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$2,575,000   Price Analysis
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13 Richards Ave and 35-37 Circular
North Attleboro, MA 02760
28 bed 13 bath 10,108 SqFt ($254/SqFt)
0.72 acre lot. Built 1890
Listed 2024-02-21
Ⓧ USDA Ineligible
due to price & location

near North Attleboro

Investors Don't Miss Out!

This North Attleboro Portfolio currently generates $255, 000 Gross Income at current rents with a potential of $280, 140 at market rents. The portfolio consists of (2) properties, 13 Richards Ave and 35-37 Circular St, consisting of (3) 3-Family homes with 21 Bedrooms and 9 Baths, (1) Single Family home with 3 beds and 1 1/2 baths and (1) Single Family home with 3 beds and 2 baths.

The properties have been wonderfully maintained and have many newer imprvements including kitchens, baths, roof, windows, siding and includes 28 parking spaces. All units are separately metered and all tenants pay for their heat, hot water and electric. 13 Richards Ave is in downtown North Attleboro and 35-37 Circular is on a quiet side street nearby. Both are conveniently located to major highways. Properties can be purchased individually or as a package, 13 Richards Ave (MLS# 73204164) and 35-37 Circular St (MLS# 73204165).


Presented by The Joni Shore Group at
Douglas Elliman Real Estate.


Property MLS #73204177 from MLSPIN

Bedrooms: 28

Total Rooms: 50

Total Bathrooms: 12.5
Full Bathrooms: 12
1/2 Bathrooms: 1

Lot Description: Level
Lot Size Acres: 0.72
Lot Size Square Feet: 31234

Open Parking: Yes
Parking Features: Off Street, Paved
Parking Total: 28

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 255000
Gross Scheduled Income: 258

Number of Units: 11

Annual Tax Amount: 22156
Source Listing Status: Active
County: Bristol
Directions: Properties located at 13 Richards Ave and 35-37 Circular St.
Tax Year: 2024
Source Property Type: Residential Income
Insurance Expense: 8204
Zoning: R
Property Subtype: 5-9 Family
Source System Name: C2C

Price Changed 2024-04-16
$2,575,000
MLSPIN
Price Changed 2024-04-13
$2,600,000
MLSPIN
Price Changed 2024-03-29
$2,690,000
MLSPIN
Price Changed 2024-03-19
$2,899,000
MLSPIN
Listed 2024-02-21
$2,999,900
MLSPIN

Net Operating Income: 233613
Operating Expense: 21387

Year Built: 1890
Building Area Total: 10108
Building Area Units: Square Feet
Foundation Details: Stone, Brick/Mortar, Irregular
Property Age: 134
Levels or Stories: 4
Year Built Details: Approximate
Year Built Source: Public Records

Electric Expense: 1578
Sewer: Public Sewer
Water Sewer Expense: 4906
Water Source: Public

North Attleboro High School is a public high school located approximately 1.2 miles away.
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St Mary-Sacred Heart School is a private elementary and middle school located approximately 0.1 miles away.
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Community Elementary School is a public elementary school located approximately 0.1 miles away.
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North Attleborough Middle School is a public middle school located approximately 1.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.