55-59 Margaret St
$579,900
11
Beds
4/1
Baths
4,500
Sqft
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$579,900
11
Beds
4/1
Baths
4,500
Living Area
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Property Description
Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. There will be one vacant unit at closing! The other units have reliable tenants, so it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing, income-producing asset. Well cared for and consistently maintained, this property presents a turnkey opportunity for both seasoned investors and those looking to grow their portfolio. There is also potential to expand the attic, offering added value and additional possibilities. Conveniently located near local amenities, shopping, dining, and transportation, making it highly attractive for renters.
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Highlights
- Area: So End Central
- Heating: Electric, Natural Gas
- Property Class: Residential Income
- Stories: 4
- Year Built: 1923
- Cooling: Window Unit(s)
- Levels: 4
- Property Type: 4 Family
- Total Rooms: 19
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Brick/Mortar
- Lot Features: Cleared, Level
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
- Basement: Unfinished
- Flooring: Wood, Tile, Vinyl
- Interior Features: Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Lead Certification Available, Living Room, Kitchen
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $386,300
- Tax Year: 2025
- Total Rent: $8,400
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $6,430
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Listing information provided courtesy of Coldwell Banker Realty - Western MA.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.