NOT LISTED FOR SALE

Estimated Value: $505,011 - $585,000

6 Beds
3 Baths
2,805 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $435,000 $155 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,533/month

8 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Jogging Path
  • Medical Services
  • Wood Flooring
  • Enclosed patio or porch

About This Home

As of February 2023

This three-family home is a great investment opportunity! This property is in great condition with tenants already in place. All are 2 bedroom units and all of the tenants are month to month. 9 Reeves Street features a Detached garage with electricity rented to the 3rd floor and off-street parking for over 6 cars. This property has had many recent updates including a new roof in 2019, rehab in 2014 with new electrical, updated plumbing, new windows, all units painted, wood floors refinished and new flooring throughout. The first floor has a new heating system, and gas heating systems with radiant heat in units 2 and 3. All units have new stoves and fridges and there is a laundry room on premises. Don't miss out on this awesome opportunity! Buyer and/or buyer's agent to do own due diligence.

Last Listed By

Candor Realty Group

Four Points Real Estate, LLC Listed on: 01/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,511

Year Built

  • Built in 1900

Lot Details

  • 5,141 Sq Ft Lot
  • Level Lot

Home Design

  • 2,805 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,375
  • Rent includes unit 1(water), unit 3(water)
  • Assessor Parcel Number M:10 B:024 L:00024,1772353

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Net Operating Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,511

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Varies Per Unit,Laminate,Hardwood, Unit 1(undefined), Unit 3(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room, Washer Hookup, Dryer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2805
  • Stories Total: 6
  • MAIN LO: AN5498
  • LIST PRICE PER Sq Ft: 167.52
  • PRICE PER Sq Ft: 155.08
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, University
  • Rent Includes: Unit 1(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:10 B:024 L:00024,1772353
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5141
  • Lot Size Units: Acres
  • PAGE: 206
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5511
  • Tax Book Number: 65859

Multi Family

  • Gross Income: 28500
  • Net Operating Income: 28500
  • Number Of Units Total: 3
  • Total Actual Rent: 3375
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2011
Sold by
Cruz Elvira and Td Bank Na
Bought by
Td Bank Na
Total Days on Market
8
Current Estimated Value
$545,253

Purchase Details

Closed on
Aug 9, 2006
Sold by
Cruz Elivira and Quintanilla Jose
Bought by
Cruz Elvira

Purchase Details

Closed on
Nov 18, 2003
Sold by
Hogan Christy and Hogan Sean
Bought by
Cruz Elvira and Quintanilla Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,960
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1994
Sold by
Citizens Bank Of Mass
Bought by
Hogan Sean and Gebo Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1992
Sold by
Doyon Fred V
Bought by
Boston 5C Sb

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Td Bank Na $119,920 --
Cruz Elvira -- --
Cruz Elvira $268,000 --
Hogan Sean $71,000 --
Boston 5C Sb $78,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roseman David $412,750
Open Ortins Cap Partners Grp $1,380,000
Closed Vazquez Wilfredo $259,700
Closed Vazquez Wilfredo $210,000
Closed Vazquez Wilfredo $150,000
Closed Vasquez Wilfredo $122,500
Previous Owner Cruz Elvira $12,000
Previous Owner Cruz Elvira $259,960
Previous Owner Boston 5C Sb $128,100
Previous Owner Boston 5C Sb $19,000
Previous Owner Boston 5C Sb $56,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $435,000 -7.4% $155 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $469,900 -- $168 / 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 $5,771 $437,500 $99,300 $338,200
2024 $5,660 $411,600 $99,300 $312,300
2023 $5,238 $365,300 $86,300 $279,000
2022 $5,511 $362,300 $69,100 $293,200
2021 $4,568 $280,600 $55,300 $225,300
2020 $4,316 $253,900 $55,300 $198,600
2019 $4,016 $223,100 $49,700 $173,400
2018 $4,086 $216,100 $49,700 $166,400
2017 $3,896 $202,700 $49,700 $153,000
2016 $3,772 $183,000 $37,000 $146,000
2015 $3,673 $183,000 $37,000 $146,000
2014 $3,576 $183,000 $37,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73068153

MLS Property Information Network (MLS PIN)

APN: WORC-000010-000024-000024