121-123 East Union StreetAshland,
Massachusetts MA01721
StatusClosed
Sold Date4/28/2023
Bedrooms7
Total Baths2
Full Baths2
SqFt
2,600
Acres
1.060
CountyMiddlesex
Year Built1900
Property TypeResidential Income
Property Sub Type2 Family - 2 Units Up/Down
Description
A beautiful Quintessential Antique Multi Family set on over an acre in a wonderful location near town and the high school. The property consists of two buildings; the main building is being utilized as a 2 family home with a unit on the 1st floor & another on the 2nd floor. The quaint structure located behind the main building awaits your finishing touches to complete it. Each unit in the main house has 3 bedrooms, one bath, an eat-in kitchen, living room and highlighted by many rooms having hardwood flooring plus gas heating. The back structure has a utility & storage room that is accessed from the exterior and is heated by oil. Three separate heating systems and electrical panels. Potential Income opportunities abound for the investor of this fantastic multi family property!
Appliances
Gas Water Heater,Water Heater(Varies Per Unit), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
Basement
Full, Bulkhead
Bathrooms Total Decimal
2
Building Area Units
Square Feet
Common Walls
Cooling
Cooling Type
Unit 3(None)
Cooling Units
Cooling Zones
Fireplace
Fireplace Features
Fireplaces Total
0
Flooring
Tile,Varies Per Unit,Laminate,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Tile Floor,Hardwood Floors)
Green Indoor Air Quality
Heat Units
3
Heating
1
Heating Type
Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas), Unit 3(Oil,Other (See Remarks))
Interior Features
Unit 1(Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Other (See Remarks))
Disclosures
Open permit for replacing pre existing kitchen/bath in back building. Town has the property listed as multiple buildings on 1 parcel - Buyer to do their own due diligence regarding the property. Neighbor fence partially encroaches on property. Owner has never occupied.
Down Payment Resource
No
Dual Variable Compensation
1
Electric Expense
Exclusions
All Personal Property.
Financial Data Source
Owner
Gross Income
50340
Gross Scheduled Income
Insurance Expense
Cooperative Compensation
Lease 1
N
Lease 2
N
Lease 3
N
Lease 4
List Price Per SqFt
298.08
Listing Terms
Contract
Net Operating Income
50340
Operating Expense
Price Per SqFt
326.92
Rent Includes
Unit 1(Water), Unit 2(Water), Unit 3(Water)
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