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Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,792 sqft
Price per Sqft $121
MLS Listing ID 72285764
Sold Date 07/13/18
Bedrooms 8
Full Baths 4
Year Built 1900
Annual Tax Amount $5,506
Tax Year 2017
Lot Size 5,662 Sqft
Acres 0.13
Property Description
**BACK ON MARKET** - Being sold as 4 unit property - Fully rented/leased - Excellent investment property to buy and hold or perfect opportunity for someone that wants to live in one unit and rent out the other 3 units. This property generates $52,256/year in rents. See attached income and expense for full financial breakdown. BONUS/VALUE-ADD - Unfinished walk-up attic, full height, could maybe be turned into 4 more bedrooms to make it 2br/2br/4br/4br to add additional revenue and value to the property. There is off-street parking for 3-4 cars. Great location near commuter rail, downtown, shops, and restaurants. Easy access to 495 and route 125. Separate Utilities. Tenants pay their own utilities. 1 Gas Forced Hot Air Furnace and 3 Electrical Baseboard systems. Come check it out ~ Property will not last ~ Property can be sold w/ 40 North Street - Scheduled Show Times: Sat May 26th @ 3pm & Tue May 29th @ 5pm - Please arrive 10min before showing
Location
State MA
County Essex
Zoning unknown
Direction Google Maps
Rooms
Basement Full, Partial
Interior
Flooring Wood
Appliance Gas Water Heater
Exterior
Community Features Public Transportation
Waterfront false
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Story 6
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Miloud Hraiba • Action Realty
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Jim Armstrong
Team Leader/Broker Associate | License ID: 9074205
Team Leader/Broker Associate License ID: 9074205