13 Richards Avenue

North Attleboro, MA 02760

$2,575,000
Price
28
Beds
12
Baths
1
1/2 Bath
10,108 Sq. Ft.
$255 / Sq. Ft.
10,108
Sq. Ft.
$255
per Sq. Ft.

Description

Investors Don't Miss Out! This North Attleboro Portfolio currently generates $255,000 Gross Income at current rents with a potential of $280,140 at market rents. The portfolio consists of (2) properties, 13 Richards Ave and 35-37 Circular St, consisting of (3) 3-Family homes with 21 Bedrooms and 9 Baths, (1) Single Family home with 3 beds and 1 1/2 baths, and (1) Single Family home with 3 beds and 2 baths. The properties have been wonderfully maintained and have many newer improvements including...Investors Don't Miss Out! This North Attleboro Portfolio currently generates $255,000 Gross Income at current rents with a potential of $280,140 at market rents. The portfolio consists of (2) properties, 13 Richards Ave and 35-37 Circular St, consisting of (3) 3-Family homes with 21 Bedrooms and 9 Baths, (1) Single Family home with 3 beds and 1 1/2 baths, and (1) Single Family home with 3 beds and 2 baths. The properties have been wonderfully maintained and have many newer improvements including kitchens, baths, roof, windows, siding, and includes 28 parking spaces. All units are separately metered and all tenants pay for their heat, hot water and electric. 13 Richards Ave is in downtown North Attleboro and 35-37 Circular is on a quiet side street nearby. Both are conveniently located to major highways. Properties can be purchased individually or as a package, 13 Richards Ave (MLS# 73204164) and 35-37 Circular St (MLS# 73204165).
  1. Listed by The Joni Shore Group • Douglas Elliman Real Estate - Wellesley
  2. Listed by Douglas Nahigian • Douglas Elliman Real Estate - Wellesley

Property Details for 13 Richards Avenue

Town
North Attleboro
Area
MA-North Attleboro
Garage Spaces
0
Parking Spaces
28.00
Parking Spaces Total
28

Location

Listing Courtesy of Douglas Elliman Real Estate - Wellesley, The Joni Shore Group; Douglas Elliman Real Estate - Wellesley, Douglas Nahigian
Add your commute
LISTING UPDATED: 05/16/2024 01:32 PM

Property Details for 13 Richards Avenue

StatusContingent
MLS #73204177
Days on Market85
Taxes$22,156 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1890
CountyBristol County

Location

Listing Courtesy of Douglas Elliman Real Estate - Wellesley, The Joni Shore Group; Douglas Elliman Real Estate - Wellesley, Douglas Nahigian
Add your commute

Building Information for 13 Richards Avenue

Stories4Residences11Year Built1890Building Size-Lot Size0.72 AC / 31,234 SF

Payment Calculator

$15,899 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,053

Property Taxes

$1,846

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13 Richards Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 10108.0
  • SqFt with Basement: No
  • Total Units: 11
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 13.0
  • Num of Full Baths: 12
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 12.50
  • Bathrooms Total Integer: 13
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Level
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Assessment,Taxes and all Property details are based on 13 Richards Ave and 35-37 Circular St combined information. Buyer to perform all of their own due diligence. Broker and Owner make no warranties or representations. Preapproval required before 1st Showing.
Tax Information
  • Assessments: $1,920,700
  • Book: 9999
  • Tax Year: 2024
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 28
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar, Irregular
Income / Expenses
  • Electricity: $1,578.00
  • GOI: $255,000.00
  • Gross Scheduled Income: $258.00
  • Insurance: $8,204.00
  • GRE: $21,387
  • RFS: $6,441
  • NOI: $233,613.00
  • Operating Expense: $21,387.00
  • WSE: $4,906.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 3
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $21,978.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.0

Property History for 13 Richards Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13 Richards Avenue

Taxable ValueLand$210,000Additions$724,800Total$934,800
Tax Record2024$10,788 ($899 / month)
Home Facts
Beds0Lot Size9,977 SqFtStyleSingle Family ResidenceCountyBRISTOLAPNNATT M:0002 B:0055 L:0000

Schools near 13 Richards Avenue

This home is within North Attleborough School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Community Elementary School
PublicK to 5

North Attleborough Middle School
Public6 to 8

North Attleboro High School
Public9 to 12

Roosevelt Avenue Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate - Wellesley, The Joni Shore Group; Douglas Elliman Real Estate - Wellesley, Douglas Nahigian

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.