$549,000
$151K PRICE DROP

Estimated payment $3,714/month

Total Views 16,177
12 Beds
4 Baths
5,978 Sq Ft
$92 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.

Listing Agent

Michael Russo

NE Real Estate Services Listed on: 03/16/2025

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: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: VirtualTour
  • Stories: 5

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: 5
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN3551
  • LIST PRICE PER Sq Ft: 91.84
  • PRICE PER Sq Ft: 91.84

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

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
07/07/2025 07/07/25 Price Changed $274,500 -50.0% $76 / Sq Ft
07/07/2025 07/07/25 Price Changed $549,000 +91.0% $92 / Sq Ft
06/29/2025 06/29/25 Price Changed $287,500 -50.0% $80 / Sq Ft
06/29/2025 06/29/25 Price Changed $575,000 -3.8% $96 / Sq Ft
06/17/2025 06/17/25 Price Changed $598,000 +100.0% $100 / Sq Ft
06/17/2025 06/17/25 Price Changed $299,000 -53.9% $83 / Sq Ft
04/29/2025 04/29/25 Price Changed $649,000 +100.0% $109 / Sq Ft
04/29/2025 04/29/25 Price Changed $324,500 -53.6% $90 / Sq Ft
03/05/2025 03/05/25 Price Changed $699,800 +100.0% $117 / Sq Ft
03/04/2025 03/04/25 For Sale $349,900 -50.0% $97 / Sq Ft
02/12/2025 02/12/25 For Sale $699,900 +89.2% $117 / 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)

Purchase 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