$1,375,000
$1,449,900
5.2%For more information regarding the value of a property, please contact us for a free consultation.
18 Beds
9 Baths
8,640 SqFt
SOLD DATE : 08/25/2022
Key Details
Sold Price $1,375,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,640 sqft
Price per Sqft $159
MLS Listing ID 72996198
Sold Date 08/25/22
Bedrooms 18
Full Baths 9
Year Built 1900
Annual Tax Amount $9,823
Tax Year 2021
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 5-9 Family
Property Description
Excellent Investor opportunity to grow their portfolio as well as an exchange play. This 9 unit building consists of 20 bedrooms 9 bathrooms and has substantial upside in rents. The property has been De-leaded and has been well maintained. Opportunity lies in the the investor and the building is showing a cap of 8 percent is possible which is very difficult to achieve in this market. See firm remarks for group showing for qualified buyers.
Location
State MA
County Middlesex
Zoning B1000
Direction corner Lakeview and Aiken
Interior
Interior Features Other (See Remarks)
Flooring Vinyl, Carpet
Appliance Gas Water Heater, Utility Connections Varies per Unit
Exterior
Community Features Public Transportation, Shopping, Highway Access, University
Utilities Available Varies per Unit
Garage No
Building
Lot Description Corner Lot
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Quinn Nguyen • Engel & Volkers Boston
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "