231 Main Street

Easton, MA 02356

$1,350,000
Last Sold Price
12
Beds
9
Baths
6,904 Sq. Ft.
$196 / Sq. Ft.
6,904
Sq. Ft.
$196
per Sq. Ft.

Description

Rare investment opportunity in historic north easton! "Langwater Apartments" consists of 2 Apt. Buildings totaling 9 apartment units sitting on 1.12 acres of land. Building 1 consists of 5-1BR , 1 studio apt, 1 - 2BR apts. Building 2 consists of 2- 2BR townhouse style apts. Lovely setting that abutts NRT trails, walk to downtown restaurants/businesses. Based on comps in the area, the Current Market Value for these rentals is in the vicinity of $151,000 gross per year and $12,600 gross per month....Rare investment opportunity in historic north easton! "Langwater Apartments" consists of 2 Apt. Buildings totaling 9 apartment units sitting on 1.12 acres of land. Building 1 consists of 5-1BR , 1 studio apt, 1 - 2BR apts. Building 2 consists of 2- 2BR townhouse style apts. Lovely setting that abutts NRT trails, walk to downtown restaurants/businesses. Based on comps in the area, the Current Market Value for these rentals is in the vicinity of $151,000 gross per year and $12,600 gross per month. Parking for approx 13-15 cars, large unfinished basement for storage/ work area with existing coin-op laundry room. Ability to hook up to North Easton Village Sewer District. Showings by appointment only!
  1. Listed by Elizabeth Kenney • Kenney & Pires Realty, LLC

Property Details for 231 Main Street

Town
Easton
Area
MA-Easton
Garage Spaces
0
Parking Spaces
15.00
Parking Spaces Total
15

Location

Listing Courtesy of Kenney & Pires Realty, LLC, Elizabeth Kenney

Sold By Kenney & Pires Realty, LLC, Elizabeth Kenney

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LISTING UPDATED: 08/10/2022 05:59 PM

Property Details for 231 Main Street

StatusSold
MLS #72983119
Days on Market22
Taxes$11,369 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1910
CountyBristol County

Location

Listing Courtesy of Kenney & Pires Realty, LLC, Elizabeth Kenney

Sold By Kenney & Pires Realty, LLC, Elizabeth Kenney

Add your commute

Building Information for 231 Main Street

Stories7Residences9Year Built1910Building Size-Lot Size1.12 AC / 48,787 SF

Payment Calculator

$8,315 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$947

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 231 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access
  • Current Financing: Conv. ARM
  • Living Area: 6904.0
  • SqFt with Basement: No
  • Total Units: 9
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Oil Water Heater, Gas Water Heater
  • Basement Features: Full, Walk Out, Concrete Floor
  • Num of Baths: 9.0
  • Num of Full Baths: 9
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 9.00
  • Bathrooms Total Integer: 9
  • FireplaceYN: No
  • Fireplaces: 0
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer, Private Sewerage, Other (See Remarks)
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Building Being Sold “as Is “ Condition. 2 Buildings On 1 Parcel . Business Zoned. Sewer Betterment Loan To Be Assumed By Buyer. Building 1 Passes Title V. (7 Uits)building 2 Does Not Pass Title V And Will Need To Hook Up To Town Sewer.
Tax Information
  • Tax ID: M:0017U B:0150 L:0000,2805167
  • Assessments: $738,700
  • Book: 7521
  • Tax Year: 2022
  • Zoning: BUS
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone, Other
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $128,100.00
  • GRE: $46,882
  • NOI: $76,100.00
  • Operating Expense: $46,882.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,675.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 231 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 231 Main Street

Taxable ValueLand$335,500Additions$1,043,800Total$1,379,300
Tax Record2024$18,414 ($1,534 / month)
Home Facts
Lot Size48,787 SqFtStyleMulti-Family Res (5+ Units)CountyBRISTOLAPNEAST M:0017U B:0150 L:0000

Schools near 231 Main Street

This home is within Easton School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Moreau Hall Elementary School
PublicPK to 2

Easton Middle School
Public6 to 8

Oliver Ames High School
Public9 to 12

Parkview Elementary School
PublicPK to 2

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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Listing Courtesy of Kenney & Pires Realty, LLC, Elizabeth Kenney

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.