Seller's Agent in 2022
John Wariebi
Property Investors & Advisors, LLC
(508) 335-5076
1 in this area
72 Total Sales
238 Main St Douglas, MA 01516
11
Beds
6
Baths
4,436
Sq Ft
1.5
Acres
Highlights
- Granite Flooring
- Property is near public transit and schools
- 1 Fireplace
- 1.5 Acre Lot
- Wooded Lot
- Porch
About This Home
As of May 2022Your chance to own one of a few multifamily in Douglas with one of the largest lot for a multi family. This fully rented 6 family building is available for sale for the first time in 2 decades. This property sits on a 1.5 Acres lot with potential to develop the lot. The average tenant in this building has rented for 4.5 years. The property has all replacement windows, unit one was completed redone by current owners, all newer hot water tanks, all appliances convey with the property, centrally located with easy highway access. Long term tenants paying below market rate. Coin operated washer and dryer for extra income.
Last Agent to Sell the Property
Property Investors & Advisors, LLC Listed on: 02/18/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,454
Year Built
- Built in 1847
Lot Details
- 1.5 Acre Lot
- Level Lot
- Wooded Lot
Home Design
- Block Foundation
- Shingle Roof
- Rubber Roof
Interior Spaces
- 4,436 Sq Ft Home
- 1 Fireplace
- Insulated Windows
- Insulated Doors
- Finished Basement
Flooring
- Wood
- Carpet
- Granite
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Parking
- 20 Car Parking Spaces
- Off-Street Parking
Utilities
- 1 Cooling Zone
- 6 Heating Zones
- 100 Amp Service
- Electric Water Heater
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $4,830
- Tax Block 76
- Assessor Parcel Number M:0163 B:0000076 L:,1492553
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
Building Details
- Electric Expense $1,553
- Insurance Expense $3,596
- Water Sewer Expense $3,872
- Operating Expense $14,902
- Net Operating Income $43,058
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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 |
|---|---|---|---|---|
| 05/02/2022 05/02/22 | Sold | $600,000 | -4.6% | $135 / Sq Ft |
| 02/18/2022 02/18/22 | Pending | -- | -- | -- |
| 02/18/2022 02/18/22 | For Sale | $629,000 | -- | $142 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,471 | $567,300 | $110,600 | $456,700 |
| 2024 | $7,427 | $549,300 | $105,300 | $444,000 |
| 2023 | $6,419 | $447,000 | $105,300 | $341,700 |
| 2022 | $6,454 | $395,000 | $94,200 | $300,800 |
| 2021 | $6,349 | $379,700 | $89,800 | $289,900 |
| 2020 | $5,602 | $329,900 | $89,800 | $240,100 |
| 2019 | $5,493 | $313,900 | $89,800 | $224,100 |
| 2018 | $4,895 | $304,600 | $89,800 | $214,800 |
| 2017 | $4,815 | $288,000 | $89,000 | $199,000 |
| 2016 | $4,684 | $278,500 | $89,000 | $189,500 |
| 2015 | $4,584 | $278,500 | $89,000 | $189,500 |
Source: Public Records
Agents Affiliated with this Home
-
John Wariebi
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72944389
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