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$3,800,000
29
Beds
17
Baths
12,528
Living Area
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Property Description
303 Broadway is a three-story brick building containing 17 units comprised of (12) 2-Bedroom/1-Bathroom units and (5) 1-Bedroom/1-Bathroom units. The Property also features storage in the basement for tenants, an on-site laundry facility, and parking for 17 vehicles. The Property is separately metered for electricity and gas fired heat (hot water baseboard) which the tenants pay, the Landlord pays for common area electric, hot water, and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
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Highlights
- Parking Spots: 17
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1970
- Property Class: Residential Income
- Total Rooms: 63
- Status: Closed
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Additional Details
- Foundation: Brick/Mortar
- Total Number of Units: 17
- Year Built Source: Public Records
- Roof: Shingle
- Year Built Details: Actual
- Zoning: Bd
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School
- Parking Features: Paved Drive, Off Street, Assigned
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $3,286,000
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $27,810
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)
- Taxes: $34,602
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
