174 Pine Street contains (36) 2-Bedroom/1-Bathroom townhouse units and is comprised of 4 well maintained buildings. The direct entry townhouse units offer full basements with exterior access, ample storage space, individual mechanical systems, and laundry hookups for a washer and dryer. The units are separately metered for electricity, gas fired heat and hot water, and domestic water and sewer. Within the past 10 years, current ownership has completed numerous capital upgrades and renovations to a majority of units (32 of 36 units renovated with new kitchens and bathrooms). Additionally, 25 of the roofs and approximately two-thirds of the parking surface area have been replaced. All windows are vinyl replacement windows, and every unit is equipped with a newly installed rear deck and stairway. The opportunity exists to increase rents to market rates via programmatic updates to the unrenovated units in a highly desirable, supply-constrained market.
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Last Updated: March 12th, 2025 at 5:03am
Gross Income: $55,740
Gross Expenses: $52,607
Net Income Calc: $3,133
CAP Rate: 0.03%
Annual Expenses for 174 Pine St, Holbrook MA 02343
Total Gross Expenses (Calculated)$52,607/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$52,607
Annual Income & Unit Breakdown for 174 Pine St, Holbrook MA 02343
Total Gross Income (Calculated)$55,740
Unit 1
Rental Income2395
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit3
HeatingNo
Rent Includes
Unit 2
Rental Income2250
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit3
HeatingNo
Rent Includes
Unit 3
Rental Income
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 174 Pine St, Holbrook MA 02343
Listing ID73342600
Property TypeMulti Family
Price$10,500,000 ($336.64/SqFt)
Style
CityHolbrook
CountyNorfolk
MLS Area
Neighborhood(s)
Approximate Living Area Total31,191 SqFt
Approximate Lot Size (Acres)2.49 acres
Total Parking72
Garage Parking
Year Built1965
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningR-3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 174 Pine St, Holbrook MA 02343
Disclosures for 174 Pine St, Holbrook MA 02343
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$271,081
Total Gross Income By Broker$1,013,987
Total Net Income By Broker$742,906
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.5%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 174 Pine St, Holbrook MA 02343
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s), Stable(s), Private School
Contact Information for 174 Pine St, Holbrook MA 02343