$580,000
SOLD JUL 3, 2024

7 Prospect St Ayer, MA 01432

5 Beds
4 Baths
2,185 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Deck
  • Balcony
  • Tile Flooring
  • Upgraded Countertops
  • Bathtub with Shower
  • 3-minute walk to Pirone Park

About This Home

As of July 2024

COMING SOON-Opportunity to own a FOUR unit Multi Family! First floor unit #2 has been TOTALLY REMODELED with a new stainless/white kitchen, modern flooring and fresh paint throughout. The other 3 units were updated in 2012 and in good condition. Current rents are below market- all TAW. There is a large shed for owner use and a full basement for storage. Five recently paved off street parking spots. All separate utilities, gas heat, HW, electric with common landlord panel. Profitable investment property, add to your portfolio or owner-occupy! One block off Main St near the Library and Pirone Park. Convenient to the "T" commuter rail station, many shops and restaurants, Ayer has a lot to offer! Please do not disturb tenants. OFFERS To be presented Tuesday 5/21 at 9am.

Last Agent to Sell the Property

Brianne Weider

Keller Williams Realty North Central

Keller Williams Realty North Central

Last Buyer's Agent

Alton Phouvong

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1850

Home Design

  • Stone Foundation

Interior Spaces

  • 2,185 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Additional Features

  • 8,276 Sq Ft Lot
  • 4 Heating Zones

Listing and Financial Details

  • Total Actual Rent $3,050
  • Assessor Parcel Number M:027 B:0000 L:0147,347566

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Electric Expense $144
  • Insurance Expense $2,886
  • Water Sewer Expense $905
  • Operating Expense $6,944
  • Net Operating Income $29,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,650

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1850
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Carpet
  • Interior Amenities: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living RM/Dining RM Combo, Kitchen, Living Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Range Hood
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Walk-Out Access, Interior Entry, Unfinished
  • Living Area: 2185
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 263.16
  • PRICE PER Sq Ft: 265.45
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Balcony/Deck
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • Hot Water: Electric

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 905

Lot Info

  • Parcel Number: M:027 B:0000 L:0147,347566
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276
  • Lot Size Units: Acres
  • PAGE: 596
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4650
  • Tax Book Number: 58998

Multi Family

  • Electric Expense: 144
  • Gross Income: 4950
  • Insurance Expense: 2886
  • Net Operating Income: 29656
  • Number Of Units Total: 4
  • Operating Expense: 6944
  • Total Actual Rent: 3050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Map

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
07/03/2024 07/03/24 Sold $580,000 +0.9% $265 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $575,000 +194.9% $263 / Sq Ft
05/02/2012 05/02/12 Sold $195,000 -7.1% $88 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $209,900 -- $94 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73233652

MLS Property Information Network (MLS PIN)