Lindsay Greenberg - Vicky & Team
Price Reduced 9.38%
1901 County St, Dighton, MA, 02715
0 beds
1983
22,291 sqft
***APPROVED FOR 16 APARTMENTS (MARKET RATE) ON 2ND FLOOR!! Welcome to "DIGHTON CENTRE" strip mall...The details of this beautifully remodeled, and meticulously maintained property becomes evident immediately upon entering the parking lot. 1st floor consists of 10 units. 9 of the 10 units are occupied (only vacant unit is owners unit). Long term tenants. Additional income from billboard. The septic system has a design flow of 4,150 GPD. A "Special Permit" to construct 16 apartments on the 2nd floor has been granted by the Dighton Planning Board. Nice elevator leads to 2nd floor lobby. This property could easily achieve a 10%, or more, cap rate with build out of 2nd floor for apartments or commercial space. 2nd floor lobby and hallway leading to 6 apartments or 6-12 commercial units recently completed. The right side of the 2nd floor can be framed out for apartments or commercial space using the modular wall units included with sale. Or leave it wide open for a larger commercial entity
Status:
Active
Type:
Multi-family
Units:
0
Zoning:
C
Levels:
2
Parking:
Paved Drive, Off Street
Acreage:
1.86
Est. Taxes:
$25,161
Assessment
$946,600
Lot Description:
Corner Lot
MLS #:
73229582
Buyer Agent Compensation:
2%%
Facilitator Compensation:
0
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No