NOT LISTED FOR SALE
14 Beds
6 Baths
5,823 Sq Ft
4,792 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $1,010,000 $173 Per Sq Ft

7 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Park
  • Wood Flooring
  • Additional Land
  • Coin Laundry

About This Home

As of March 2022

Six-unit multi-family complex with an additional lot, situated in the Mt. Washington neighborhood between the I-495, and the Merrimack River. Units are leased under market value with significant potential for increased rents! Electric is fully separately metered, gas is separate for 3 units and the owner pays for the other 3. Coin operated washer and dryers are in the common area. Owners expenses are listed below. This building is sold with an additional lot (0 Ayer St) directly across the street which can park 12 cars. Units have been renovated over the last couple of years with flooring, paint, vanities and a brand new independently monitored fire alarm system has been installed. This large building and all the parking that comes on the additional lot makes this an investment you don't want to miss.

Last Agent to Sell the Property

Patrick Hermans

J. Borstell Real Estate, Inc. Listed on: 01/18/2022

Co-Listed By

Lorenzo Micali

J. Borstell Real Estate, Inc.

Last Buyer's Agent

John Gallant

Dina's Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,694

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Additional Land

Home Design

  • 5,823 Sq Ft Home
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

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

Parking

  • 12 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 4 Heating Zones

Listing and Financial Details

  • Total Actual Rent $8,300

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Coin Laundry

Recreation

  • Park

Building Details

  • Electric Expense $304
  • Insurance Expense $4,530
  • Water Sewer Expense $3,829
  • Operating Expense $11,456
  • Net Operating Income $88,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,694

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Wood,Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 14
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Walk-Out Access, Unfinished
  • Living Area: 5823
  • Stories Total: 11
  • MAIN LO: G80038
  • LIST PRICE PER Sq Ft: 171.73
  • PRICE PER Sq Ft: 173.45
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Laundromat, Highway Access, Public School

Fee Information

  • Water Sewer Expenses: 3829

Lot Info

  • Zoning: UNKNWN
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Additional Land Avail.
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4635
  • PAGE: 285

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5694
  • Tax Book Number: 12885

Multi Family

  • Electric Expense: 304
  • Gross Income: 99600
  • Insurance Expense: 4530
  • Net Operating Income: 88144
  • Number Of Units Total: 6
  • Operating Expense: 11456
  • Total Actual Rent: 8300
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 3
  • FLRS 4: 3
  • FLRS 3: 1
  • FLRS 2: 2

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
03/25/2022 03/25/22 Sold $1,010,000 +1.0% $173 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $999,999 -- $172 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72934699

MLS Property Information Network (MLS PIN)