3 Porrazzo Road

Hull, MA 02045

$795,000
Last Sold Price
21
Beds
9
Baths
10,640 Sq. Ft.
$75 / Sq. Ft.
10,640
Sq. Ft.
$75
per Sq. Ft.

Description

Rare opportunity to own a portfolio of multi-family properties in one great location. A total of nine (9) units in three (3) adjacent buildings atop a hill overlooking the Atlantic Ocean and Nantasket Beach. Excellent location with access to public transportation, beaches, shopping and restaurants. This is an excellent investment opportunity with great rental history and significant upside. Opportunity to significantly raise rates. There is designated parking for 9 cars. Priced to sell!Rare opportunity to own a portfolio of multi-family properties in one great location. A total of nine (9) units in three (3) adjacent buildings atop a hill overlooking the Atlantic Ocean and Nantasket Beach. Excellent location with access to public transportation, beaches, shopping and restaurants. This is an excellent investment opportunity with great rental history and significant upside. Opportunity to significantly raise rates. There is designated parking for 9 cars. Priced to sell!
  1. Listed by Stephen Brady • Custom House Realty Group

Property Details for 3 Porrazzo Road

Town
Hull
Area
MA-Hull
Garage Spaces
0
Parking Spaces
9.00
Parking Spaces Total
9

Location

Listing Courtesy of Custom House Realty Group, Stephen Brady

Sold By Coldwell Banker Realty - Hull, Justine Augenstern

Add your commute
LISTING UPDATED: 08/06/2022 05:27 AM

Property Details for 3 Porrazzo Road

StatusSold
MLS #71291990
Days on Market285
Taxes$11,837 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1819
CountyPlymouth County

Location

Listing Courtesy of Custom House Realty Group, Stephen Brady

Sold By Coldwell Banker Realty - Hull, Justine Augenstern

Add your commute

Building Information for 3 Porrazzo Road

Stories6Residences9Year Built1819Building Size-Lot Size0.32 AC / 13,809 SF

Payment Calculator

$5,325 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,339

Property Taxes

$986

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3 Porrazzo Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 10640.0
  • Color: Beige
  • Total Units: 9
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Gas Water Heater, Utility Connections for Gas Range
  • 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
  • Flooring: Wood, Carpet, Laminate, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room), Unit 3 Rooms(Living Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Bay, Ocean, Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Cooling: No
  • Electric: 110 Volts, Individually Metered
  • Heating: Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public, City/Town Water
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Vinyll siding to one building to be completed prior to sale. Five of the units have been de-leaded.
Tax Information
  • Tax ID: M:00034 P:00083A,4287358
  • Assessments: $1,032,000
  • Book: 1617
  • Tax Year: 2010
  • Zoning: Business
Building / Association Information
Living Characteristics
  • Beds Total: 21
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Granite
  • Foundation Area: 1080.0
  • Cooling Units: 9
  • Cooling Zones: 9
  • Heat Units: 9
  • Heat Zones: 9
Income / Expenses
  • Electricity: $6,000.00
  • Annual Expenses Source: Owner
  • GOI: $134,400.00
  • Gross Scheduled Income: $.00
  • Insurance: $7,000.00
  • GRE: $42,000
  • HTE: $0
  • MGF: $5,300
  • MSE: $600
  • RFS: $1,200
  • RME: $3,500
  • NOI: $92,400.00
  • Operating Expense: $42,000.00
  • WSE: $7,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $11,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5%
  • Other Agent Compensation: 2.5%

Property History for 3 Porrazzo Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3 Porrazzo Road

Taxable ValueLand$432,000Additions$1,008,000Total$1,440,000
Tax Record2024$16,776 ($1,398 / month)
Home Facts
Total Finished SqFt10,640 SqFtAbove Grade Finished SqFt10,640 SqFtStories3Lot Size13,809 SqFtStyleMulti-Family Res (5+ Units)Year Built1918ZoningSFACountyPLYMOUTHAPNHULL M:00034 P:00083-A

Schools near 3 Porrazzo Road

This home is within Hull School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lillian M. Jacobs Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Hull High School
Public9 to 12

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Custom House Realty Group, Stephen Brady

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.