$700,000
SOLD JAN 8, 2024
9 Beds
3 Baths
4,077 Sq Ft
6,077 Sq Ft Lot

Recently Sold

$172 Per Sq Ft

3% Above List Price

5 Days on Market

About This Home

As of January 2024

Don't let this spacious, well maintained, turn key opportunity slip away. As an investor your walking into an already positive cash flow situation with room to increase revenue given what the current rates are, or, owner occupied buyers will have the chance to own this while their personal monthly living expenses remain lower than the average cost to rent a comparable unit. Very large units with good size bedrooms, ample closet space, living and dining rooms. Home is located in a very desirable area only a few miles from the new train station coming this way! Close to the highways, downtown, and the waterfront district. Roof is only about 10 years old, maintenance free vinyl siding is in great shape. Home features replacement windows, updated units throughout the years, brand new washer/dryer coin-ops, new sewer line. Two units TAW, 3rd unit lease ends 5/31/24. There's a big driveway with a detached 2 car garage, all separate utilities. All appliances to convey as-is as-viewed.

Last Agent to Sell the Property

Nicholas Ozug

Cheryl Darnbrough Real Estate Listed on: 12/05/2023

Last Buyer's Agent

Erica Mendes

RE/MAX Vantage

RE/MAX Vantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,265

Year Built

  • Built in 1900

Lot Details

  • 6,077 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 4,077 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Listing and Financial Details

  • Total Actual Rent $5,050
  • Assessor Parcel Number M:0B13 B:0000 L:0009,2821216

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,265

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 4077
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: FR0076
  • LIST PRICE PER Sq Ft: 166.54
  • PRICE PER Sq Ft: 171.69
  • MAIN SO: AN3217

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0B13 B:0000 L:0009,2821216
  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6077
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7265
  • Tax Book Number: 0

Multi Family

  • Gross Income: 64800
  • Net Operating Income: 64800
  • Number Of Units Total: 3
  • Total Actual Rent: 5050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
May 5, 2023
Sold by
Patel Kamleshkumar
Bought by
Jks Investments Llc
Seller's Agent
FAUSTO PINA
Centurion Realty Group, LLC
Buyer's Agent
Nicholas Ozug
Cheryl Darnbrough Real Estate
List Price
$620,000
Sold Price
$620,000
Views
106
Current Estimated Value
$757,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,757
Avg. Annual Appreciation
8.91%
Original Mortgage
$465,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2005
Sold by
Wolstenholme Carol A and Wolstenholme Richard L
Bought by
Medeiros Carlos A and Medeiros Maria M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Land Court Massachusetts $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $665,000 Purchase Money Mortgage
Previous Owner $465,000 Purchase Money Mortgage
Previous Owner $313,405 New Conventional
Previous Owner $7,002 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $700,000 +3.1% $172 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $679,000 +9.5% $167 / Sq Ft
03/07/2023 03/07/23 Sold $620,000 0.0% $152 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
12/06/2022 12/06/22 Price Changed $620,000 0.0% $152 / Sq Ft
12/06/2022 12/06/22 For Sale $620,000 -4.6% $152 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $650,000 +97.0% $159 / Sq Ft
12/28/2018 12/28/18 Sold $329,900 0.0% $81 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $329,900 -- $81 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $7,380 $644,500 $126,300 $518,200
2024 $7,061 $614,500 $121,500 $493,000
2023 $7,265 $592,100 $104,200 $487,900
2022 $6,400 $507,100 $94,700 $412,400
2021 $5,988 $433,000 $87,600 $345,400
2020 $5,318 $368,000 $83,800 $284,200
2019 $3,660 $251,000 $79,900 $171,100
2018 $3,399 $232,500 $78,400 $154,100
2017 $3,277 $234,100 $80,000 $154,100
2016 $3,185 $233,700 $83,300 $150,400
2015 $3,016 $230,600 $80,200 $150,400
2014 $3,127 $248,600 $84,400 $164,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73185005

MLS Property Information Network (MLS PIN)

APN: FALL-000013B-000000-000009