NOT LISTED FOR SALE
8 Beds
4 Baths
5,266 Sq Ft
0.29 Acres

Last Sold January 31, 2023

Last sale price $599,000 $114 Per Sq Ft

16 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • 2 Car Detached Garage
  • Cumberland High School Rated 9+
  • Tennis Courts
  • Thermal Windows

About This Home

As of January 2023

OPPORTUNITY !! This 4 Unit Apartment Building will make a Great Investment or even an Owner Occupy scenario. Four equally sized units divide up this building. Vinyl Sided, Replacement Windows, New Septic System in 2021, Four New Natural Gas HTP High Efficiency On-Demand heat and hot water units in 2019, an additional Navien On-Demand Hot Water Unit for Washing Machine, 5th Gas House Meter, Five 100 Amp Circuit Breaker Services, Fire Alarmed, Plenty of Storage for Tenants and a Detached Two Car Garage on property along with plenty of Off Street Parking. Long standing tenants. Coin Operated Washer and Dryer are third party owned. Very clean and Well-Maintained building that is Professionally Managed. Can't go wrong with this one !!

Last Agent to Sell the Property

Kathy Bain Farrell

RE/MAX Town & Country Listed on: 12/15/2022

RE/MAX Town & Country

Co-Listed By

George Stansfield

RE/MAX Town & Country License #RES.0029150

Last Buyer's Agent

Linda Cicchelli

HomeSmart Professionals License #RES.0041001

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,266 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0069
  • Assessor Parcel Number 127MILLSTCUMB

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Valley Falls / Ma Line Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $14,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,796

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: RMAX17
  • Co List Office Phone: 401-333-0020
  • Subdivision Name: Valley Falls / MA Line
  • Above Grade Finished Sq Ft: 5266.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oven, Range, Refrigerator, Tankless Water Heater, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Block, Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 127MILLSTCUMB
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 14016.0

Tax Info

  • Tax Annual Amount: 5796.0
  • Tax Lot: 0069
  • Tax Year: 2022

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $599,000 0.0% $114 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $599,000 +130.4% $114 / Sq Ft
06/13/2018 06/13/18 Sold $260,000 -30.6% $76 / Sq Ft View Prior Sale
05/14/2018 05/14/18 Pending -- -- --
05/15/2017 05/15/17 For Sale $374,900 -- $110 / Sq Ft
Source: State-Wide MLS

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 $6,367 $518,900 $103,200 $415,700
2024 $6,201 $518,900 $103,200 $415,700
2023 $6,030 $518,900 $103,200 $415,700
2022 $5,800 $386,900 $75,700 $311,200
2021 $5,703 $386,900 $75,700 $311,200
2020 $5,540 $386,900 $75,700 $311,200
2019 $5,129 $323,000 $65,100 $257,900
2018 $641 $323,000 $65,100 $257,900
2017 $4,913 $323,000 $65,100 $257,900
2016 $4,270 $250,000 $69,200 $180,800
2015 $4,270 $250,000 $69,200 $180,800
2014 $4,270 $250,000 $69,200 $180,800
2013 $4,335 $274,700 $69,200 $205,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1326812

State-Wide MLS

APN: CUMB M:001 B:0069 L:000