40 Summer St Pending Save Request In-Person Tour Request Virtual Tour
Bridgewater,MA 02324
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Pending
Purchase Type For Sale
Square Footage 8,167 sqft
Price per Sqft $293
MLS Listing ID 73300707
Bedrooms 11
Full Baths 11
Half Baths 2
Year Built 1938
Annual Tax Amount $19,770
Tax Year 2024
Lot Size 0.980 Acres
Property Description
The Lofts @ Summer Street (40 Summer Street) consists of a four-story building with ten (10) residential units comprised of one (1), 2-Bedroom/2-Bathroom unit, two (2), 1-Bedroom/1.5 Bathroom units, and seven (7), 1-Bedroom/1-Bathroom units. The Property is situated on a 0.98-acre parcel of land with twenty-two (22) on-site parking spaces available for tenants and guests. A transformative gut renovation of the Property was completed in 2019 where the entirety of the buildings envelope, interiors, mechanicals, and fire system were updated. The building is separately metered for heat and electricity which the tenants pay directly. All units feature PTAC heating and air conditioning systems. The Landlord is responsible for common area heat and electric, hot water, and domestic water and sewer. The Lofts @ Summer Street offers the opportunity to acquire a well-located, fully leased, turn-key asset, that is poised for income growth.
Location
State MA
County Plymouth
Zoning CBD
Interior
Cooling Other
Exterior
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,Highway Access,House of Worship,Public School,T-Station,University
Roof Type Shingle,Rubber
Building
Lot Description Other
Story 8
Foundation Other
Sewer Public Sewer
Water Public