Shari Marquis - Coldwell Banker Residential Brokerage - Plymouth | 617-201-5782 | shari.marquis@nemoves.com

949 State Rd, Plymouth, MA 02360

Manomet

Multi-Family

$679,000
Price
$600,000
Sale Price

5
Units
999
Approx. GLA
Waterfront on Fresh Pond! calling all investors!!!This is the site of the historical Brown Bear Motel, a very popular social scene in the post World War 2 era. It was converted into 7 apartments in the mid 1980's and 2 were destroyed in a fire several years ago. They were not rebuilt at that time. There are currently 5 apartments. 4 are leased and there is one recent vacancy.2 units were rehabbed in 2016 and one in 2017. There is over 169 linear feet of frontage on Fresh Pond with amazing views. Great opportunity for development! Schedule your appointment today!
Highlights
Terms: Contract for Deed
Sale Price: $600,000
Settled Date: 10/1/2018 12:00:00 AM
Area/Village: Manomet
List Price: $679,000
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Side by Side
Status: Sold
Beds: 5
Baths: 5
Units: 5
Year Built: 1950
Year Round: Yes
Approx. GLA: 999
MLS#: 72257884
Interior
Basement: No
Electricity Cost: $1,023
Heating Units: 5
Rooms: 12
Lead Paint: Unknown
Total Floors: 1
UFFI: Unknown
Exterior
Water: Yes
Acres: 1.29
Lot Size: 56,192.00
Lot Description: Level, Scenic View(s)
Foundation: Slab
Waterfront: Lake
Parking Spaces: 10
Parking Features: Off-Street
Road Type: Public
Color: bl/grey
Construction: Frame
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Title 5: Buyer's Responsibility
Lender Owned: No
APOD Available: Yes
Assessed Price: $486,500
Taxes: $8,263
Tax Year: 2017
Book/Page: 6356/263
Warranty Available: No
Beach
Beach: Yes
Miles to Beach: 0 to 1/10 Mile
Expenses
Expenses Source: Owner Provided
Gross Income: $58,524
Gross Expenses: $26,102
Net Income: $32,422
Insurance Cost: $3,657
Refuse Cost: $1,691
R&M Cost: $16,688
Misc. Cost: $3,043
 
Additional
Amenities: Public Transportation
Disclosure Declaration: No
Disclosure: being sold as is with tenants in place
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 No 1 $845
Unit 2 3 1 0 1 1 0 Yes 1 $1,509
Unit 3 3 1 0 1 1 0 Yes 1 $1,158
Unit 4 1 1 0 1 1 0 No 1 $625
Units Extras
Unit 1
Heating:  Gas, Electric 
Unit 2
Rent Includes:  Heat  Heating:  Gas, Electric 
Unit 3
Heating:  Gas, Electric 
Unit 4
Heating:  Electric 
Map
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The listing office is Coldwell Banker Residential Brokerage - Plymouth and the listing agent is Sharren T Marquis. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/18/2018 3:35:00 AM.
 
Shari Marquis
Shari Marquis
Associate Broker
Coldwell Banker Residential Brokerage - Plymouth