NOT LISTED FOR SALE
7 Beds
5 Baths
3,312 Sq Ft
5,663 Sq Ft Lot

Last Sold February 01, 2023

Last sale price $790,000 $239 Per Sq Ft

37 Days on Market

Highlights

  • Property is near public transit and schools
  • Shops
  • Heating Available
  • Park
  • Fenced
  • 3-minute walk to Military Park

About This Home

As of February 2023

Fantastic opportunity to buy a four-family home in North Woburn! Cash flow positive with the opportunity to increase rents, add value, or develop. All four units have separate heat/electricity, with a common electric meter / water&sewer. The first level of the property consists of three apartments; (2) 2-bedrooms (one oil, one gas heat), and (1), 1-bedroom (gas heat) apartments. The second and third floor features a 4 bedroom 2 baths (gas heat). Large backyard, all tenants are TAW. Convenient location, rent as-is, upgrade in place, or develop now or in the future.

Last Agent to Sell the Property

Cameron Moniz

Coldwell Banker Realty - Lexington Listed on: 11/08/2022

Coldwell Banker Realty - Lexington

Co-Listed By

John Ross

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Roc Noelsaint

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1940

Lot Details

  • 5,628 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,312 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Location

  • Property is near public transit and schools

Schools

  • Kennedy Middle School
  • Woburn High School

Utilities

  • Heating Available
  • 200+ Amp Service
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $9,000
  • Rent includes unit 1(water), unit 2(water), unit 4(water)
  • Assessor Parcel Number M:18 B:02 L:02 U:00,904660

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Recreation

  • Park

Additional Features

  • Shops
  • Net Operating Income $106,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,776

Year Built

Built in 1940

Lot Details

5,628 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1940
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 4(Range,Dishwasher,Refrigerator), Oil Water Heater,Gas Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Interior Entry, Unfinished
  • Living Area: 3312
  • Stories Total: 5
  • MAIN LO: AN6181
  • MAIN SO: NB4126

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Oil), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 4(Water)

Lot Info

  • Parcel Number: M:18 B:02 L:02 U:00,904660
  • Zoning: B-H
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5628
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3776

Multi Family

  • Net Operating Income: 106800
  • Number Of Units Total: 4
  • Total Actual Rent: 9000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

MLS Schools

  • High School: Woburn
  • Middle Or Junior School: Kennedy
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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 Prior Sale
02/01/2023 02/01/23 Sold $790,000 -1.2% $239 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $799,900 0.0% $242 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $799,900 +150.0% $242 / Sq Ft
01/30/2015 01/30/15 Sold $320,000 -2.7% $97 / Sq Ft View Prior Sale
12/31/2014 12/31/14 Pending -- -- --
10/20/2014 10/20/14 For Sale $329,000 -- $99 / 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 $6,015 $704,300 $297,900 $406,400
2024 $4,243 $526,400 $283,700 $242,700
2023 $4,355 $500,600 $257,900 $242,700
2022 $3,776 $404,300 $224,300 $180,000
2021 $7,279 $393,600 $213,600 $180,000
2020 $3,546 $380,500 $213,600 $166,900
2019 $7,304 $344,200 $203,400 $140,800
2018 $3,172 $320,700 $186,600 $134,100
2017 $3,260 $328,000 $177,800 $150,200
2016 $4,221 $420,000 $166,100 $253,900
2015 $4,031 $396,400 $155,300 $241,100
2014 $3,987 $381,900 $179,300 $202,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73056196

MLS Property Information Network (MLS PIN)
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