NOT LISTED FOR SALE
36 Beds
12 Baths
12,360 Sq Ft
0.32 Acres

Last Sold June 24, 2022

Last sale price $2,600,000 $210 Per Sq Ft

68 Days on Market

Highlights

  • Golf Course Community
  • Granite Flooring
  • Corner Lot
  • Medical Services
  • Property is near public transit
  • Tennis Courts

About This Home

As of June 2022

Looking for a GREAT investment opportunity with an EXCELLENT cash flow, then this property is it. This property consist of (2) 6 unit buildings with (12) 3 bedroom apartments. Each unit has been DELEADED, newer kitchens & baths, separate utilities and updated heating, electrical and hot water systems too. Plenty of off street parking. Great location within minutes of numerous shops, commuter rail station, local bus transportation and Routes 24, 28 & 37. Please review the attached property “Rent Roll” and “Cash Flow Chart” for Gross Income and Net Expenses. These buildings come with a very SOLID Cap Rate.

Last Agent to Sell the Property

Charles Lima

Keller Williams Realty Listed on: 12/16/2021

Keller Williams Realty

Last Buyer's Agent

Jesse Malzone

Silver Key Homes Realty

Silver Key Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,195

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Near Conservation Area
  • Corner Lot

Home Design

  • Frame Construction

Interior Spaces

  • 12,360 Sq Ft Home
  • Insulated Windows
  • Dishwasher

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 12 Full Bathrooms

Basement

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

Parking

  • 18 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 12 Heating Zones
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $21,200
  • Tax Lot 126

Community Details

Overview

  • 12 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $1,364
  • Insurance Expense $7,357
  • Water Sewer Expense $9,925
  • Operating Expense $60,512
  • Net Operating Income $138,948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,195

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 NSP
  • Buyer Agency Type: %
  • Transaction Broker: 2 NSP
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave), Unit 2(Range,Dishwasher,Microwave), Unit 3(Range,Dishwasher,Microwave), Unit 4(Range,Dishwasher,Microwave), Tank Water Heater
  • Total Bedrooms: 36
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Total Bathrooms: 12
  • Basement: Full, Interior Entry
  • Living Area: 12360
  • Stories Total: 9
  • Window Features: Insulated Windows
  • MAIN LO: BB4624
  • LIST PRICE PER Sq Ft: 218.45
  • PRICE PER Sq Ft: 210.36
  • MAIN SO: AN1199

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 18

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT ZONES: 12

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 9925

Lot Info

  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 14100
  • Lot Size Units: Acres
  • PAGE: 275

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 19195.1
  • Tax Book Number: 45186
  • Tax Lot: 126
  • Tax Map Number: 181

Multi Family

  • Electric Expense: 1364
  • Gross Income: 203360
  • Insurance Expense: 7357
  • Net Operating Income: 138948
  • Number Of Units Total: 12
  • Operating Expense: 60512
  • Total Actual Rent: 21200
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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
06/24/2022 06/24/22 Sold $2,600,000 -8.8% $210 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $2,850,000 -- $231 / 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: 72928366

MLS Property Information Network (MLS PIN)