Multifamily Money-Maker Just Listed In Braintree

BRAINTREE, MA -- Calling all investors: This Braintree property just hit the market, and it's ready for tenants or a round of upgrades. Each of the three apartments has two bedrooms, a full bathroom, hardwood floors and its own porch.

• Address: 24-26-28 Academy St, Braintree, Massachusetts
• Price: $1,350,000
• Square Feet: 3996
• Bedrooms: 6
• Bathrooms: 3 Baths
• Built: 1907
• Features: HERE'S AN INVESTMENT OPPORTUNITY NOT TO BE MISSED! Classic & distinctive 3 family on a side street only 1/8 mile from Braintree T/Commuter Rail & near town parks. Each unit has 5 rooms, 2 bedrooms, full bath, pantry, plenty of closet & storage space, hardwood floors, large wrap around front porch & rear breakfast porch. Full basement has extra storage areas for each unit. All units have separate heat, hot water & electric. Tenants pay all utilities except water & sewer. Basement has a washer & dryer for each apartment. This PRIME property has been meticulously maintained by the same owner for over 24 years. All tenants have leases with varied expiration dates. Ask lister for details. 3 car detached garage also rented (included in annual gross rental income of $85, 140). With Braintree's low residential tax rate, the annual net operating income capitalized at 5.5% results in a solid investment value! Near bus stop, T Station, Rt 3, 93, SS Plaza! OPEN SHOWING TIME SUNDAY 12/6 FROM 12-4 PM

This listing originally appeared on realtor.com. For more information and photos, click here.