More deals from Boston AREIA, your real estate club

Did you know that we post deals as they come in to Boston AREIA?  We try to send out emails, but, don’t want to send too many.  My internet marketing coach tells me to be careful as to how many emails I send.  He said that I can send more frequent emails as long as the trail is simple to follow and the email is 2 pages long.  People tend to think, I just don’t have time for that!

In any case, we try to keep things simple at Boston AREIA.  We have a deals page.  The link is http://bostonareia.com/resources/deals/ , some folks know about it, some folks don’t.  I will post our current deals on this post…but, in the future, it’s best to check http://bostonareia.com/resources/deals/ for real estate deals.  Members are able to post them on their own and after our monthly meetings we post them and as they come in to us, we post them in that place.  We are your real estate club, so, if you would like to see the deals section done differently, please email me at Bernadette@Bostonareia.com to let me know.

DESIRE.  COMMIT.  SUCCEED!

Bernadette Trafton, Boston AREIA Chief Connector

2 family in JP 70 School Street, JP 2 family, 3/4 beds and 1 bath each. 2 parking spots, laundry hookups in each unit. 2,620 sq ft. $535,000. Good rental income property cash-flowing $3,600-$4,000 a month.
Commercial Building in Fall River 178 Pine Street, Fall River, MA 02720 Commercial Building Uses: Sober House or similar, office building Adjacent to Route 195, 79, 138, near 24 No 21E on File Handicap Accessible, 1st and 2nd Floor Lot 8,599 SF includes 20 space parking lot across the street Built 1917 Location within 1 mile of new courthouse Top floor office has view of River Close to Fall River Heritage State Park 12,228 SF The building is full business zoned. That allows for hotels / rooming house. The City of Fall River does not require a special Sober House license, just a rooming house license. No special permit or variance required. Information from others in the business says they use 200 sq ft per room, including hallways, common kitchen(s) and baths. That would allow for 52 rooms / beds without disturbing the 3rd floor auditorium. If the room charge is $500.00 per month, that’s $26,000 gross income per month. Purchase cost is only $7,692.00 per room.
Rehab in Royalston, MA Great rehab opportunity! 3 BR/1BA 1500 SF ARV $190K-$200K Repair Costs: $45K Asking price: $110K Connection through Kate
Prime SouthEastern MA Development Location Available Prime land development opportunity with over 700′ of frontage on Rte. 24 (EZ-on, EZ-off). Property is immediately adjacent to the Exit 10 ramp on the southbound side of Rt. 24. Zoned General with 250′ frontage on N. Main St. Permitted uses include retail, office, restaurant, and most other business use. 2 contiguous 1.61 acre lots. 3rd lot available for easement (parking lot). Development along Rte. 24 (UMASS Bio Tech Park) will increase future traffic flow. Take advantage of this opportunity today!! This location is also located approximately 3 miles from new proposed casino along the Rte. 24 corridor. Check out www.assonetproperty.com for more details

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