$619,000

294 E Main St East Brookfield, MA 01515

Estimated payment $3,639/month

Total Views 2,895
4 Beds
3.5 Baths
3,534 Sq Ft
$175 Price per Sq Ft

Highlights

  • Lake View
  • Deck
  • Jogging Path
  • Waterfront
  • Property is near public transit
  • Forced Air Heating System

About This Home

NEW SEPTIC TO BE INSTALLED! Prime income-producing waterfront asset on Lake Lashaway. Features three residential units—two 1-bedrooms and one 2-bedroom—plus a flexible commercial space ideal for retail, office, or cafe. All units are currently rented below market, offering significant upside for increased cash flow. Lease all for maximum return or occupy one and offset expenses. Located on a full-recreational lake with high year-round demand. Strong rental history, flexible zoning, and attractive waterfront setting make this a strategic opportunity. Septic design on file and approved by the town.

Listing Agent

Cindy Leinonen

Houseworks Realty Listed on: 07/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 1900

Lot Details

  • 4,600 Sq Ft Lot
  • Waterfront
  • Gentle Sloping Lot

Parking

  • 1 Car Garage
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Property Views

  • Lake
  • Scenic Vista

Home Design

  • Quadruplex
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,534 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 360 / 130
  • Assessor Parcel Number M:0042 B:0130 L:00360,3246024

Community Details

Recreation

  • Jogging Path

Additional Features

  • 4 Units
  • Net Operating Income $30,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,190

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1900
  • Levels: 4
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Carpet, Varies
  • Interior Amenities: Pantry, Internet Available - Unknown, Living Room, Kitchen, Living RM/Dining RM Combo, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 3534
  • Living Area: 3534
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: K95476
  • LIST PRICE PER Sq Ft: 175.16
  • PRICE PER Sq Ft: 175.16

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Lake, Lake/Pond, 1/2 to 1 Mile To Beach
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Unpaved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range
  • Heating: Forced Air, Natural Gas
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Walk/Jog Trails, Highway Access, Public School, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0042 B:0130 L:00360,3246024
  • Zoning: C
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4600
  • Lot Size Units: Acres
  • PAGE: 153

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3190
  • Tax Block: 130
  • Tax Book Number: 7150
  • Tax Lot: 360
  • Tax Map Number: 42

Multi Family

  • Gross Income: 30300
  • Net Operating Income: 30300
  • Number Of Units Total: 4
  • Total Actual Rent: 2525
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 2
  • FLRS 2: 2
  • Waterview: Lake

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,928 $383,800 $144,500 $239,300
2024 $3,190 $249,800 $57,800 $192,000
2023 $3,275 $249,800 $57,800 $192,000
2022 $3,366 $248,800 $57,800 $191,000
2021 $3,690 $248,800 $57,800 $191,000
2020 $3,529 $238,100 $57,800 $180,300
2019 $3,605 $218,900 $57,800 $161,100
2018 $3,336 $215,800 $57,000 $158,800
2017 $3,272 $201,000 $52,800 $148,200
2016 $3,324 $190,400 $52,800 $137,600
2015 $3,305 $190,400 $52,800 $137,600
2014 $3,317 $190,400 $52,800 $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 For Sale $619,000 0.0% $175 / Sq Ft
03/31/2015 03/31/15 Rented $650 0.0% --
03/01/2015 03/01/15 Under Contract -- -- --
11/20/2014 11/20/14 For Rent $650 -- --
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Commercial
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73399673

MLS Property Information Network (MLS PIN)

APN: EBRO-000042-000130-000360