NOT LISTED FOR SALE

Estimated Value: $420,426

2 Beds
5 Baths
3,640 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $405,000 $111 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,220/month

76 Days on Market

Highlights

  • Marina
  • 0.75 Acre Lot
  • Corner Lot
  • Medical Services
  • Property is near public transit
  • Community Pool

About This Home

As of August 2024

Investors take notice-Turn key, fully occupied mixed use building with long term tenants in place who would prefer to stay. Unit 4 was fully upgraded including new kitchen, bathroom, paint, ceiling tiles and flooring. Two residential tenants and one commercial tenant who occupies the office space, two garages, and two basement storage and workshop areas. Tenants pay all their own utilities. Parking for twenty plus cars. Don't wait to view this and secure your investment today!

Last Agent to Sell the Property

Stacy Corrigan

Real Broker MA, LLC Listed on: 02/27/2024

Last Buyer's Agent

Linda Morrissey

RE/MAX Properties

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,690

Year Built

  • Built in 1925

Lot Details

  • 0.75 Acre Lot
  • Near Conservation Area
  • Corner Lot
  • Sloped Lot

Home Design

  • Quadruplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,640 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Home Office
  • Storage
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Unfinished Basement

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

Parking

  • 20 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 110 Volts
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $3,825
  • Rent includes unit 1(none), unit 2(none), unit 3(none), unit 4(none)
  • Legal Lot and Block 250 / A
  • Assessor Parcel Number 190762

Community Details

Overview

  • 4 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $4,623
  • Water Sewer Expense $2,400
  • Net Operating Income $34,187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,690

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • Year Built: 1925
  • Buyer Agency: 2% NS
  • 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: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Storage, Bathroom with Shower Stall, Office/Den, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bathrooms: 4
  • Basement: Full, Walk-Out Access, Unfinished
  • Living Area: 3640
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AC1915
  • LIST PRICE PER Sq Ft: 116.76
  • PRICE PER Sq Ft: 111.26
  • MAIN SO: BB9840

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • 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, Off Street, Driveway
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Central, Forced Air, Natural Gas, Baseboard
  • Cooling Y N: No
  • Electric: 110 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2400

Lot Info

  • Parcel Number: 190762
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Sloped
  • Lot Size Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Size Sq Ft: 32670
  • Lot Size Units: Acres
  • PAGE: 0165
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4689.95
  • Tax Block: A
  • Tax Book Number: 1304
  • Tax Lot: 250
  • Tax Map Number: 4

Multi Family

  • Gross Income: 45900
  • Insurance Expense: 4623
  • Net Operating Income: 34187
  • Number Of Units Total: 4
  • Total Actual Rent: 3825
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Aug 7, 2024
Sold by
Morse Robert J
Bought by
Rockland Llc
Seller's Agent
Stacy Corrigan
Real Broker MA, LLC
Buyer's Agent
Linda Morrissey
RE/MAX Properties
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Views
89
Current Estimated Value
$420,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,426
Avg. Annual Appreciation
1.17%
Original Mortgage
$324,000
Outstanding Balance
$321,772
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$88,665

Purchase Details

Closed on
Sep 3, 2003
Sold by
Dias Francisco G and Dias Maria M
Bought by
Morse Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 1999
Sold by
Svd Realty Lp
Bought by
Dias Francisco G and Dias Maria
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rockland Llc $405,000 None Available
Rockland Llc $405,000 None Available
Morse Robert J $155,000 --
Morse Robert J $155,000 --
Dias Francisco G $40,000 --
Dias Francisco G $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rockland Llc $324,000
Closed Rockland Llc $324,000
Previous Owner Dias Francisco G $190,000
Previous Owner Dias Francisco G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $405,000 -4.7% $111 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $425,000 -- $117 / 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
2024 -- $180,800 $54,700 $126,100
2023 $0 $180,800 $54,700 $126,100
2022 $0 $180,800 $54,700 $126,100
2021 $0 $154,600 $52,100 $102,500
2020 $0 $154,600 $52,100 $102,500
2018 $0 $154,600 $52,100 $102,500
2017 $0 $155,800 $47,500 $108,300
2016 -- $155,800 $47,500 $108,300
2015 -- $155,800 $47,500 $108,300
2014 -- $142,600 $52,800 $89,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73205978

MLS Property Information Network (MLS PIN)

APN: WOON-000004A-000250-000048