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30 Intervale StreetBrockton, MA 02302Price: $1,399,900

  • Price: $1,399,900
  • Est. Mortgage of $/month
  • 124 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,399,900List Price
  • 20Bedrooms
  • 15Bathrooms
  • 0.24Acreage
  • 1900Year Built
  • 24,000Square Feet

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According to seller, this is approved to a total of 15 units. The breakdown are as follows: Six 3 beds, 6 two beds, 3 one beds, which should generate about $374,000+ a year once completed. This is truly shovel ready. Just pay the permit fee, and start construction all approved by the city to start construction. Full plans will be sent upon request. For the right buyer/investor, this will be a wonderfully modern asset, and once build it will have virtually no maintenance requirements and an amazing return. The property pro forma attached is assuming a $3.5 million dollar loan after construction with a $5.2 million dollar valuation. Buy: $1.5MBuild: $1.9MARV: $5-5.2MTake a look at this cool video from the seller https://youtu.be/CxZZu6ywOGUProforma is assuming a refinance loan of approx $3.5M with an appraised value of $5.2M. In the event the buyer leaves 20% in the deal, the cash on cash return is approx. 12% year one. Moist figures: Assessed Value, Sizes, tax are all estimates.

Property Details of 30 Intervale Street

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Listed by Adelino Vicente of Vicente Realty,LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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