Solid 4 family, investors take notice! Strong rental history! High market rents. INCREDIBLE NUMBERS! All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Property has many major upgrades completed, including new roof 2018, sprinkler system and fire alarm system added 2018, brand new kitchens and baths 2018 as well as upgraded electric and plumbing in the process. Interior and exterior painting done in 2018. Garage demolition, parking addition and paving done during this ownership as well. Coin operated washer and dryer in basement for tenant usage. Great opportunity to add to an investment portfolio. Close to major routes and Fitchburg State University. Don't miss this one! First showings at open house Saturday, May 20th, 11-1pm. Offers, if any, due Monday, May 22 at 1pm. Owner also selling 14 Orchard Street.
Disclosures
Photos are from before the property was occupied. Unit 3 will be delivered vacant. In accordance with building codes and occupancy permit, seller opted to add sprinkler system/fire alarm system in lieu of additional means of egress. Occupancy permit will be provided. Buyer to do due diligence.
Down Payment Resource
No
Dual Variable Compensation
Electric Expense
Exclusions
Appliances Belonging To Tenants Are Excluded.
Financial Data Source
Estimated
Gross Income
79200
Gross Scheduled Income
Insurance Expense
Cooperative Compensation
Lease 1
Y
Lease 2
Y
Lease 3
N
Lease 4
Y
List Price Per SqFt
204.32
Listing Terms
Net Operating Income
78000
Operating Expense
Price Per SqFt
214.24
Rent Includes
Unit 1(Water), Unit 3(Water), Unit 4(Water)
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