NOT LISTED FOR SALE
5 Beds
3 Baths
2,400 Sq Ft
3,485 Sq Ft Lot

Last Sold May 09, 2022

Last sale price $100,000 $42 Per Sq Ft

115 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Shops
  • Jogging Path
  • Park
  • 4-minute walk to Unity Park

About This Home

As of May 2022

Motivated Seller! This 3 Unit building across from the Cutlery Building is perfect for a handy investor who wants to be part of the revitalization of the village of Turners Falls. Bring this 1900 brick building back to its original beauty and reap the benefits of owning an income property in a convenient location near Rte 2 and Rte 91. Many area amenities such as restaurants, parks, walking/riding trails, shopping, public transportation, arts and entertainment. Each unit has a separate entrance, free parking behind the building and on the street in front. The building requires renovations and is not for the faint of heart but the rewards could be many. Building has town sewer and water and a small lot for maintenance. Unit 1 & 2 have their own covered porches (front and back) and this 3 Unit building has two, first floor apartments. Tenants pay for heat and electric. This property may not receive approval for some conventional loans.

Last Agent to Sell the Property

Marybeth Chichester

Dahna Virgilio Real Estate, Inc. Listed on: 12/02/2021

Last Buyer's Agent

Amy Rist

Executive Real Estate, Inc.

Executive Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,415

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Knob And Tube Electrical Wiring
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,150
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Lot 132

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $84
  • Water Sewer Expense $1,176
  • Operating Expense $1,104
  • Net Operating Income $12,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,415

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring)
  • Interior Amenities: Unit 1(Storage,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Storage,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 3(Bathroom With Tub & Shower,Internet Available - Unknown), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Interior Entry, Unfinished
  • Living Area: 2400
  • Stories Total: 4
  • MAIN LO: E95074
  • LIST PRICE PER Sq Ft: 56.25
  • PRICE PER Sq Ft: 41.67
  • MAIN SO: AN1364

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Block, Stone, Brick/Mortar
  • Frontage Length: 30
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Tar/Gravel, Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: 110 Volts, Circuit Breakers, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1176

Lot Info

  • Zoning: CB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3300
  • PAGE: 197

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2415.21
  • Tax Book Number: 1834
  • Tax Lot: 132
  • Tax Map Number: 4

Multi Family

  • Electric Expense: 84
  • Gross Income: 13800
  • Net Operating Income: 12696
  • Number Of Units Total: 3
  • Operating Expense: 1104
  • Total Actual Rent: 1150
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2

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
05/09/2022 05/09/22 Sold $100,000 -25.9% $42 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/10/2022 03/10/22 Price Changed $135,000 +35.0% $56 / Sq Ft
01/28/2022 01/28/22 For Sale -- -- --
01/27/2022 01/27/22 Off Market $100,000 -- --
12/02/2021 12/02/21 For Sale $210,000 -- $88 / 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: 72924664

MLS Property Information Network (MLS PIN)