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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,324 sqft
Price per Sqft $71
MLS Listing ID 72826183
Sold Date 07/08/21
Bedrooms 15
Full Baths 7
Year Built 1890
Annual Tax Amount $3,467
Tax Year 2020
Lot Size 7,840 Sqft
Acres 0.18
Property Description
This 7-unit property practically runs itself; 100% occupancy with excellent operating numbers and HUGE rent increase potential as current rents are significantly below market value. Future owner-occupants would be well suited in Unit 1 which is the most spacious unit and boasts 12' ceilings. The roof was replaced in late 2015 with 30 year shingles and should be good for about 20 more years. Tenants are responsible for their own utilities except water/sewer. Great opportunity to put your money at work!
Location
State MA
County Worcester
Zoning 11
Direction School St to Elm
Rooms
Basement Unfinished
Interior
Flooring Vinyl, Carpet, Laminate
Appliance Unit 3(Range, Refrigerator), Gas Water Heater, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
Laundry Unit 1(Washer & Dryer Hookup)
Exterior
Garage Spaces 1.0
Utilities Available for Gas Range, for Electric Range
Waterfront Description Beach Front
Roof Type Shingle
Total Parking Spaces 12
Garage Yes
Building
Lot Description Easements
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Jennifer Gates • Success! Real Estate
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Jim Armstrong
Team Leader/Broker Associate | License ID: 9074205
Team Leader/Broker Associate License ID: 9074205