Seller's Agent in 2022
Eric Cudmore
Century 21 North East
(978) 423-6771
92 Total Sales
6 Grove St Topsfield, MA 01983
Topsfield Area
7
Beds
4.5
Baths
3,823
Sq Ft
0.4
Acre Lot
Highlights
- Wood Flooring
- Jogging Path
- Patio
- Proctor Elementary School Rated A-
- Porch
- Park
About This Home
As of September 2022Extremely rare and unique legal four-unit multi-family. This 17,424 sq. ft. lot is located perfectly in downtown Topsfield (one minute walk to the Proctor Elementary School) consisting of three stand-alone buildings, two that were built in 2014, the other in 1920 and awards plenty of parking. A high-end gravity fed septic system was installed in 2014, town water a plus. With 7 bedrooms, 4 full bathrooms, and 1 half bathroom, this is a sure moneymaker. Low maintenance with too many positives to list! Investors have many options to create wealth. Buy and hold with long term tenants in place, buy and convert into four condos for a quick flip, or buy and reside in one unit and live for free. Rents are below current market conditions. This gem is available because sellers are moving out of state. No open house, buyers to be pre-approved or have proof of funds. Call today. Sold as is. First group showing Sunday at 4PM.
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,726
Year Built
- Built in 2014
Lot Details
- 17,424 Sq Ft Lot
- Level Lot
- Cleared Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,823 Sq Ft Home
- Window Screens
Flooring
- Wood
- Wall to Wall Carpet
- Concrete
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Parking
- 10 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Patio
- Rain Gutters
- Porch
Location
- Property is near golf course and schools
Schools
- Proctor Elementary School
- Masconomet Middle School
- Masconomet High School
Utilities
- No Cooling
- Heating Available
- Separate Meters
- 220 Volts
- 200+ Amp Service
- 100 Amp Service
- Tankless Water Heater
- Gas Water Heater
- Oil Water Heater
- Private Sewer
Listing and Financial Details
- Total Actual Rent $7,250
- Rent includes unit 1(none), unit 2(none), unit 3(hot water), unit 4(hot water)
- Tax Block 0011
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $2,500
- Water Sewer Expense $2,400
- Operating Expense $21,826
- Net Operating Income $65,174
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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 |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $1,400,000 | -9.7% | $366 / Sq Ft |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- |
| 05/12/2022 05/12/22 | For Sale | $1,550,000 | -- | $405 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Eric Cudmore
-
N
Buyer's Agent in 2022
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72980853
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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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