NOT LISTED FOR SALE
8 Beds
9 Baths
6,750 Sq Ft
10,019 Sq Ft Lot

Last Sold December 22, 2022

Last sale price $980,000 $145 Per Sq Ft

167 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Cooling Available
  • Property is near public transit
  • Corner Lot
  • Shops

About This Home

As of December 2022

Back on market after buyer's financing falling thru. A unique package deal of two (2) mix use parcels consisting of a 4 unit residential multifamily all with hardwood flooring & central air & heat, alongside 2 commercial strip units. Some good updates here within the last 6 years that include new roofs, central a/c and heating units. So If your a business owner seeking a new location, this is a very high volume traffic area of Rt.3A and right on the city bus route & Town of Chelmsford line. Minutes to train/bus station & highway routes. 100% occupied - 90% of tenants are Tenant At Wills -. Annual Rent Roll - $112,400 (70% of current rents are below market). Buyer to do their own due diligence. Sold As Is. Also see commercial listing MLS #72942576

Last Agent to Sell the Property

Cheryl Maggio

LAER Realty Partners Listed on: 05/11/2022

LAER Realty Partners

Last Buyer's Agent

Cheryl Maggio

LAER Realty Partners Listed on: 05/11/2022

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,071

Year Built

  • Built in 1920

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Flooring

  • Wood
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Block Basement Construction

Parking

  • 20 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Dishwasher
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Total Actual Rent $9,450
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
  • Assessor Parcel Number M:000188 T:J91205

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Operating Expense $24,000
  • Net Operating Income $88,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,071

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2.0
  • Sub Agent Compensation: 1.0
  • Transaction Broker: 1.5
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Tile,Vinyl,Concrete,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Tile Floor,Hardwood Floors), Unit 4(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Open Floor Plan), Unit 2(Pantry,Lead Certification Available), Unit 3(Lead Certification Available), Unit 4(Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Unit 4(Range,Dishwasher,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 5
  • Total Bathrooms: 9
  • Total Bathrooms: 6.5
  • Laundry Features: Washer Hookup
  • Basement: Full, Partial, Partially Finished, Concrete
  • Stories Total: 9
  • MAIN LO: AN1199
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Unit 4 Balcony/Deck
  • Construction Materials: Frame, Brick, Stone
  • Foundation Details: Concrete Perimeter, Block, Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 20

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
  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
  • Heating: Unit 1(Central Heat,Forced Air,Gas,Unit Control), Unit 2(Central Heat,Forced Air,Gas,Unit Control), Unit 3(Central Heat,Forced Air,Gas,Unit Control), Unit 4(Central Heat,Forced Air,Gas,Unit Control)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: city
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water), Unit 4(Heat,Water,Hot Water)

Lot Info

  • Parcel Number: M:000188 T:J91205
  • Zoning: B-100
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Easements, Level
  • Lot Size Units: Acres
  • PAGE: 00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 16071
  • Tax Book Number: 0000

Multi Family

  • Gross Income: 112200
  • Net Operating Income: 88000
  • Number Of Units Total: 6
  • Operating Expense: 24000
  • Total Actual Rent: 9450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Lim Steven B and An Paula
Bought by
1344-1354 Gorham St Rt and Lim

Purchase Details

Closed on
Sep 15, 2004
Sold by
Pln Rt and Neofotistos
Bought by
Chhim Sorasokorn and Koch Sreykeo

Purchase Details

Closed on
May 16, 1990
Sold by
Kang Malavy
Bought by
Natco Plumbing & and Natco Plumbing
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1344-1354 Gorham St Rt -- None Available
1344-1354 Gorham St Rt -- None Available
Chhim Sorasokorn $1,050,000 --
Chhim Sorasokorn $1,050,000 --
Natco Plumbing & $130,000 --
Natco Plumbing & $130,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $980,000 -10.9% $145 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $1,100,000 -4.3% $163 / Sq Ft
09/22/2022 09/22/22 For Sale $1,150,000 0.0% $170 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $1,150,000 -- $170 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $12,890 $576,200 $148,300 $427,900
2024 $7,821 $336,100 $141,200 $194,900
2023 $7,669 $314,800 $128,400 $186,400
2022 $7,818 $310,500 $128,400 $182,100
2021 $7,880 $293,700 $111,600 $182,100
2020 $7,862 $293,700 $111,600 $182,100
2019 $8,148 $285,000 $111,600 $173,400
2018 $8,013 $273,100 $106,300 $166,800
2017 $8,236 $268,800 $106,300 $162,500
2016 $8,017 $256,800 $106,300 $150,500
2015 $8,336 $256,800 $106,300 $150,500
2013 $7,313 $233,500 $118,200 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72979301

MLS Property Information Network (MLS PIN)

APN: LOWE-000187-002675-001344