NOT LISTED FOR SALE
10 Beds
6 Baths
5,880 Sq Ft
8,851 Sq Ft Lot Lot

Sale Details

Date Sold: August 23, 2022

Last sale price $760,000 $129 Per Sq Ft

Highlights

  • Property is near public transit and schools
  • Community Pool
  • Shops
  • Corner Lot
  • Park
  • Coin Laundry

About This Home

As of August 2022

**OPEN HOUSE CANCELED** INVESTORS, take notice! Well-maintained 5-family property has TONS to offer; a 2-year-old roof, new gutters installed in 2022, updated electrical, new toilets, and a brand new stove in Unit 5. Below market rents leave room for improvement to increase cash flow as well as the potential to utilize the basement for a 6th unit and increase monthly income. Coin-op laundry generates approximately $300 a month. The building has been fully de-leaded (certificates are attached). Amazing location less than 2 miles from Polar Park and easy access to numerous commuter routes 290, Rt 146, and Rt 20. Situated on a corner lot with 10 off-street parking spaces and a fenced-in yard. Take advantage of this LOW MAINTENANCE, TURNKEY investment opportunity!

Last Agent to Sell the Property

James Black

Real Broker MA, LLC Listed on: 07/05/2022

Real Broker MA, LLC

Co-Listed By

Richard Jenkins

Real Broker MA, LLC

Last Buyer's Agent

James Black

Real Broker MA, LLC Listed on: 07/05/2022

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,340

Year Built

  • Built in 1965

Lot Details

  • 8,851 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,880 Sq Ft Home
  • Block Basement Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • 5 Heating Zones
  • No Heating
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Rain Gutters
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,750
  • Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water), unit 4(water)
  • Assessor Parcel Number M:18 B:008 L:30+31,1780255

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Community Pool
  • Park

Building Details

  • Electric Expense $3,600
  • Water Sewer Expense $4,200
  • Operating Expense $7,800
  • Net Operating Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,340

Year Built

Built in 1965

Lot Details

8,851 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1965
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 14

Interior Features

  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 3(Ceiling Fans), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 10
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Concrete
  • Living Area: 5880
  • Stories Total: 14
  • MAIN LO: AC0342
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Unit 1(None)
  • Heating: Electric Baseboard,None, Unit 1(Electric), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: No
  • Water Source: Public
  • HEAT ZONES: 5
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 4200

Lot Info

  • Parcel Number: M:18 B:008 L:30+31,1780255
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8851
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9340

Multi Family

  • Electric Expense: 3600
  • Net Operating Income: 49200
  • Number Of Units Total: 5
  • Operating Expense: 7800
  • Total Actual Rent: 4750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 3
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $760,000 +1.3% $129 / Sq Ft
07/15/2022 07/15/22 Off Market $749,900 -- --
07/06/2022 07/06/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $749,900 +5.6% $128 / Sq Ft
10/28/2020 10/28/20 Sold $710,000 +1.4% $120 / Sq Ft View Prior Sale
09/24/2020 09/24/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $699,900 -- $118 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,020 $911,300 $118,300 $793,000
2024 $11,125 $809,100 $118,300 $690,800
2023 $10,746 $749,400 $58,600 $690,800
2022 $9,340 $614,100 $46,900 $567,200
2021 $7,626 $468,400 $37,500 $430,900
2020 $6,858 $403,400 $34,700 $368,700
2019 $7,056 $392,000 $38,500 $353,500
2018 $6,628 $350,500 $38,500 $312,000
2017 $6,197 $322,400 $38,500 $283,900
2016 $6,257 $303,600 $48,100 $255,500
2015 $6,093 $303,600 $48,100 $255,500
2014 $5,932 $303,600 $48,100 $255,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73006807

MLS Property Information Network (MLS PIN)
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