilings.There is also a two bay garage. To top it off, there is a two story and deep storefront for you to launch your newest business venture while generating income. Property is in good condition but will require some TLC in order to bring it back to its full potential.

Price History
7/31/2023 Listed $1,300,000
11/8/2023 1% - $1,295,000

General Features

Interior Features Mudroom,Unit 1 Rooms(Living Room,Kitchen),Unit 4 Rooms(Living RM/Dining RM Combo)
Sewer Other
Roof Shingle
Zoning Mixed Use
Garage Spaces 2
Construction Materials Frame,Brick
Year Built 1982
Property SubType 5+ Family - 5+ Units Side by Side
Tax Year 2023
Gross Income 100000
Community Features Shopping,Stable(s),Golf,Highway Access,Public School
County Bristol
Net Operating Income 60540
Property Type Residential Income
Garage Y/N Yes
Total Rooms 22
Status Active
Directions Right on Rt. 44. Easy access to RT 495,195,and 24.
City Rehoboth
Buyer Agent Compensation 3
Disclosures Buyer to do your own diligence.
Senior Community Y/N No
Total Units 5
Lot Size Square Feet 163350
Waterfront Y/N No
Street Name Winthrop St
Year Built Details Approximate,Renovated Since
Tax Annual Amount 11436
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 987600
Total Actual Rent 4000
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Walk-Out Access,Concrete
Flooring Laminate
Total Fireplaces 2
Total Stories 9
Fireplace Y/N Yes

Exterior Features

Parking Features Paved Drive,Shared Driveway,Stone/Gravel,Paved
Lot Features Corner Lot,Wooded,Gentle Sloping,Level
Water Source Shared Well
Total Parking 20
Lot Size Area 3.75
Foundation Details Concrete Perimeter
Spa No
Building Area Total 13215
Lot Size Acres 3.75
Road Surface Type Paved
Lot Size Units Acres
Covered Spaces 2
Road Frontage Type Public
Road Responsibility Public Maintained Road
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02769

Price
AVG $1.3M
$1.3M
Taxes
AVG $11,436
$11,436
Visits
AVG 343
342
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1982
Walkscore
AVG 21
21
Data Provided by Walkscore® not using MLS data

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