505 Washington Street

Canton, MA 02021

$800,000
Last Sold Price
5
Beds
4
Baths
3,692 Sq. Ft.
$217 / Sq. Ft.
3,692
Sq. Ft.
$217
per Sq. Ft.

Description

4 FOUR UNIT MULTIFAMILY Investment property! Fully occupied units. You have got to see this property. Two 1 bedroom units, One 1 bedroom + office unit, One 2 bedroom + Office unit. Selling "as-is". Perfect renter location! Close to shopping, restaurants, laundry, medical/dental, entertainment, commuter rail, highways, and outdoor activities. Perfect for first-time Investors - Live in one unit, rent the other units. Area fair market rents: 1bd $1986+, 2bd $2399 - Great potential for 5%+ CAP rates!...4 FOUR UNIT MULTIFAMILY Investment property! Fully occupied units. You have got to see this property. Two 1 bedroom units, One 1 bedroom + office unit, One 2 bedroom + Office unit. Selling "as-is". Perfect renter location! Close to shopping, restaurants, laundry, medical/dental, entertainment, commuter rail, highways, and outdoor activities. Perfect for first-time Investors - Live in one unit, rent the other units. Area fair market rents: 1bd $1986+, 2bd $2399 - Great potential for 5%+ CAP rates! Here today, gone tomorrow... Don't wait. Group showings begin on Thursday!

Property Details for 505 Washington Street

Town
Canton
Area
MA-Canton
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4

Location

Add your commute
LISTING UPDATED: 01/03/2023 09:41 AM

Property Details for 505 Washington Street

StatusSold
MLS #73051632
Days on Market20
Taxes$7,113 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1840
CountyNorfolk County

Location

Add your commute

Building Information for 505 Washington Street

Stories6Residences4Year Built1840Building Size-Lot Size0.11 AC / 4,920 SF

Payment Calculator

$4,959 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$593

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Washington Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Current Financing: Cash
  • Living Area: 3692.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Basement Features: Interior Access, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Carpet, Varies Per Unit, Laminate, Hardwood
  • Interior Features: Other (See Remarks), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Kitchen, Office/Den), Unit 4 Rooms(Living Room
  • Interior Features: Other (See Remarks)
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Easements
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street, Common, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street, Common, Paved Driveway
  • Parking Features: Off-Street, Common, Paved Driveway
Utilities
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Cooling: Yes
  • Electric: Individually Metered
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Disclosures: Driveway easement. Selling "As-Is". Water/sewer & plowing included in rent. All renters TAW. Area fair market rents: 1bd $1986+,2bd $2399+. Potential for 5+ CAP rate.
Tax Information
  • Tax ID: M:25 P:62,52204
  • Assessments: $626,700
  • Book: 0
  • Tax Year: 2022
  • Zoning: B
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $63,000.00
  • NOI: $63,000.00
Complex & Association Information
  • Adult Community: No
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: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,250.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 505 Washington 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 505 Washington Street

Taxable ValueLand$251,000Additions$479,600Total$730,600
Tax Record2024$7,284 ($607 / month)
Home Facts
Total Finished SqFt3,692 SqFtAbove Grade Finished SqFt3,692 SqFtStories2Lot Size4,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1840Year Renovated1977ZoningBCountyNORFOLKAPNCANT M:25 P:62

Schools near 505 Washington Street

This home is within Canton 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
Dean S. Luce Elementary School
PublicK to 5

Wm H Galvin Middle School
Public6 to 8

Canton High School
Public9 to 12

John F. Kennedy 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.

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.