43 Baptist Street Swansea

$997,000
6 4 4,557 sq ft

The Property

Turnkey Legal 5 Unit apartment building. Rare opportunity, location is highly desirable, located on a dead end street just one minute from interstate I195 and route 6 Seekonk. Prime investment location close to highway access, Bristol and Warren, and all major local cities. The property is made up of 2 buildings, a 4 unit building and the other is a single family home.

Situated on 6 acres of land, lots of common area lawn space, plenty of assigned off street parking, and acres of wooded tree space. Excellent mix of 3 1bd 1 bath units and 2 2 bed 1 bath units. All mechanicals are newer and in perfect working condition. The 4 unit building has vinyl siding, new roof, full basement with washer and dryer connections for the tenants along with storage areas. The Single family home features new paint inside and out, new roof, and new flooring. Tenants pay their electric, heat and hot water. Tenancy is always 100% with most tenants remaining for several years. Current rents are well below market value leaving room for the new owner to capitalize on immediate upside gains. The 4 unit has a central fire alarm system, hardwired throughout, with a monitoring system in place up to current codes. This is a very rare opportunity to acquire this many units in a great area requiring no repairs and with a strong rental history.

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Listing Details

MLS Number

1400772

Lot Size:

5.99 acres

Features

  • Basement: Full, Interior Only, Unfinished, Common, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Patio
  • Fireplace: Brick
  • Heating: Oil, Baseboard, Forced Water
  • Heating Fuel: Oil, Baseboard, Forced Water
  • Laundry
  • Horse Permitted
  • Wooded
  • Year Built: 1880

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Market Trends for Single Family Homes
in Swansea

  • Overview
    Homes for Sale Today4-94.7% decrease in inventory
    New on Market *3200% increase in new listings
    Avg. Asking Price/Sq.Ft. *$299.29$632 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Realty Plus, Inc.

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