NOT LISTED FOR SALE

20 Nelson St North Grafton, MA 01536

7 Beds
5 Baths
3,413 Sq Ft
0.5 Acres

Last Sold May 01, 2024

Last sale price $781,630 $229 Per Sq Ft

3 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Additional Land
  • Grafton High School Rated A-
  • Home Office
  • Porch

About This Home

As of May 2024

OFFER DEADLINE 2/19/24 at 10:00am. This investor’s dream is a must see! Exceptionally maintained, this expansive 5 unit investment property is a rare find tucked away in North Grafton! Featuring three comfortable 1 bedroom units, one with an office, and two spacious 2 bedroom units, all rented, tenant-at-will with separate utilities. Newer roof and a paved driveway. The basement has common laundry and extra room for storage. *Current rents are below market value leaving potential for increased net income. All units are in good condition and have full baths and ample closet space. Additionally, an abutting 1.3+ acres available for purchase separately, offering expansion possibilities (not included in the sale). Excellent location on the Shrewsbury line minutes to Nelson Park, Rts 140, 20, 290, 495, and the Pike. This property is an opportunity for first time or seasoned investors with rental increase potential!

Last Agent to Sell the Property

Melissa Clark

Coldwell Banker Realty - Northborough Listed on: 02/15/2024

Coldwell Banker Realty - Northborough

Last Buyer's Agent

Melissa Clark

Coldwell Banker Realty - Northborough Listed on: 02/15/2024

Coldwell Banker Realty - Northborough

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,649

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Additional Land

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,413 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Home Office
  • Storage
  • Range
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • North Grafton Elementary School
  • Grafton Middle School
  • Grafton High School

Utilities

  • Ductless Heating Or Cooling System
  • 2 Cooling Zones
  • Forced Air Heating System
  • 5 Heating Zones
  • Baseboard Heating
  • 100 Amp Service
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $4,775
  • Rent includes unit 1(none), unit 2(none), unit 3(none), unit 4(none)
  • Assessor Parcel Number M:0011 B:0000 L:0039.0,1523658

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Recreation

  • Park

Additional Features

  • Shops
  • Net Operating Income $57,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,649

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood, Tile, Carpet, Laminate
  • Interior Amenities: Storage, Laundry Room, Lead Certification Available, Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Living Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Electric Dryer Hookup
  • Basement: Unfinished
  • Living Area: 3413
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: None, Ductless
  • Heating: None, Baseboard, Forced Air, Ductless
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: No
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0011 B:0000 L:0039.0,1523658
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Additional Land Avail.
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7649

Multi Family

  • Net Operating Income: 57300
  • Number Of Units Total: 5
  • Total Actual Rent: 4775
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 4: 2
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Grafton High
  • Elementary School: North Grafton
  • Middle Or Junior School: Grafton Middle

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
05/01/2024 05/01/24 Sold $781,630 +0.9% $229 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $775,000 -- $227 / 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: 73202665

MLS Property Information Network (MLS PIN)