Seller's Agent in 2024
David Restic
Property Services Network
(508) 473-0762
2 in this area
84 Total Sales
192 Main St Medway, MA 02053
12
Beds
6.5
Baths
7,061
Sq Ft
0.97
Acres
Highlights
- Wood Flooring
- Corner Lot
- Living Room
- John D. McGovern Elementary School Rated A-
- Jogging Path
- Park
About This Home
As of March 2024Great investment opportunity with this hard-to-find six-unit residential property nestled in the heart of Medway. Each unit sits vacant, presenting the new owner with an opportunity to unlock its full potential and attain market-level rents. Cosmetic enhancements to select units promise a swift turnaround and immediate income generation. With separate utilities for each unit, along with four units equipped with natural gas heating and hot water and one unit featuring a recently installed heat pump. Some replacement windows, town water and sewer. Situated on a generous-sized lot with a detached two-car garage with a separate electric meter and ample off-street parking to service the tenants, The property is being sold "As is," but will be well worth the effort once the cash rolls in.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,011
Year Built
- Built in 1825
Lot Details
- 0.97 Acre Lot
- Corner Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 7,061 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number M:47 B:070,3163489
Community Details
Overview
- 6 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $7,693
- Operating Expense $7,693
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2024 03/26/24 | Sold | $1,150,000 | +31.4% | $163 / Sq Ft |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | For Sale | $875,000 | -- | $124 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $10,894 | $764,500 | $273,600 | $490,900 |
| 2024 | $11,009 | $764,500 | $273,600 | $490,900 |
| 2023 | $11,011 | $690,800 | $238,800 | $452,000 |
| 2022 | $10,124 | $598,000 | $201,900 | $396,100 |
| 2021 | $9,657 | $553,100 | $182,400 | $370,700 |
| 2020 | $9,300 | $531,400 | $160,700 | $370,700 |
| 2019 | $8,870 | $522,700 | $152,000 | $370,700 |
| 2018 | $8,230 | $466,000 | $130,300 | $335,700 |
| 2017 | $8,351 | $466,000 | $130,300 | $335,700 |
| 2016 | $7,559 | $417,400 | $108,600 | $308,800 |
| 2015 | $7,613 | $417,400 | $108,600 | $308,800 |
| 2014 | $7,901 | $419,400 | $118,500 | $300,900 |
Source: Public Records
Agents Affiliated with this Home
-
David Restic
-
Sam Takla
Buyer's Agent in 2024
Sam Takla
Coldwell Banker Realty - Framingham
(978) 810-5348
5 in this area
77 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73197872
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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