Sold!
$1,700,000
13
Beds
9/1
Baths
6,805
Living Area
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Property Description
Rare opportunity to acquire a stabilized 10-Unit Building with ample off-street parking in Shrewsbury's center. (5) Studio units, (3) 1-bedroom units, (1) 2-bedroom/ unit and (1) spacious street-level retail unit.(1500 plus sf) All units are renovated to modern standards and fully occupied. Retail unit is a very successful salon and is in their second year. Rents will be furnished to qualified parties before viewing. Rents are being increased on an ongoing basis. Minutes to UMass Medical School, Tufts Veterinary School and major highways. The town of Shrewsbury is an eastern suburb of rapidly developing Worcester and enjoys one of the lowest commercial tax rates of established MA cities. Includes 2700 sf basement with laundry area.
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Highlights
- Parking Spots: 10
- Property Type: 5-9 Family
- Year Built: 1971
- Property Class: Residential Income
- Total Rooms: 32
- Status: Closed
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Additional Details
- Basement: Full, Walk-Out Access, Concrete
- Flooring: Wood, Tile
- Foundation Area: 2970
- Road Frontage Type: Public
- Total Number of Units: 10
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Brick/Mortar
- Lot Features: Corner Lot
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Lim Bu
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, University
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $639,100
- Compensation Based On: Net Sale Price
- Taxes: $9,018
- Buyer Agent Compensation: 1.5%
- Tax Year: 2022
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Listing information provided courtesy of BA Property & Lifestyle Advisors.
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