Seller's Agent in 2024
Benjamin Carbone
Lamacchia Realty, Inc.
(860) 382-6184
88 Total Sales
40 Sturbridge Rd Charlton, MA 01507
Charlton Area
10
Beds
6
Baths
5,239
Sq Ft
1.27
Acre Lot
About This Home
As of April 2024Presenting this turnkey 6 unit income producing asset located in Charlton, MA just off of Route 20. The building features 4 - three bed/one bath units, 1 - two bed/one bath unit and 1 - one bed/one bath unit. The building has been well maintained and managed with 6 newly installed water heaters, 4 being tankless, furnace use was removed to avoid future expenses and new gutters installed. CapEx has been addressed. Both structure and units are in great condition. 40 Sturbridge Rd presents an extremely strong rent roll at purchase. Current NOI is nearly $70,000 with the ability for rental increases bringing proforma NOI to $96,000.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,727
Year Built
- Built in 1880
Lot Details
- 1.27 Acre Lot
- Level Lot
Home Design
- 5,239 Sq Ft Home
- Stone Foundation
- Shingle Roof
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 10 Car Parking Spaces
- Off-Street Parking
Utilities
- Heating System Uses Propane
- Private Water Source
Listing and Financial Details
- Total Actual Rent $7,518
- Assessor Parcel Number M:0027 B:000C L:0000010,1478862
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Electric Expense $360
- Insurance Expense $6,000
- Water Sewer Expense $4,800
- Operating Expense $19,359
- Net Operating Income $70,857
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $800,000 | -1.8% | $153 / Sq Ft |
| 02/25/2024 02/25/24 | Pending | -- | -- | -- |
| 02/21/2024 02/21/24 | For Sale | $815,000 | -- | $156 / 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 | $8,396 | $754,400 | $108,800 | $645,600 |
| 2024 | $7,727 | $681,400 | $102,900 | $578,500 |
| 2023 | $7,640 | $627,800 | $105,100 | $522,700 |
| 2022 | $5,772 | $434,300 | $72,100 | $362,200 |
| 2021 | $3,760 | $250,500 | $72,100 | $178,400 |
| 2020 | $3,742 | $250,500 | $72,100 | $178,400 |
| 2019 | $3,700 | $250,500 | $72,100 | $178,400 |
| 2018 | $3,382 | $250,500 | $72,100 | $178,400 |
| 2017 | $3,205 | $227,300 | $72,100 | $155,200 |
| 2016 | $3,132 | $227,300 | $72,100 | $155,200 |
| 2015 | $3,050 | $227,300 | $72,100 | $155,200 |
| 2014 | $3,060 | $241,700 | $88,500 | $153,200 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Carbone
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73203378
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.
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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