Sold!
$950,000
12
Beds
4
Baths
4,800
Living Area
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Property Description
RARE Multi-Family Investment Opportunity in Saugus – FOUR Townhouse Units on One Parcel. This rare investment property offers four spacious townhouse-style units, each with 3 bedrooms and 1 bathroom, spanning approximately 1,200 sq ft per unit, for a total of 4,800 sq ft of living space on a 10,000 sq ft lot. Each unit features hardwood floors, a bonus room on the upper level, and separate utilities. Tenants enjoy private rear decks, ample green space, and dedicated off-street parking.Currently fully occupied (Tenants at Will), this property presents significant potential to increase cash flow by adjusting rents to current market rates.Ideally located with convenient access to highways and a short commute to Boston, this property is perfect for investors or owner-occupants looking to live in one unit while generating income from the others.
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Highlights
- Cooling: Window Unit(s)
- Levels: 8
- Property Class: Residential Income
- Stories: 8
- Year Built: 1937
- Heating: Oil
- Parking Spots: 10
- Property Type: 4 Family - 4 Units Side by Side
- Total Rooms: 24
- Status: Closed
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Additional Details
- Appliances: Range, Microwave, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Tile, Vinyl, Hardwood
- Foundation Area: 99999
- Lot Features: Level
- SqFt Source: Owner
- Year Built Details: Approximate
- Zoning: Na
- Basement: Walk-Out Access, Bulkhead
- Exclusions: Tenants Personal Property
- Foundation: Concrete Perimeter, Stone
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Owner
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,154,900
- Tax Year: 2025
- Total Rent: $5,400
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $12,334
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Listing information provided courtesy of North Shore Realty Pros.
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