126 West St

Norfolk County MA 02072

2006 sq. ft.

47916 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Whether you're an investor seeking an established income-producing property or an owner-occupant looking for rental income to help offset housing costs, this property offers a hard-to-find combination of income, land, parking, and storage. This property has been actively maintained over the years, but is an older home that will need TLC and is being sold AS-IS. Each unit features 2 bedrooms and 1 bathroom, with both units currently rented at $2,100/month, providing $50,400 in annual gross rental income. The property has remained fully occupied since 2020. Both tenants are long-term Tenants at Will with established rental histories and no missed payments. Utilities (heat and electric) are separately metered for each unit. Set on over an acre of land, the property offers a rare amount of outdoor space for a two-family property, with a sprawling backyard providing room for pets, play, gardening, outdoor activities, or entertaining. Two separate driveways provide ample parking, while the three-story barn offers exceptional storage space. Both oil tanks and one hot water heater were replaced within the past few years, many cosmetic upgrades, and most windows are energy efficient. Please do not walk the property or disturb the tenants without an appointment. GROUP SHOWINGS BY APPOINTMENT ONLY: Saturday, September 12, 11:00 AM–12:30 PM Sunday, September 13, 12:00–1:30 PM. Listing Agent is a trustee of the seller.