NOT LISTED FOR SALE

1379 Bridge St Dracut, MA 01826

-- Bed
6 Baths
5,894 Sq Ft
0.3 Acres

Last Sold June 13, 2023

Last sale price $750,000 $127 Per Sq Ft

57 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Corner Lot
  • Medical Services
  • Wood Flooring
  • Park

About This Home

As of June 2023

LOCATED ON BUSY ROUTE 38: ATTENTION Entrepreneurs & Investors! Don’t miss this opportunity to view 4-Unit commercial property. Located on a busy corner lot by intersection of Rt 113 & Rt 38. Property provides ample exposure & signage. Home to 3 separate businesses: Salon/Day spa (Unit 1), Dance Studio (Units 2&3), Music School (Unit 4). Salon offers 2 stories of retail space, open first floor with 4 hair stations, dryers, sinks, front desk and wax suite. Second floor has nail area, air-brush tanning, and several spa rooms creating additional suites. Be the first to bring Private “Salon Suite” concept to Dracut! Open floor plan can easily be converted into several Suites, creating exponential revenue & unparalleled customer experience. Dance Studio occupies units 2&3 with 2 large studio spaces, with storage & front desk/retail area. Music school has several smaller lesson rooms, large "band room" and loft storage. Perfect for investors with a vision for the future of Dracut business.

Last Listed By

Ray Boutin

RE/MAX Innovative Properties Listed on: 03/06/2023

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,138

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Tar and Gravel Roof
  • Rubber Roof

Interior Spaces

  • 5,894 Sq Ft Home
  • Unfinished Basement
  • Partial Basement
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • 29 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 5 Cooling Zones
  • 5 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,500
  • Tax Lot 217

Community Details

Overview

  • 4 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,138

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
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl,Carpet,Laminate,Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Electric Dryer
  • Full Bathrooms: 1
  • Half Bathrooms: 5
  • Total Bathrooms: 6
  • Total Bathrooms: 3.5
  • Laundry Features: Washer Hookup
  • Basement: Partial, Unfinished
  • Living Area: 5894
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN3560
  • LIST PRICE PER Sq Ft: 135.71
  • PRICE PER Sq Ft: 127.25
  • MAIN SO: AN3560

Exterior Features

  • Construction Materials: Frame, Brick
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle, Tar/Gravel, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 29

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 5
  • COOLING ZONES: 5

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Zoning: B3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13200
  • Lot Size Units: Acres
  • PAGE: 189
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5138
  • Tax Book Number: 11800
  • Tax Lot: 217
  • Tax Map Number: 50

Multi Family

  • Gross Income: 34800
  • Net Operating Income: 34800
  • Number Of Units Total: 4
  • Total Actual Rent: 4500
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • COOLING UNITS: 5
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
06/13/2023 06/13/23 Sold $750,000 -6.2% $127 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $799,900 -- $136 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73084490

MLS Property Information Network (MLS PIN)