Seller's Agent in 2024
Ethan Lazar
Horvath & Tremblay
(310) 936-3743
1 in this area
18 Total Sales
This well-maintained 6-unit property consists of six spacious 2-bedroom/1-bathroom units, totaling 5,292 sq ft of living space. Notably, all units are separately metered for heat, hot water, electricity, and air conditioning. Five of the six units have undergone extensive renovations, featuring granite countertops, stainless steel appliances, new bathrooms, and modern finishes. The property boasts a large parking lot accommodating more than 10 cars comfortably. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $10,000 monthly. The unrenovated unit currently earns well below market rent, and the lease is currently tenant-at-will, allowing for the efficient transition to market rent. Centrally located, it's within a short drive of WPI, Assumption University, and all downtown amenities. Additionally, it's within walking distance from UMass Memorial Hahnemann Family Medical Center. Listed at a 7.74% cap rate.
Co-Listed By
John Pentore
Horvath & Tremblay
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2024 05/20/24 | Sold | $1,325,000 | +10.4% | $250 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 03/20/2024 03/20/24 | For Sale | $1,200,000 | -- | $227 / Sq Ft |
| 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 | $10,605 | $804,000 | $133,900 | $670,100 |
| 2024 | $9,551 | $694,600 | $133,900 | $560,700 |
| 2023 | $10,460 | $729,400 | $76,600 | $652,800 |
| 2022 | $9,707 | $638,200 | $67,000 | $571,200 |
| 2021 | $6,103 | $374,900 | $59,200 | $315,700 |
| 2020 | $4,894 | $287,900 | $14,100 | $273,800 |
| 2019 | $4,936 | $274,200 | $13,500 | $260,700 |
| 2018 | $5,038 | $266,400 | $13,500 | $252,900 |
| 2017 | $5,120 | $266,400 | $13,500 | $252,900 |
| 2016 | $5,425 | $263,200 | $43,200 | $220,000 |
| 2015 | $5,192 | $258,700 | $38,700 | $220,000 |
| 2014 | $5,055 | $258,700 | $38,700 | $220,000 |
Seller's Agent in 2024
Ethan Lazar
Horvath & Tremblay
(310) 936-3743
1 in this area
18 Total Sales
J
Seller Co-Listing Agent in 2024
John Pentore
Horvath & Tremblay
Buyer's Agent in 2024
Dan DiRoberto
The DiRoberto Group Inc.
(508) 579-8983
1 in this area
67 Total Sales
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73214734
Ask me questions while you tour the home.