NOT LISTED FOR SALE

157 Providence Rd Northbridge, MA 01588

15 Beds
15 Baths
6,211 Sq Ft
0.89 Acres

Last Sold April 25, 2022

Last sale price $920,000 $148 Per Sq Ft

119 Days on Market

Highlights

  • Granite Flooring
  • Laundry Room
  • Level Lot
  • Enclosed Patio or Porch
  • 4 Car Garage
  • 3-minute walk to Linwood Playground

About This Home

As of April 2022

Income opportunity abounds in this multi-unit property consisting of the following: 1 Victorian style home with 5 bedrooms and 2 full baths, 1 ranch style home with 2 beds and 1 bath, 1 multi-family building with 5 rental units (2 first floor two bedroom units, 2 second floor one bedroom units and 1 basement level one bedroom unit). Plus, 1 ranch style home with one bedroom attached to a 4 car garage for additional potential rental income. Recent upgrades include, vinyl siding on the ranch and garage building, newer roof, newer replacement windows, newer garage doors, newer high efficient gas heating systems, updated electric panels throughout, town water & town sewer, and so much more. All existing tenants are month to month and the Victorian style home is currently vacant with a projected $2000 a month in additional rental income. Property zoned in B-1 district which makes for a great commercial opportunity as well! Expense sheet attached to listing.

Last Agent to Sell the Property

Custom Home Team

Century 21 Custom Home Realty Listed on: 11/10/2021

Last Buyer's Agent

tom brown

Brown Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,553

Year Built

  • Built in 1882

Lot Details

  • 0.89 Acre Lot
  • Level Lot
  • Cleared Lot

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Manufactured Home on a slab
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,211 Sq Ft Home
  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Laminate
  • Granite

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Heating Available
  • Separate Meters
  • Knob And Tube Electrical Wiring
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $6,125
  • Rent includes unit 1(water), unit 2(heat gas water), unit 3(water)
  • Assessor Parcel Number M:0024A B:00100,1642555

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Building Details

  • Electric Expense $410
  • Insurance Expense $7,620
  • Water Sewer Expense $3,769
  • Operating Expense $16,527
  • Net Operating Income $56,973

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,553

Year Built

Built in 1882

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1882
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 8

Interior Features

  • Flooring: Wood,Carpet,Laminate, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub), Unit 4(Pantry,Storage,Crown Molding,Bathroom With Tub,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Total Bedrooms: 15
  • Full Bathrooms: 15
  • Total Bathrooms: 9
  • Laundry Features: Unit 1 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Partial, Crawl Space, Partially Finished, Walk-Out Access, Interior Entry, Dirt Floor, Concrete
  • Living Area: 6211
  • Stories Total: 8
  • Window Features: Insulated Windows
  • MAIN LO: AN4101
  • MAIN SO: B42901

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block, Stone, Granite, Slab
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 16

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Oil), Unit 2(Hot Water Baseboard,Gas), Unit 3(Electric), Unit 4(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered, Varies per Unit, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Heat,Gas,Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 3769

Lot Info

  • Parcel Number: M:0024A B:00100,1642555
  • Zoning: B-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.89
  • Lot Size Sq Ft: 38768.4
  • Lot Size Units: Acres
  • LOT SIZE: 38970

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8553

Multi Family

  • Electric Expense: 410
  • Insurance Expense: 7620
  • Net Operating Income: 56973
  • Number Of Units Total: 8
  • Operating Expense: 16527
  • Total Actual Rent: 6125
  • LEVELS 1: 1
  • LEVELS 4: 3
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 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 List to Sale Price per Sq Ft
04/25/2022 04/25/22 Sold $920,000 -2.6% $148 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/16/2022 02/16/22 For Sale -- -- --
02/05/2022 02/05/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $945,000 -- $152 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Custom Home Team

    Seller's Agent in 2022

    Custom Home Team

    Century 21 Custom Home Realty

    7 in this area

    59 Total Sales

    Custom Home Team
    Section Image

  • t

    Buyer's Agent in 2022

    tom brown

    Brown Real Estate

    1 in this area

    23 Total Sales

    tom brown
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72918763

MLS Property Information Network (MLS PIN)

APN: NBRI M:0024A B:00100

Massachusetts Worcester County Northbridge 01588

157 Providence Rd, Northbridge, MA

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