NOT LISTED FOR SALE

332 Main St Ashland, MA 01721

9 Beds
5 Baths
4,245 Sq Ft
0.3 Acres

Last Sold October 30, 2020

Last sale price $825,000 $194 Per Sq Ft

14 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Garden
  • Ashland Middle School Rated A-
  • Tankless Water Heater

About This Home

As of October 2020

Beautifully maintained, 5 family investment property located within a short walk to downtown Ashland and just 1 mile from the commuter rail station. This property generates $80K income per year, and yields an impressive 6.4% CAP rate. There are 2 buildings on the property. The main house in the front has 4 units (1 x 3BR, 2 x 2BR, 1 x 1BR) and a very cute carriage house in the rear creates the 5th unit (1BR). All units are fully rented and occupancy rate has averaged 97-98% every year. All the heavy lifting is done with $140K of capital improvements in the last 5 years. 2016 - high efficiency Viessman boiler with 5 zones and densepack insulation. 2017 - vinyl siding and new gutters. 2018 - new asphalt driveway with 10 space parking lot. 2019 - new asphalt roof. All units are well maintained, some with original hardwood floors, some with carpet. Coin op laundry in basement for additional income.

Last Agent to Sell the Property

Kevin Clue

WestHill Properties Listed on: 09/05/2020

Last Buyer's Agent

Didier Lopez

RE/MAX One Call Realty

RE/MAX One Call Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1863

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Garden

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

  • Ashland High School

Utilities

  • Water Holding Tank
  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Window Screens
  • Rain Gutters
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:014.0 B:0415 L:0000.0

Property Details

Home Type

Multi-Family

Year Built

Built in 1863

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 2790
  • Year Built Description: Actual
  • List Price Per Sq Ft: 197.64
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1863
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1863

Interior Features

  • Fireplaces: 1
  • Flooring: Vinyl, Wall to Wall Carpet, Hardwood
  • Total Flrs: 6
  • Total Frplcs: 1
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 5
  • Total Fbh: 5
  • No Rooms: 25
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor
  • Main Lo: BB5172
  • Main So: BB5763
  • Estimated Sq Ft: 4245.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Gutters, Professional Landscaping, Screens, Garden Area
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 3300
  • Electric Features: 110 Volts, 220 Volts, Circuit Breakers, 200 Amps
  • Heat Zones: 6
  • Hot Water: Natural Gas, Tank, Tankless
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Laundromat, House of Worship, Public School, T-Station

Schools

  • Elementary School: Elementary
  • Middle School: Ashland Middle
  • High School: Ashland High

Lot Info

  • Assessments: 466900.00
  • Acre: 0.30
  • Lot Size: 13068.00
  • Page: 40
  • Parcel Number: M:014.0 B:0415 L:0000.0
  • Zoning: Res. B
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Storm Doors, Varies per Unit

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 6
  • Total Rent: 6670
  • Total Rms: 25
  • No Units: 5
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 7545.00
  • Assessor Parcel Number: 3294112
  • Tax Year: 2020

MLS Schools

  • Grade School: Elementary
  • High School: Ashland High
  • Middle School: Ashland 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 Change Sq Ft Price
10/30/2020 10/30/20 Sold $825,000 -1.7% $194 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $839,000 -- $198 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kevin Clue

    WestHill Properties

  • Didier Lopez

    Buyer's Agent in 2020

    Didier Lopez

    RE/MAX

    (617) 818-8500

    14 in this area

    252 Total Sales

    Didier Lopez
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72721292

MLS Property Information Network (MLS PIN)

APN: ASHL M:014/014.0-0415-0000.0

Massachusetts Middlesex County Ashland 01721

332 Main St, Ashland, MA

This home is located at 332 Main St, Ashland, MA 01721 since 05 September 2020. This property was built in 1863. 332 Main St is a home located in Middlesex County with nearby schools including William Pittaway Elementary School, David Mindess Elementary School, and Henry E. Warren Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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