$1,200,000

818 Bedford St East Bridgewater, MA 02333

Estimated payment $7,571/month

Total Views 12,598
12 Beds
5 Baths
5,326 Sq Ft
$225 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Living Room
  • Property is near public transit
  • Corner Lot
  • Shed

About This Home

Excellent investment opportunity with Amazing Cash Flow! Nestled in a quiet and desirable neighborhood. 5 Family Building with 5,326 SqFt in a great location. Renovated building, all units occupied, currently brings in $12,300 monthly! Entire exterior was Vinyl sided in 2019. New gutters were installed in 2019. Tenants are all TAW, rent includes heat, hot water, and exterior lighting. Each unit has 2 parking spots and 1 outdoor storage unit. Located in a high-demand rental market near public transportation, shopping, and schools, this is an excellent opportunity for investors looking to expand their portfolio.

Listing Agent

Alessandra Lacerda

Mendes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,475

Year Built

  • Built in 1880

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Block Foundation
  • Stone Foundation

Interior Spaces

  • 5,326 Sq Ft Home
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 14 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Gordon Mitchell Elementary School
  • E.B High Middle School
  • E.B High School

Utilities

  • 5 Heating Zones
  • Baseboard Heating
  • Private Sewer

Listing and Financial Details

  • Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water), unit 4(heat hot water)
  • Assessor Parcel Number M:22 P:7,1006775

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Electric Expense $1,080
  • Insurance Expense $2,400
  • Water Sewer Expense $4,800
  • Operating Expense $22,080
  • Net Operating Income $125,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,475

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1880
  • Levels: 7
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Tile, Vinyl, Laminate, Hardwood
  • Interior Amenities: Living Room, Dining Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer, Microwave
  • Total Bedrooms: 12
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Partial
  • Above Grade Finished Sq Ft: 5326
  • Living Area: 5326
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN6013
  • LIST PRICE PER Sq Ft: 225.31
  • PRICE PER Sq Ft: 225.31

Exterior Features

  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 14

Utilities

  • Sewer: Private Sewer
  • Heating: Baseboard
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 5
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public School, T-Station, University
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water), Unit 4(Heat,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4800

Lot Info

  • Parcel Number: M:22 P:7,1006775
  • Zoning: 100
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21780
  • Lot Size Units: Acres
  • PAGE: 35
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10475
  • Tax Book Number: 56847

Multi Family

  • Electric Expense: 1080
  • Gross Income: 147600
  • Insurance Expense: 2400
  • Net Operating Income: 125520
  • Number Of Units Total: 5
  • Operating Expense: 22080
  • Total Actual Rent: 12300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

MLS Schools

  • High School: E.B High School
  • Elementary School: Gordon Mitchell
  • Middle Or Junior School: E.B High School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2025 03/09/25 For Sale $1,200,000 +34.8% $225 / Sq Ft
05/25/2022 05/25/22 Sold $890,000 +4.7% $167 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $850,000 +100.0% $160 / Sq Ft
07/31/2013 07/31/13 Sold $425,000 -15.0% $80 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $499,900 -- $94 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73343081

MLS Property Information Network (MLS PIN)