$825,000
10
Beds
4
Baths
4,388
Living Area
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Property Description
Beautiful & historic building currently being used as a 9 bed group home with a long term tenant offering insanely passive cash flow! Great location walking distance to Fitchburg State, Commuter Rail & more. The 1st floor features 3 bedrooms (1 of these bedrooms is currently being used as an office), 1 office, a common laundry area, stunning fireplaced foyer and access to the separate 1 bedroom apartment. The 2nd floor features a common kitchen, dining and living room, 2 full bathrooms, 1 office and 3 bedrooms. The 3rd floor has another full bathroom and 3 bedrooms. Recent updates include roof (3 y/o) & windows (5 y/o), hot water tank (2 y/o). The barn offers additional finish potential with storage space, a large second floor and 2 garage stalls w/ newer doors. Long term tenant handles most everything, owner pays taxes & insurance.
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Highlights
- Parking Spots: 23
- Property Type: 5+ Family - Rooming House
- Year Built: 1900
- Property Class: Residential Income
- Total Rooms: 19
- Status: Closed
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Additional Details
- Basement: Unfinished
- Exclusions: All Tenants Personal Property.
- Flooring: Tile, Varies, Hardwood
- Interior Features: Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/Den
- Roof: Shingle
- Year Built Details: Actual
- Zoning: Rc
- Construction: Frame
- Fireplaces: 1
- Foundation: Stone, Granite
- Road Frontage Type: Public
- Total Number of Units: 9
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Common, Paved
- Covered Parking Spaces: 2
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $464,600
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $8,294
- Buyer Agent Compensation: 2.0%
- Facilitator Compensation: 1.0%
- Taxes: $6,881
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Listing information provided courtesy of A & E Realty Company, Inc..
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