$1,085,000
8
Beds
6/2
Baths
4,392
Living Area
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Property Description
Offer Deadline Sat 6/14 @5pm Incredible Investment Opportunity or Perfect for Multigenerational Living! Rare chance to own a 4-family property in the highly sought-after Sterling, MA area. This property has been impeccably maintained featuring 4 side-by-side units, each spanning three levels and equipped with separate meters for added convenience. Each unit has own laundry hook-ups. All units are heated with propane and offer partially finished basements with walk-out access. Key features to note, New Roof installed in 2020, 9-Bedroom Septic System installed 2007,Vinyl Siding 2007, New windows 2000, Two attached garages, plus 2 storage sheds and plenty of off-street parking. Spacious backyard ideal for outdoor activities and each unit has a private deck off the main level. Conveniently located just minutes from Route 190 & Route 2 for easy commuting access. Significant upside potential with current rents below market value and potential for condo conversion.
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Highlights
- Acres: 1
- Heating: Baseboard, Individual, Propane
- Parking Spots: 17
- Property Type: 4 Family - 4 Units Side by Side
- Total Rooms: 17
- Status: Closed
- Cooling: Window Unit(s), Wall Unit(s)
- Levels: 12
- Property Class: Residential Income
- Stories: 12
- Year Built: 1973
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator
- Construction: Frame
- Exterior Features: Balcony/Deck
- Foundation: Concrete Perimeter
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Partially Finished, Walk-Out Access
- Exclusions: The Washer/Dryers And Some Basement Fridges Are The Property Of The Current Tenants
- Flooring: Tile, Vinyl, Carpet, Varies
- Interior Features: Ceiling Fan(s), Floored Attic, Walk-Up Attic, High Speed Internet, Internet Available - Fiber-Optic, Other, Living Room, Kitchen, Family Room, Laundry Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Res
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Amenities
- Community Features: Golf, Highway Access
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 2
- Waterfront Features: Lake/Pond, Beach Ownership(Public)
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Private Sewer
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Fees / Taxes
- Assessed Value: $543,300
- Tax Year: 2024
- Total Rent: $6,200
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,231
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