38-42 Elm Street, Easton, MA 02356



Approx. GLA
NEW CONSTRUCTION - Elm Street Apartments completed in 2018. The 4 apartment property is comprised of 2 buildings. The front building hosts (2) 2-bedroom, 1.5 baths and the rear building includes (2) 3-bedroom, 1.5 baths duplex apartments. The spacious open first floor plan feature new kitchens and dining rooms with beautiful quartz countertops and backsplashes, new energy-efficient Samsung electric appliances, new hardwood floors throughout and a large half-bath. The upstairs feature the bedrooms with ample closet space, full quartz bathroom and additional storage in attic/basements. Both buildings have all new siding, roofs, plumbing, electrical, insulation, septic systems, oil/forced hot water systems and LED lighting throughout. Additional amenities include off-street parking spaces, new Samsung washer and dryers and private outdoor patio/deck space. Turn key, easy to manage, cash-flowing asset with significant upside for buyers!
Open House
No scheduled Open Houses
Basement Features: Full
List Price: $1,495,000
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Side by Side
Status: Active
Beds: 10
Baths: 4
Half Baths: 4
Units: 4
Year Built: 2018
Approx. GLA: 4,480
MLS#: 72366798
Basement: Yes
Heating Units: 4
Flooring: Wood, Tile
Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
Hot Water: Oil
Rooms: 34
Lead Paint: None
Total Floors: 2
Water: No
Acres: 0.37
Lot Size: 16,117.00
Lot Description: Other (See Remarks)
Foundation: Poured Concrete
Parking Spaces: 8
Parking Features: Off-Street
Road Type: Public, Paved
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Exterior Features: Deck - Wood, Porch, Patio, Professional Landscaping
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $141,400
Taxes: $9,251
Tax Year: 2018
Book/Page: 24097/185
Beach: No
Expenses Source: Owner Provided
Gross Income: $112,800
Gross Expenses: $16,671
Total Rent: $9,400
Net Income: $96,129
Insurance Cost: $2,400
R&M Cost: $2,000
Water Cost: $1,200
Disclosure Declaration: No
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 8 3 0 1 1 1 Yes 2 $2,750
Unit 2 8 3 0 1 1 1 Yes 2 $2,750
Unit 3 8 2 0 2 1 1 Yes 1 $1,950
Unit 4 8 2 0 1 1 1 Yes 1 $1,950
Units Extras
Rooms:  Other (See Remarks) 
The listing office is Marcus & Millichap Real Estate Investment Services and the listing agent is Matthew Pierce. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. and it's 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. The data was last modified on 11/20/2018 11:05:00 AM.
JoAnn M. Drabble
JoAnn M. Drabble
Broker Associate, ABR
RE/MAX Welcome Home