CCertihomes
173-175 South St, Plainville, MA 02762

$875,000

0 beds 4 baths Built 2006Active

About this home

Attention investors! Discover a unique commercial investment opportunity in Plainville's shopping district along Route 1A. This portfolio, set on a 0.53-acre lot, includes two properties perfect for both owner-occupant and seasoned investors.Property #1: 2, 100 sq ft multi-family home with two units (0ne 4 bed & one 1 bed unit), offering charming architectural elements and potential for cosmetic updates.Property #2: 1, 865 sq ft commercial building, constructed in 2006 is in excellent condition, fully leased until December 2024. Both properties boast full occupancy; the 4 bed unit is leased until June 2025, with the one bed unit on a TAW agreement. Located 2.5 miles from Wrentham Premium Outlets, enhancing its investment appeal due to high traffic. The modern, well-maintained commercial building offers an attractive space for businesses.This portfolio offers stability and growth prospects in a thriving area. Don't miss this exceptional investment

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,904/mo

Real estate (PITI + HOA + PMI)
$7,409
Principal + interest$3,969
Property tax + insurance$3,112
PMI / 2nd mortgage$328
Utilities
$1,224
Heating + cooling$450
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$107
Car insurance + maintenance$107
Other (entertainment)
$158
$7,904/mo TLC
Budget$8,404/mo
Remaining after TLC$500/mo
Purchase price
$875,000
Down payment
$43,750 (5%)
Loan amount
$831,250
APR
4%

Quick facts

Type
COM
Style
Year built
2006
Lot size
0.53 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$16,075
MLS #
73210029
County
Norfolk

Neighborhood — 02762

MetricThis ZIPCountyUSA
Population7,5886,444,931299,088,112
Population Change Since199022.00%7.00%20.00%
Population Density671786
Male3,7393,127,134147,432,321
Female3,8493,317,797151,655,844
Never Married1,4211,612,88563,775,926
Married3,4542,586,314123,120,365
Separated126247,85712,639,686
Widowed373363,59415,467,586
Divorced605436,88823,075,029
Number Of House Hold2,9672,431,591111,826,380
Average House Hold Size2.532.562.60
Medial Age37.9237.2535.46
Median House Hold Income$67,688$57,698$48,276
Average House Hold Income$75,735$75,023$63,629
P C I$29,790$29,196$24,529
M D I$55,815$48,105$41,133
A T H E$58,048$57,083$50,898
S T R5.00%5.00%
W C J78.15%81.38%77.74%
(Zip) Code
2762

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 3/7/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.