475 Nantasket Ave, Hull, MA, 02045

475 Nantasket Ave Hull, MA 02045

475 Nantasket Ave, Hull, MA, 02045
475 Nantasket Ave, Hull, MA, 02045 475 Nantasket Ave, Hull, MA, 02045 475 Nantasket Ave, Hull, MA, 02045 475 Nantasket Ave, Hull, MA, 02045 475 Nantasket Ave, Hull, MA, 02045 475 Nantasket Ave, Hull, MA, 02045
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,300,000
Last Verified:
Jun 27, 2024

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Highlights

  • - 4,242 SF building with historical charm
  • - Versatile 14-unit property for multifamily investment
  • - Prime location in highly desirable Hull area

Description

Discover the potential of this 14-unit rooming house, strategically located in the heart of Hull. With the flexibility to convert it into a 3-family residence or maintain its current profitable rooming-house setup, this property offers versatility and value. Embrace the opportunity to capitalize on the thriving real estate market in Hull and unlock the potential for significant returns on your investment.

Nestled in the charming coastal town of Hull, MA, the area surrounding the property offers a delightful blend of seaside living and convenient urban amenities. Nearby Paragon Boardwalk offers an array of restaurants, shops, and family-friendly attractions. This property is in the near vicinity of the MBTA commuter boat to Boston.


Year Built: 1920
Building Size: 4242sq ft
Lot Size: 0.22 acres


Documents

Sale Brochure

Map of 475 Nantasket Ave, Hull, MA, 02045

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.