531 Summer St
$399,900
2
Beds
2/1
Baths
2,347
Sqft
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$399,900
2
Beds
2/1
Baths
2,347
Living Area
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Property Description
LOOKING FOR INVESTMENT? Opportunity Knocks! WHAT A LOCATION!!! OFFERING MUCH OFF-STREET PARKING! TOTAL 4 UNITS! Conforming zoned MIXED USE~ 2 Commercial rental units: a 3 room "office" suite & "food window" service on the 1st floor. 2 Residential apt units on the2nd floor. 1st flr office has a lease agreement to 6-31-27 and includes heat, hot water & electric. The food service window has metered electric, 3 bowl scullery system installed in 2018 TAW and both res units on the 2nd flr are TAW's, separate utilities, legal egresses. 2 Stoves, 2 refrigerators, scullery sink unit are landlord owned and will remain with building. A common half bath on the 1st floor has a tenant shared coin-op laundry. Low maintenance vinyl siding. Water/Sewer. Roof done in 2016. Secured building. Lots of off-street parking. Close to shopping, grocery's, banks, restaurant's, schools, Felton Field & more! Conveniently commuter friendly with frontage on Summer St & Valley Rd.
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Highlights
- Heating: Oil
- Parking Spots: 15
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 9
- Status: Active
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
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Additional Details
- Appliances: Washer, Dryer, Range, Refrigerator
- Construction: Frame
- Flooring: Vinyl, Varies, Laminate, Hardwood, Pine, Wood
- Foundation Area: 1080
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Tbd
- Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
- Exterior Features: Balcony/Deck, Rain Gutters, Stone Wall
- Foundation: Stone
- Interior Features: Storage, Laundry Room, Mudroom, Open Floorplan, Living Room, Kitchen, Office/Den
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $224,400
- Tax Year: 2025
- Total Rent: $3,700
- Rental Fee Includes: Unit 1(Water), Unit 3(Heat, Electric)
- Taxes: $3,050
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of RE/MAX Vision.
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