$649,000
$51K PRICE DROP

Estimated payment $4,297/month

Total Views 11,943
12 Beds
4 Baths
5,978 Sq Ft
$109 Price per Sq Ft

Highlights

  • Medical Services
  • Wood Flooring
  • Screened Porch
  • Property is near public transit
  • Corner Lot
  • Jogging Path

About This Home

This listing consists of two abutting 2 family properties being sold together for a total of 4 units: 125-127 Elm Street and 7-9 Gaulin Avenue. Spacious and well-maintained properties with excellent rental history and cash flow. All units feature separate electric and gas utilities for tenants to pay. Also available as a portfolio sale of 13 total units with 9 additional units located at 133-121-125 Church Street. See MLS# 73345997.

Listing Agent

Michael Russo

NE Real Estate Services

NE Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,185

Year Built

  • Built in 1900

Lot Details

  • 6,720 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,978 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Screened Porch
  • Storm Windows
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

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

Parking

  • 2 Car Parking Spaces
  • Common or Shared Parking
  • Tandem Parking
  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 4 Heating Zones
  • Separate Meters
  • 220 Volts
  • 100 Amp Service

Listing and Financial Details

  • Rent includes unit 1(electric)
  • Tax Lot 29&30
  • Assessor Parcel Number 563772

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $3,400
  • Insurance Expense $2,358
  • Operating Expense $27,447
  • Net Operating Income $41,458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,185

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood, Carpet, Varies, Laminate
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Unfinished
  • Above Grade Finished Sq Ft: 5978
  • Living Area: 5978
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN3551
  • LIST PRICE PER Sq Ft: 108.56
  • PRICE PER Sq Ft: 108.56

Exterior Features

  • Exterior Features: Rain Gutters, Varies per Unit
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed, Screened
  • 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, Shared Driveway, Off Street, Tandem, Common, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Electric)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 563772
  • Zoning: R-4
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6720
  • Lot Size Units: Acres
  • PAGE: 334
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8185
  • Tax Book Number: 2659
  • Tax Lot: 29&30
  • Tax Map Number: 36

Multi Family

  • Electric Expense: 3400
  • Gross Income: 68905
  • Insurance Expense: 2358
  • Net Operating Income: 41458
  • Number Of Units Total: 4
  • Operating Expense: 27447
  • Total Actual Rent: 5615
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $4,154 $285,700 $76,600 $209,100
2023 $3,994 $285,700 $76,600 $209,100
2022 $3,994 $285,700 $76,600 $209,100
2021 $3,247 $136,700 $32,500 $104,200
2020 $3,281 $136,700 $32,500 $104,200
2018 $3,292 $136,700 $32,500 $104,200
2017 $3,660 $121,600 $34,200 $87,400
2016 $3,872 $121,600 $34,200 $87,400
2015 $4,448 $121,600 $34,200 $87,400
2014 $4,270 $118,800 $37,600 $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $324,500 -50.0% $90 / Sq Ft
04/29/2025 04/29/25 Price Changed $649,000 -7.3% $109 / Sq Ft
03/16/2025 03/16/25 For Sale $699,800 +100.0% $117 / Sq Ft
03/04/2025 03/04/25 For Sale $349,900 -5.4% $97 / Sq Ft
09/07/2021 09/07/21 Sold $370,000 +2.8% $77 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $359,900 -- $75 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Deed History

Date Type Sale Price Title Company
Warranty Deed $370,000 None Available
Warranty Deed $370,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 Purchase Money Mortgage
Closed $275,000 Purchase Money Mortgage
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73346010

MLS Property Information Network (MLS PIN)

APN: WOON-000036J-000029-000019