487 Humphrey St Open House

Swampscott,MA 01907

$ 1900000

- Bed

- Bath

3920 SqFt


OPEN HOUSE

Sat Aug 02, 12:00pm - 1:30pm 

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,920 sqft

Price per Sqft $484

MLS Listing ID 73409435

HOA Y/N false

Year Built 2001

Annual Tax Amount $19,612

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Investors and business owners take notice with this 4 Unit, Mixed use property that contains 2, 2-bedroom, residential units, and 2 commercial units. close to the ocean and downtown area. Very well-maintained property with existing owners' business on site. Current owners' family run business uses most of the building but can be reduced to allow leases of the residential 2 bedrooms, and the additional commercial unit. Price does include owners' family run business in the sale price. Please refer to floor plans. Plenty of off-street parking. The location is key, with its proximity to the ocean. Condo conversion potential is outstanding and/or buy as is for investment with the business transfer. Owners willing to stay on and train and stay on as employees as well. Due to owner's use of the building current rent roll is not at market. This is a Turnkey building and business. Taxes and balance sheet on business available with signed NDA.

Location

State MA

County Essex

Zoning B1

Direction GPS directions

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available,220 Volts

Total Parking Spaces 10

Others

Senior Community false

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