$950,000
SOLD JUN 11, 2025
12 Beds
4 Baths
4,800 Sq Ft
10,001 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

11% Above List Price

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Jogging Path
  • Property is near public transit and schools
  • Tennis Courts
  • Porch

About This Home

As of June 2025

RARE Multi-Family Investment Opportunity in Saugus – FOUR Townhouse Units on One Parcel. This rare investment property offers four spacious townhouse-style units, each with 3 bedrooms and 1 bathroom, spanning approximately 1,200 sq ft per unit, for a total of 4,800 sq ft of living space on a 10,000 sq ft lot. Each unit features hardwood floors, a bonus room on the upper level, and separate utilities. Tenants enjoy private rear decks, ample green space, and dedicated off-street parking.Currently fully occupied (Tenants at Will), this property presents significant potential to increase cash flow by adjusting rents to current market rates.Ideally located with convenient access to highways and a short commute to Boston, this property is perfect for investors or owner-occupants looking to live in one unit while generating income from the others.

Last Agent to Sell the Property

Guy Contaldi

RE/MAX Andrew Realty Services Listed on: 05/27/2025

RE/MAX Andrew Realty Services

Last Buyer's Agent

David Cutler

North Shore Realty Pros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,334

Year Built

  • Built in 1937

Lot Details

  • 10,001 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,800 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Storage
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • Window Unit Cooling System
  • 4 Heating Zones
  • Heating System Uses Oil
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $5,400
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:005E B:0005 L:0006,2152233

Community Details

Overview

  • 4 Units
  • Property has 2 Levels

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • Shops
  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,334

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • Year Built: 1937
  • Levels: 8
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 8

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fan(s), Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • Basement: Walk-Out Access, Bulkhead
  • Above Grade Finished Sq Ft: 4800
  • Living Area: 4800
  • Spa YN: No
  • Stories Total: 8
  • MAIN LO: AN1921
  • MAIN SO: AN1441

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • 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, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Oil
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:005E B:0005 L:0006,2152233
  • Zoning: NA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10001
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12334

Multi Family

  • Net Operating Income: 64800
  • Number Of Units Total: 4
  • Total Actual Rent: 5400
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1
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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 List to Sale Price per Sq Ft
06/11/2025 06/11/25 Sold $950,000 +10.6% $198 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $859,000 -- $179 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $12,334 $1,154,900 $315,000 $839,900
2024 $11,979 $1,124,800 $297,000 $827,800
2023 $11,283 $1,002,000 $261,000 $741,000
2022 $10,577 $880,700 $239,400 $641,300
2021 $10,238 $829,700 $207,900 $621,800
2020 $9,481 $795,400 $198,000 $597,400
2019 $8,556 $702,500 $180,000 $522,500
2018 $7,291 $629,600 $174,600 $455,000
2017 $6,588 $546,700 $162,900 $383,800
2016 $5,751 $471,400 $162,600 $308,800
2015 $5,397 $449,000 $154,900 $294,100
2014 $5,502 $473,900 $154,900 $319,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73380408

MLS Property Information Network (MLS PIN)

APN: SAUG M:005-E B:0005 L:0006