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Key Details
Sold Price $522,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 4,363 sqft
Price per Sqft $119
MLS Listing ID 72321686
Sold Date 08/23/18
Bedrooms 12
Full Baths 3
Year Built 1930
Annual Tax Amount $5,609
Tax Year 2018
Lot Size 5,227 Sqft
Acres 0.12
Property Description
$60,000 projecting annual rents opportunities: one 5-bedroom single family + 2-family (3 and 4 bedrooms) on a single corner lot. This fully-rented rare-find 3 family layout presents two options: investor with easy-to-rent or owner-occupied with almost-live-for-free-with-two-other-units-rents. All hardwood floors, separate utilities, both heat and hot water by gas; long term tenants(4yrs, 3 yrs and 4 yrs) with tenant at will. Single family tenant will move out at the end of May to move into their new purchase home. About 10 years ago, the 2nd floor of the 2-family was totally rebuilt due to fire damaged. Newer hot water tanks. With the current rental market and still low mortgage rate, for investor, it is easy-to-maintain rental property with great recurring income, for home owners, why rent if someone will pay for your mortgage?
Location
State MA
County Middlesex
Zoning none
Direction Bridge St --> 5th St
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features Unit 1(Ceiling Fans), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo)
Heating Unit 1(Steam, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)
Cooling Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
Appliance Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range
Exterior
Utilities Available for Gas Range
Waterfront false
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Manjit Banwait • United Brokers
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