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Commercial Real Estate For Sale
205-207 Burrill
Swampscott, Massachusetts 01907
Fabulous income opportunity - mixed-use retail and residential property fully rented and updated.This well-located building has a first floor retail space currently used as a liquor store and rented at $1,500/month until the year 2035 with rent increases starting in year 10. Plenty of street parking, great foot traffic, directly facing the Swampscott Commuter Rail Station with central heat & AC, half bath, storage area, refrigeration and "kitchen" washing area. The upstairs residential unit includes 2 spacious bedrooms (one with a large walk-in closet), a bright and sunny kitchen w/ all white cabinetry and gas cooking, 1 full updated bath, a living room/dining area combination with rich wood flooring and moldings, a back staircase storage area with washer/dryer, central heat & AC, all separate utilities. The upstairs unit is currently rented for $1,575/month through Aug. 2017. Easily rentable with commuter rail across the street and Salem State University within close proximity.
$399,000.00
MLS#:72186517
Listing Office:J. Barrett & Company
Listing Agent:Cressy Team
Office Phone:(781) 631-9800
Address: 205-207 Burrill
City:Swampscott
State:Massachusetts
ZIP Code:01907
Property Type:Commercial/Industrial
Lot Size:1393.00
Year Built:1900
Instruction:For appointments call Carole Cressy at 781-248-5476 or email requests to: homes@cressyteam.com
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