285 Winthrop Street, Rehoboth, MA 02769

$2,050,000
12
BA
12,719
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,050,000
Status
NEW
MLS#
73564307
Year Built
1976
Bathrooms
12
Acres
0.77
Living Area
12,719

Property Description

Prime Mixed-Use Investment Opportunity on Highly Traveled Route 44! 10 Fully rented income-producing units! This exceptional income-producing property offers a rare combination of commercial and residential space in a high-visibility location with excellent frontage and exposure. Situated on approximately 33,377± square feet, the property is improved by two interconnected steel-framed buildings with durable concrete block construction, totaling approximately 13,224± square feet of gross building area. The property features 10 Fully rented income-producing units, including 8 commercial units and 2 residential apartments, providing a diverse tenant mix of retail, industrial, and residential uses. Building 1 offers approximately 4,220± square feet, while Building 2 encompasses approximately 9,004± square feet, allowing flexibility for a wide range of businesses and investment strategies. Extensively maintained and thoughtfully improved, this property has seen numerous capital improvements throughout the years, making it an outstanding opportunity for investors seeking a well-cared-for asset with long-term upside. A NEW septic system will be installed, providing added value and peace of mind for the next owner. The buildings have been well maintained, minimizing future capital expenditures while maximizing investment potential. With its strategic location on busy Route 44, strong visibility, ample on-site parking, this property is ideally positioned for continued occupancy and future growth. Whether you’re looking to expand your investment portfolio, complete a 1031 exchange, or occupy one or more units while generating rental income from the remainder, this versatile mixed-use property presents an exceptional opportunity!

Additional Information

Taxes
$9,475
Lot Size
33,377

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Raquel Senecal from Listing Office: Blu Sky Real Estate.

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, landlords 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.