$790,000
$759,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,860 SqFt
SOLD DATE : 09/04/2020
Key Details
Sold Price $790,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $276
MLS Listing ID 72704554
Sold Date 09/04/20
Bedrooms 8
Full Baths 4
Year Built 1959
Annual Tax Amount $8,032
Tax Year 2020
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type 4 Family
Property Description
An investor's dream! A rare 4 Unit apartment building with all 4 room, 2 bedroom units. Hardwood flooring, all separate gas heat and hot water. All separate electric. Each unit approx 705 sq ft and virtually identical. Driveways on either side. Full basement with laundry. 3 units are rented and one is presently vacant while Seller remodels bathroom.That unit will be delivered vacant. Current rents are below market. Projected rents are $6600.00-$7500 mo. Building needs some updates but is an easy equity builder. Also possible condo conversion. Limited Group showing Thursday Aug 6th 1:00-2:00 on vacant unit and basement only.
Location
State MA
County Middlesex
Zoning GR
Direction Vernon st to Salem st
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Heating Unit 2(Hot Water Baseboard, Gas), Unit 3(Hot Water Baseboard, Gas), Unit 4(Hot Water Baseboard, Gas)
Flooring Tile, Vinyl, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
Appliance Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Utility Connections for Electric Range
Exterior
Community Features Public Transportation, Shopping, Park, Bike Path, Conservation Area, Highway Access, Public School, T-Station
Utilities Available for Electric Range
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
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Bought with Mark Pitzi • Coldwell Banker Realty - Beverly