NOT LISTED FOR SALE
7 Beds
5 Baths
3,413 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: May 1, 2024

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

3 Days on Market

Highlights

  • Property is near public transit and schools
  • Home Office
  • Porch
  • Wood Flooring
  • Additional Land
  • Bathtub with Shower

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 - Worcester Listed on: 02/15/2024

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Melissa Clark

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

Coldwell Banker Realty - Worcester
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,649

Year Built

  • Built in 1900

Lot Details

  • 21,780 Sq Ft 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 and 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

0.5 Acres

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 30, 2024
Sold by
Bought by
Seller's Agent
Melissa Clark
Coldwell Banker Realty - Worcester
Buyer's Agent
Melissa Clark
Coldwell Banker Realty - Worcester
List Price
$775,000
Sold Price
$781,630
Premium/Discount to List
$6,630
0.86%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Outstanding Balance
$563,927
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2021
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$781,630 None Available
-- None Available
$255,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $577,500
Closed $25,000
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
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

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 $8,301 $595,500 $185,600 $409,900
2024 $8,084 $564,900 $176,800 $388,100
2023 $7,649 $486,900 $176,800 $310,100
2022 $7,797 $461,900 $151,800 $310,100
2021 $7,564 $440,300 $138,000 $302,300
2020 $7,265 $440,300 $138,000 $302,300
2019 $5,874 $352,600 $132,700 $219,900
2018 $5,959 $359,200 $131,900 $227,300
2017 $6,089 $371,300 $124,200 $247,100
2016 $6,069 $362,300 $100,000 $262,300
2015 $5,537 $335,600 $98,800 $236,800
2014 $4,630 $303,400 $116,600 $186,800
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73202665

MLS Property Information Network (MLS PIN)
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