Located in a quiet residential part of Bridgewater, this 4-unit income property has provided steady investment returns for the present owners for years, however the time has come for a change in ownership. Fully rented and exceptionally well maintained, the four units all feature two bedrooms and generous sized living rooms and modern kitchens. One unit will be available in September as a residence for a new owner if so desired, or can continue to be rented. There is a shared coin-operated laundry room and lots of parking for tenants and visitors. Tenants pay for their own lights and heat. This is a terrific opportunity to fortify your investment portfolio with a solid income property in a growing town.
South on King Street Bridgewater, turn right at Pine Street, right at Medway. Property on right.
Listing Sub-Area:
405-Lunenburg County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
40.7 x 50.4
Outside Dimenions:
40.7 x50.4
Lot Size:
12,624 sq. ft.1,173 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1975
(Age: 50)
Age:
50
# Floors:
2
Exterior Finish:
Steel, Vinyl
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Parking:
Yes
Parking Description:
Space for tenants and visitors
Driveway:
Double, Gravel
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
4
# Of Dryers:
1
# Of Fridges:
4
# Of Stoves:
4
# Of Washers:
1
Rental Income:
Yes, $59736.00
Laundry Income:
$1500.00
Approx. Net Income:
$40478.00
Insurance Expense:
$3585.00
Taxes Costs:
$7952.00
Other Costs:
$1200.00 Cleaning
Maintenace:
1904.52
Snow / Garbage Collection:
$1420.00
Electricity Bill:
$5897.00 (including propane)
Approx. Total Expense:
$20758.00
Approx. Total Income:
$61236.00
Laundry
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
Data was last updated August 20, 2025 at 11:20 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$689,450
Min list price:
$279,900
Max list price:
$1,600,000
Avg days on market:
90
Min days on market:
1
Max days on market:
989
These statistics are generated based on the current listing's property type
and located in
405-Lunenburg County. Average values are
derived using median calculations. This data is not produced by the MLS® system.
