NOT LISTED FOR SALE
7 Beds
7 Baths
5,381 Sq Ft
4,792 Sq Ft Lot Lot

Sale Details

Date Sold: October 28, 2019

Last sale price $475,000 $88 Per Sq Ft

21 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • Garden Home
  • Baseboard Heating

About This Home

As of October 2019

IS LOCATION IMPORTANT TO YOU? Then this 7-UNIT IS IDEALLY SUITED in the NORTH END, conveniently located just off Elm Street. ALL EASY TO MANAGE 1-BEDROOM UNITS!!. Tenants pay their own heat (7 individual FHW by Natural Gas systems) and Electric. Owner pays for Hot Water. A very quiet and stable rental property, FULLY LEASED. Current GROSS $60,840/YEAR w/$10,637 Expenses (including taxes). Potential Gross $66,0 at $795/each per month. Property in need of minor TLC (Exterior paint, trim work) Please Note: Scheduled showings will only be done once buyers have driven by and walked around the property to determine further interest

Last Agent to Sell the Property

Pierre Peloquin

Pierre Peloquin Realty License #002205 Listed on: 07/03/2019

Last Buyer's Agent

Matthew Ping

Ledgeview Commercial Partners, LLC License #068621

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,149

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Garden Home
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 7 Full Bathrooms
  • 5,381 Sq Ft Home
  • 2.5-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • On-Site Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • 100 Amp Service
  • Gas Available
  • Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 11

Community Details

Overview

  • 7 Units

Building Details

  • 7 Separate Gas Meters
  • Operating Expense $10,637
  • Gross Income $60,840
  • Net Operating Income $50,203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,149

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Garden
  • Directions: NORTH ON ELM STREET RIGHT ON BROOK STREET. #22 ON LEFT
  • Footprint: 24X94
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 88.27
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5381
  • Sq Ft - Apx Total Finished: 5381
  • Year Built: 1900
  • List Agent: 2331
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Full, Stairs - Exterior, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 5381

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Asphalt, Wood
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: On-Site, Parking Spaces 2, Paved

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Community
  • Water: Community
  • Water Heater: Free Standing, Included, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water, Individual
  • Separate Utilities: Varies
  • Total Electric Meters: 8
  • Total Gas Meters: 7
  • Total Heat Units: 7
  • Total Ranges: 7
  • Total Refrigerators: 7
  • Total Water Heaters: 1
  • Trash: Municipal
  • Utilities: Cable, Gas - On-Site

Lot Info

  • Map: 08
  • Lot: 11
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Zoning: RES
  • Deed Book: 8940
  • Deed Page: 2546
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 60840
  • Net Income: 50203
  • Total Full Baths: 7
  • Total Units: 7
  • Total1 Bedroom Units: 7

Tax Info

  • Tax Gross Amount: 6149
  • Tax Year: 2019
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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
10/28/2019 10/28/19 Sold $475,000 -2.9% $88 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $489,000 -- $91 / Sq Ft
Source: PrimeMLS

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 $9,222 $471,000 $74,600 $396,400
2023 $8,883 $471,000 $74,600 $396,400
2022 $8,591 $471,000 $74,600 $396,400
2021 $8,326 $470,900 $74,500 $396,400
2020 $7,321 $266,100 $64,800 $201,300
2019 $6,389 $262,700 $64,800 $197,900
2018 $6,150 $262,700 $64,800 $197,900
2017 $5,799 $262,700 $64,800 $197,900
2016 $6,079 $262,700 $64,800 $197,900
2015 $5,424 $231,400 $58,000 $173,400
2014 $5,438 $231,400 $58,000 $173,400
2013 $5,246 $231,400 $58,000 $173,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4762607

PrimeMLS
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