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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,704 sqft
Price per Sqft $51
MLS Listing ID 72365904
Sold Date 09/11/18
Bedrooms 18
Full Baths 10
Year Built 1900
Annual Tax Amount $6,165
Tax Year 2017
Lot Size 8,276 Sqft
Acres 0.19
Property Description
A review of revenue/expenses will tell you this property makes money!! 10 unit multi-famiy with rents below market value not raised in several years. Tenants pay own heating costs. Some are long term tenants with excellent history, others are newer but collections are reliable and have the potential to increase. Operating costs are low and consistent and maintenance has been kept up through the years. Many improvements include new electric hot water system and renovated apartments.
Location
State MA
County Worcester
Zoning res
Direction gps
Rooms
Basement Full, Partially Finished, Walk-Out Access, Concrete
Interior
Flooring Wood, Tile, Carpet, Varies Per Unit, Laminate
Appliance Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Basement Type Full, Partially Finished, Walk-Out Access, Concrete
Exterior
Exterior Feature Balcony, Rain Gutters, Sprinkler System, Garden
Community Features Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, Public School
Utilities Available for Electric Range, for Electric Oven
Total Parking Spaces 9
Garage No
Building
Story 7
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Randy Hart • RE/MAX Partners
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Ryan Askew
Sales Associate | License ID: 9578345
Sales Associate License ID: 9578345