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380 Main St, Wilmington, MA 01887$1,125,000

6
beds
6
baths
2899
ft2
· 7405
ft2 lot
$388 / ft2

Listing provided courtesy of Jeremy Cyrier, Mansard Commerical Properties
Source MLS PIN;
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380 Main Street, Wilmington, MA is a well-maintained mixed-use building. The property consists of 1 retail space and 5 residential units. With easy access to I93 and Commuter Rail Wilmington MBT, this location is perfect for any small business looking for steady income through the retail storefront while generating income from the residential apartments. 380 Main Street is 100% occupied with long-term tenants below market rate. The current owner has made many updates to the property including a new roof, new windows, and updated electricity. This is a great opportunity for an investor looking for a solid return on investment.

HOA

No HOA

On market

4 months

Year built

1846

Property type

5+ Family 5+ Units Up/Down

Parking

5

MLS

73018548

Price / Sq.Ft.

$388 / ft2

Status

Active

Buyer’s Brokerage Commission

2%

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Home details for 380 Main St

Interior Features & Layout
Rooms Info
•   
Total Levels: 2, 9
•   
Total Levels Unit 1: 1
•   
Total Levels Unit 2: 1
•   
Total Levels Unit 3: 2
•   
Total Rooms Unit 1: 3
•   
Total Rooms Unit 2: 3
•   
Total Rooms Unit 3: 3
•   
Total Rooms Unit 4: 3
•   
Total Rooms: 15, 18, 15
Flooring
•   
Unit 4 Floor Level: 2
Bedrooms Info
•   
Total Beds: 6
•   
Unit 4 Beds: 1
•   
Unit 3 Beds: 1
•   
Unit 2 Beds: 1
Bathrooms Info
•   
Full Baths: 6, 6
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 6
Property Type
•   
Property Type: 5+ Family - 5+ Units Up/Down
•   
Mls Prop Type: 5+ Family - 5+ Units Up/Down
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: CB
•   
Lot Description: Paved Drive
•   
Acres: 0.17
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3475332
•   
Status: Active
Lease Info
•   
Gross Income: 78420
•   
Net Operating Income: 69540
•   
Monthly Rent Unit 1: 1200
•   
Monthly Rent Unit 2: 1900
•   
Monthly Rent Unit 3: 1095
•   
Lease 1
•   
Monthly Rent Unit 4: 790
•   
Lease 2
•   
Total Rent: 6535
Financial Info
•   
Apod Available
Tax/Assessment Info
•   
Tax Year: 2022
•   
Assessed Value: 324500.00
•   
Taxes: 4228.23
•   
Apn: M:0042 L:0000 P:0012
School Neighborhood & Directions
Location
•   
Street Number: 380
•   
Map Book: 3
•   
Map Page: 324
•   
Directions: Main Street.
•   
Zip Code +4: 3631
Other
Calculation
•   
Price Per Sqft: 388.06
•   
List Price Per Sqft: 388.06
•   
Cdom Property: 4
•   
Cdom Broker: 4
•   
Cdom: 4

Neighborhood snapshot

10
Properties for sale
17
Median days on market
$333.26
Median sold price/sqft
105.30%
Sold/List %
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Property History for 380 Main St

07/28/2022
07/28/2022
MLS PIN #73018548
active
MLS PIN #73018548
$1,125,000
+112499900.00%
07/28/2022
07/28/2022
MLS PIN #73018548
active
MLS PIN #73018548
$1

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