Christine Powers - Coldwell Banker Residential Brokerage - Cohasset

26 Fairmount Way, Hull, MA 02045

Multi-Family

$580,000
Price

2
Units
1,588
Approx. GLA
LOCATION, LOCATION, LOCATION! Donít miss the opportunity to own this well maintained 2 Family property with a solid rental history, sitting on Sagamore Hill above the flood zone, and only 5-minute walk to Nantasket Beach, local stores & restaurants. Buy for great income with high quality tenants OR turn this into your new beach home after the leases expire on August 31st, 2022. Tenants pay for their own electricity, internet and sanitation. Owner(s) pay for water & sewage, and gas for Unit B tenant only. New electric heat (Unit A), new counters (Unit A & B), new dishwasher and dryer (Unit B). All appliances are included.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Partial
List Price: $580,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Active
Beds: 3
Baths: 2
Units: 2
Year Built: 1920
Year Round: Yes
Approx. GLA: 1,588
MLS#: 72895511
 
 
Interior
Basement: Yes
Electric Features: Circuit Breakers
Flooring: Wood, Tile, Vinyl, Hardwood, Pine
Rooms: 8
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Facing: Southwest
Acres: 0.08
Lot Size: 3,600.00
Lot Description: Gentle Slope
Foundation: Poured Concrete
Parking Spaces: 3
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Wood
Exterior Features: Garden Area, City View(s), Deck - Wood, Porch, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $396,200
Taxes: $5,024
Tax Year: 2021
Book/Page: 48908/118
School
Grade School: Lillian Jacobs
Middle School: Memorial Middle
High School: Hull High
Beach
Beach: Yes
Miles to Beach: 1/10 to 3/10
Beach Description: Ocean
Beach Ownership: Public
Expenses
Expenses Source: Owner Provided
Gross Income: $37,380
Gross Expenses: $7,027
Total Rent: $3,115
Net Income: $30,353
Gas Cost: $489
Insurance Cost: $2,358
R&M Cost: $345
Sewer Cost: $2,648
Water Cost: $1,187
 
 
Additional
Disclosure Declaration: No
Disclosure: New Roof 2012Boiler rep laced 2008New Hot Water Heater 2015New appliances Unit #2 (2nd floor)Refrigerator 2016Washer & Dryer 2014Gas Range 2014
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 1 0 1 1 0 Yes 1 $1,500
Unit 2 5 2 0 2 1 0 Yes 1 $1,615
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Refrigerator, Washer / Dryer Combo  Heating:  Electric Baseboard  Interior:  Bathroom with Shower Stall, Hardwood Floors, High Speed Internet Hookup, Upgraded Cabinets, Cable TV Available, Balcony/Deck  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Dishwasher, Refrigerator, Washer, Dryer  Heating:  Oil, Unit Control  Interior:  Bathroom with Shower Stall, Open Floor Plan, Hardwood Floors, High Speed Internet Hookup, Picture Window, Upgraded Cabinets, Wood Flooring, Walk-In Closet, Cable TV Available, Pantry, Balcony/Deck  Rooms:  Living Room, Kitchen, Mudroom 
Common
Rooms:  Other (See Remarks) 
The listing office is eXp Realty and the listing agent is An Phan. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/7/2021 7:05:00 AM.
 
Christine Powers
Christine Powers
Coldwell Banker Residential Brokerage - Cohasset