Kathy Craig - ERA Key Realty Services

687 Main St, Southbridge, MA 01518  

Multi-Family
$399,900
Price
4
Units
6,200
Approx. GLA
Cash cow, numbers work, large 4 family each unit approximately 1600 square feet, 3 car garage for additional income potential, roof, windows, siding updated within last 10 years along with majority of electrical, two hot water heaters recently updated, plenty of off street parking, building is completely full with tenants that are paid up to date, most photos are of renovation work that current owner has done within last 3 years, other photos are of tenant with 26 years of residency in building, income and expense sheet is attached,
Open House
No scheduled Open Houses
Highlights
Basement Features: Full
List Price: $399,900
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Under Agreement
Beds: 13
Baths: 4
Units: 4
Year Built: 1845
Approx. GLA: 6,200
MLS#: 72759746
 
Interior
Basement: Yes
Electric Features: Circuit Breakers
Heating Units: 1
Flooring: Wood, Vinyl
Hot Water: Electric
Rooms: 25
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Facing: North
Acres: 0.33
Lot Size: 14,587.00
Lot Description: Paved Drive, Cleared, Level
Foundation: Fieldstone
Foundation Size: 0x0
Garage Spaces: 3
Parking Spaces: 8
Parking Features: Off-Street
Road Type: Public, Paved
Color: Yellow
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Electric Range
Exterior: Vinyl
Exterior Features: Porch - Enclosed, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $245,300
Taxes: $4,778
Tax Year: 2020
Book/Page: 51834/184
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $61,620
Gross Expenses: $10,530
Total Rent: $5,185
Net Income: $51,090
Insurance Cost: $3,227
R&M Cost: $2,053
Sewer Cost: $370
Water Cost: $370
Additional
Amenities: Public Transportation
Disclosure Declaration: No
Disclosure: 2 units are gas on gas, 1 unit is electric baseboard, one unit is furnace
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 0 1 3 0 No 1 $1,395
Unit 2 6 3 0 2 3 0 No 1 $1,295
Unit 3 6 3 0 1 3 0 No 1 $850
Unit 4 7 4 0 2 4 0 No 1 $1,395
Units Extras
Unit 1
Rent Includes:  None  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Electric  Interior:  Cable TV Available, Pantry, Storage  Rooms:  Living Room, Dining Room, Kitchen, Laundry 
Unit 2
Rent Includes:  None  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Cable TV Available, Pantry, Storage  Rooms:  Living Room, Dining Room, Kitchen, Laundry 
Unit 3
Rent Includes:  None  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Cable TV Available, Pantry  Rooms:  Living Room, Dining Room, Kitchen, Laundry 
Unit 4
Rent Includes:  None  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Cable TV Available, Pantry  Rooms:  Living Room, Dining Room, Kitchen, Laundry 
Map
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The listing office is ERA Key Realty Services and the listing agent is Shawn Towle. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
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