NOT LISTED FOR SALE

10 Bancroft St Maynard, MA 01754

Downtown Maynard Neighborhood
8 Beds
4 Baths
4,240 Sq Ft
0.3 Acres

Last Sold June 02, 2023

Last sale price $927,500 $219 Per Sq Ft

10 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Mud Room
  • Medical Services
  • Property is near public transit
  • 1-minute walk to Coolidge Park Playground

About This Home

As of June 2023

Investment property! Welcome to this ideal investment opportunity to purchase a well-maintained, four-unit multifamily property that offers an unbeatable combination of a prime location, spacious units and a potential condo-conversion project, all just minutes from the town center. Whether you're adding to your portfolio or a first-time investor, this property is a sound investment choice. Town sewer, separate heating systems, separate electrical meters, separate gas meters, and one common water meter for the town water. Don't miss out on this prime investment opportunity in Maynard, MA.

Last Agent to Sell the Property

Armand Swajian

Berkshire Hathaway HomeServices Commonwealth Real Estate License #449597331 Listed on: 04/21/2023

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Mary Brannelly

Barrett Sotheby's International Realty

Barrett Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,532

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,240 Sq Ft Home
  • Mud Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

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

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Greenmeadow Elementary School
  • Fowler Middle School
  • Maynard High School

Utilities

  • 4 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,525
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:019 P:228,3636696

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $19,000
  • Net Operating Income $48,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,532

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Mudroom, Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry
  • Living Area: 4240
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 188.66
  • PRICE PER Sq Ft: 218.75
  • MAIN SO: AN0538

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Frontage Length: 100
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air), Unit 3(Forced Air), Unit 4(Forced Air)
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Local
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:019 P:228,3636696
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13155
  • Lot Size Units: Acres
  • PAGE: 459
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11532
  • Tax Book Number: 20045

Multi Family

  • Gross Income: 66300
  • Net Operating Income: 48300
  • Number Of Units Total: 4
  • Operating Expense: 19000
  • Total Actual Rent: 5525
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

MLS Schools

  • High School: Maynard High
  • Elementary School: Greenmeadow
  • Middle Or Junior School: Fowler

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 List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $927,500 +16.0% $219 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $799,900 -- $189 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Armand Swajian

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    Section Image
  • Mary Brannelly

    Buyer's Agent in 2023

    Mary Brannelly

    Barrett Sotheby's International Realty

    (978) 263-1166

    4 in this area

    69 Total Sales

    Mary Brannelly
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73101591

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Maynard 01754 Downtown Maynard

10 Bancroft St, Maynard, MA

This home is located at 10 Bancroft St, Maynard, MA 01754 since 21 April 2023. This property was built in 1920. 10 Bancroft St is a home located in Middlesex County with nearby schools including Green Meadow School, Fowler School, and Maynard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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