$855,000
SOLD FEB 24, 2025

1 S Silver Ln Sunderland, MA 01375

13 Beds
5 Baths
4,596 Sq Ft
1.4 Acres

Recently Sold

$186 Per Sq Ft

10% Below List Price

15 Days on Market

Highlights

  • Deck
  • Solid Surface Countertops
  • Ductless Heating Or Cooling System
  • 1 Fireplace
  • Jogging Path
  • Living Room

About This Home

As of February 2025

The investment potential of a multi-family property, particularly one that generates $9,985 per month, is substantial in today's real estate market! This attractive 3 family home is perfect for investors & tenants alike! Newly renovated w/ separate utilities - public water & sewer a plus - are offered at this desirable location. In unit laundry & stainless appliances increases tenant satisfaction & retention rates. Accessible to major routes as well as local amenities - the proximity to educational institutions further enhances its value. Offering 2- 5 BR units alongside 1- 4 BR unit; the combination of spacious living arrangements & the convenience of modern amenities ensures that this property remains a highly attractive option for both long-term residents & potential investors. Moreover, the ample parking spaces available enhances the appeal. The steady cash flow generated by this property underscores its viability as a long-term investment. An A+ in todays market!

Last Agent to Sell the Property

Jacqueline Zuzgo

5 College REALTORS® Listed on: 12/02/2024

Last Buyer's Agent

Jacqueline Zuzgo

5 College REALTORS® Listed on: 12/02/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,805

Year Built

  • Built in 1817

Lot Details

  • 1.4 Acre Lot
  • Near Conservation Area
  • Level Lot
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,596 Sq Ft Home
  • 1 Fireplace
  • Sliding Doors
  • Living Room

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near schools

Schools

  • Sunderland Elementary School
  • Frontier Middle School
  • Frontier High School

Utilities

  • Ductless Heating Or Cooling System
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating Available
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $9,985
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Lot 74
  • Assessor Parcel Number M:0009 B:0000 L:74

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Jogging Path

Building Details

  • Electric Expense $1,016
  • Insurance Expense $3,918
  • Water Sewer Expense $1,400
  • Operating Expense $39,680
  • Net Operating Income $80,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,805

Year Built

Built in 1817

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1817
  • Levels: 6
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Laminate
  • Interior Amenities: Remodeled, Internet Available - Unknown, Stone/Granite/Solid Counters, Slider, Living Room, Kitchen, Laundry Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 13
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Crawl Space
  • Living Area: 4596
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1019
  • LIST PRICE PER Sq Ft: 206.7
  • PRICE PER Sq Ft: 186.03
  • MAIN SO: AN1019

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Frontage Length: 201
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Ductless
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Shopping, Walk/Jog Trails, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1400

Lot Info

  • Parcel Number: M:0009 B:0000 L:74
  • Zoning: RR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 1.4
  • Lot Size Area: 1.4
  • Lot Size Sq Ft: 61066
  • Lot Size Units: Acres
  • PAGE: 266
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6805
  • Tax Block: 0
  • Tax Book Number: 7883
  • Tax Lot: 74
  • Tax Map Number: 9

Multi Family

  • Electric Expense: 1016
  • Gross Income: 119800
  • Insurance Expense: 3918
  • Net Operating Income: 80140
  • Number Of Units Total: 3
  • Operating Expense: 39680
  • Total Actual Rent: 9985
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 2
  • FLRS 3: 3
  • FLRS 2: 1

MLS Schools

  • High School: Frontier
  • Elementary School: Sunderland
  • Middle Or Junior School: Frontier

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $855,000 -10.0% $186 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $950,000 -- $207 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73316423

MLS Property Information Network (MLS PIN)