174 Pine St new

Holbrook,MA 02343

$ 10500000

72 Beds

36 Baths

31191 SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 31,191 sqft

Price per Sqft $336

MLS Listing ID 73342600

Bedrooms 72

Full Baths 36

Year Built 1965

Annual Tax Amount $52,607

Tax Year 25

Lot Size 2.490 Acres

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

174 Pine Street contains (36) 2-Bedroom/1-Bathroom townhouse units and is comprised of 4 well maintained buildings. The direct entry townhouse units offer full basements with exterior access, ample storage space, individual mechanical systems, and laundry hookups for a washer and dryer. The units are separately metered for electricity, gas fired heat and hot water, and domestic water and sewer. Within the past 10 years, current ownership has completed numerous capital upgrades and renovations to a majority of units (32 of 36 units renovated with new kitchens and bathrooms). Additionally, 25 of the roofs and approximately two-thirds of the parking surface area have been replaced. All windows are vinyl replacement windows, and every unit is equipped with a newly installed rear deck and stairway. The opportunity exists to increase rents to market rates via programmatic updates to the unrenovated units in a highly desirable, supply-constrained market.

Location

State MA

County Norfolk

Zoning R-3

Exterior

Community Features Public Transportation,Shopping,Tennis Court(s),Park,Stable(s),Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,T-Station

Roof Type Shingle

Building

Lot Description Other

Story 6

Foundation Other

Sewer Public Sewer

Water Public

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