$225,000
$267,000
15.7%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
6 Baths
6,848 SqFt
SOLD DATE : 07/27/2018
Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,848 sqft
Price per Sqft $32
MLS Listing ID 72254561
Sold Date 07/27/18
Bedrooms 12
Full Baths 6
Year Built 1900
Annual Tax Amount $3,806
Tax Year 2017
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Multi-Family with 1 One Bedroom 1 Bath, 4 Two bedrooms One bath and 1 Three Bedrooms One bath unit. Mostly Separate Utilities. Tenants are responsible for own Heat, Lights & Cooking. Estimated NOI is $29,447 resulting in an Est. 11+% CAP RATE & Est.20+% CASH ON CASH RETURN. NOI arrived at w/ Estimated 5% Vacancy/Loss on APO Gross Potential Rent. 5% Est. Maint. & Repairs and Est. 5% Managment. Buyers should run own numbers. Buyers must independently verify all information. Selling As Is.
Location
State MA
County Worcester
Zoning Multi Unit
Direction GPS
Rooms
Basement Full, Partial
Exterior
Garage No
Building
Lot Description Other
Story 6
Foundation Other
Sewer Public Sewer
Water Public
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Bought with James D. Linfield • Capital Market Team
At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.
193 Green Street, Melrose, Massachusetts, 02176, United States