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Phone: (508) 400-0438 Fax: (866) 679-0937
Website: www.conradallen.com
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Prepared for : Sep-17-2019 10:50:47 pm
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Southbridge, MA. 01550
(map)
Worcester County
Directions: Main Street To Pine Street

MLS # 72560732 - Contingent
Multi-Family 4 Family    

List Price $199,000 Days on Market  
List Date   # Units 4
Sale Price   # Floors  
Sold Date   Rooms 26
Assessed Value $136,100 Bedrooms 12
Gross Living Area 5,058SF Full Baths 4
Lot Size 9,147SF Half Baths 0
Taxes $2,773.00 Fireplaces  
Tax Year 2019 Basement Yes
Zoning 1110 Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 0
    Garage Spaces 0

Remarks:

*INCOME PROPERTY - INVESTMENT OPPORTUNITY* Fully occupied 4 family, 3 written TAW, 1 written lease. Updated kitchens and baths, replacement windows, separate utilities & electric with owner meter. One unit has baseboard electric heat, 3 units have individual, in-unit gas heaters. (1) 2BR Unit, (2) 3BR Units, (1) 4BR unit. 1 Unit has Lead Cert. Great cap rate and cash flow make this a fantastic addition to portfolio or first income property. Motivated seller!

Features
Amenities   Public
   Transportation,
   Shopping, Swimming Pool,
    Tennis Court, Walk/Jog
   Trails, Golf Course,
   Medical Facility,
   Laundromat, House of
   Worship, Private School,
    Public School
Basement   Full,
   Unfinished Basement
Construction   Frame
Electricity   Individually
   Metered
Exterior   Shingles
Exterior Feat.   Porch
Flooring   Wood, Vinyl,
   Laminate
Foundation   Fieldstone,
   Slab
Lead Paint   Yes, Certified
   Treated
Lot   Shared Drive
Roof   Asphalt/Composition
   Shingles
Sewer / Water   City/Town
   Sewer, City/Town Water
Units
Unit 1 Bedrooms: 2; Floor: 1; Full Baths: 1; Heating: Gas, Individual; Lease: No; Levels: 1; Rent: 675;
     Rooms: 6
Unit 2 Bedrooms: 3; Floor: 2; Full Baths: 1; Heating: Gas, Individual; Lease: Yes; Levels: 1; Rent: 1000;
     Rooms: 6
Unit 3 Bedrooms: 3; Floor: 3; Full Baths: 1; Heating: Electric Baseboard; Lease: No; Levels: 1; Rent: 850;
     Rooms: 6
Unit 4 Bedrooms: 4; Floor: 4; Full Baths: 1; Heating: Gas, Individual; Lease: No; Levels: 1; Rent: 650;
     Rooms: 8
Financial Info
Electricity   $480
Expenses Source   Owner
   Provided
Gross Expenses   $6,300
Gross Oper. Income  
   $38,100
Insurance   $3,300
Net Oper. Income   $31,800
Sewage   $1,880
Water   $1,280
Additional Information
APOD Available?   Yes
Anticipated Sale Date  
   11/15/2019
Deed   Book: 40637, Page:
   202
Disclosures   Lead certs
   for 1 unit.
Exclusions   Excluding
   tenants belongings.
Foreclosure   No
GLA Source   Public Record
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

Property Last Updated by Listing Office: 9/11/19 8:29pm

Courtesy: MLSPIN

Listing Office: RE/MAX Prof Associates Listing Agent: Jessica MacDonald


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