NOT LISTED FOR SALE

Estimated Value: $883,000 - $984,000

6 Beds
4 Baths
3,001 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $875,000 $292 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,717/month

23 Days on Market

Highlights

  • Solar Power System
  • Wood Flooring
  • Storm Windows
  • Property is near public transit
  • Porch
  • Laundry Room

About This Home

As of January 2024

Rare opportunity to invest in a 3-family building right near downtown Woburn. The building is conveniently located near public transportation and shopping. The building also has solar panels to be paid off at the time of closing by Seller. Many updates to the property include architectural asphalt shingles on roof, and upgrades to the units. All units are in great shape, have LVP flooring and carpeting, and require no TLC. The property has one lease remaining expiring Oct 2024, other units will be delivered vacant at the time of closing.

Last Agent to Sell the Property

Alan Carrier

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 12/12/2023

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Sean Page

Signature Page Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,931

Year Built

  • Built in 1880

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,001 Sq Ft Home
  • Insulated Windows
  • Wood Flooring
  • Storm Windows
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Malcolm White Elementary School
  • John F Kennedy Middle School
  • Woburn High School

Additional Features

  • Solar Power System
  • Porch
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $4,450
  • Assessor Parcel Number 908903

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Shops
  • Net Operating Income $53,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,931

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 0
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Utility Connections for Gas Range
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room
  • Basement: Full, Partially Finished, Interior Entry
  • Living Area: 3001
  • Spa YN: No
  • Stories Total: 7
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 349.55
  • PRICE PER Sq Ft: 291.57
  • MAIN SO: AN3302

Exterior Features

  • Exterior Features: Porch,Stone Wall
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Asphalt/Composition Shingles
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 908903
  • Zoning: 1050
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791
  • Lot Size Units: Acres
  • PAGE: 0341
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Generation: Solar

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4931.16
  • Tax Book Number: 74468

Multi Family

  • Gross Income: 53400
  • Net Operating Income: 53400
  • Number Of Units Total: 3
  • Total Actual Rent: 4450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 1
  • FLRS 2: 2

MLS Schools

  • High School: Woburn High
  • Elementary School: Malcolm White
  • Middle Or Junior School: John F Kennedy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2023
Sold by
Hughes Timothy A
Bought by
Hughes Ft and Hughes
Total Days on Market
23
Current Estimated Value
$939,079

Purchase Details

Closed on
Mar 23, 2020
Sold by
Hughes Ft and Hughes
Bought by
Hughes Timothy A

Purchase Details

Closed on
Dec 28, 2006
Sold by
Hughes Carol
Bought by
Hughes Ft and Hughes
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hughes Ft -- None Available
Hughes Ft -- None Available
Hughes Timothy A -- None Available
Hughes Timothy A -- None Available
Hughes Ft -- --
Hughes Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 10 Campbell Street Rt $800,000
Closed 10 Campbell Street Rt $800,000
Previous Owner Hughes Carol $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $875,000 -16.6% $292 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $1,049,000 -- $350 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,343 $625,700 $248,300 $377,400
2024 $4,868 $604,000 $236,500 $367,500
2023 $4,931 $566,800 $215,000 $351,800
2022 $4,847 $518,900 $186,900 $332,000
2021 $4,758 $510,000 $178,000 $332,000
2020 $4,294 $460,700 $178,000 $282,700
2019 $4,033 $424,500 $169,500 $255,000
2018 $4,023 $406,800 $155,500 $251,300
2017 $3,930 $395,400 $148,100 $247,300
2016 $3,707 $368,900 $138,500 $230,400
2015 $3,659 $359,800 $129,400 $230,400
2014 $3,680 $352,500 $129,400 $223,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73186837

MLS Property Information Network (MLS PIN)

APN: WOBU-000043-000019-000002