RE/MAX Professional Associates
RE/MAX Professional Associates | 508-347-9595 | [email protected]

47 S Sturbridge Road, Charlton, MA 01507

Multi-Family

$249,900
Price
$170,000
Sale Price

4
Units
3,768
Approx. GLA
HUGE PRICE REDUCTION! Only 20 minutes to Worcester, centrally located in Charlton with easy access to Route 20. Multi family buildings are in short supply in the Town Charlton. Four units, (three are occupied) rents are not at market rent and could be increased! Units need some work, however nothing major (see remarks) that seller is aware of. Tenants pay their own utilities, including heat (propane). Property has been deleaded, seller has Letter of Compliance for all units. One garage is attached to Unit 1R and second garage is detached. Low property expenses, don't let this one get away!. All units have Certificate of Compliance for Deleading. SOLD AS IS Seller will make no repairs, inspections for information only. Buyer to obtain smoke/co certificate and install detectors prior to close, if needed.
Highlights
Terms: Contract for Deed
Sale Price: $170,000
Settled Date: 5/9/2019 12:00:00 AM
Basement Features: Full, Unfinished Basement
List Price: $249,900
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Sold
Beds: 7
Baths: 4
Units: 4
Year Built: 1900
Approx. GLA: 3,768
MLS#: 72434347
 
Interior
Basement: Yes
Electricity Cost: $276
Heating Units: 4
Heating Zones: 4
Energy: Varies per Unit
Rooms: 15
Lead Paint: Certified Treated
Total Floors: 3
Exterior
Water: No
Acres: 0.13
Lot Size: 5,662.00
Lot Description: Corner, Paved Drive
Foundation: Fieldstone
Garage Spaces: 2
Parking Spaces: 6
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Color: tan
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Aluminum
Exterior Features: Gutters
Water: Private Water
Water: Private Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $235,200
Taxes: $3,175
Tax Year: 2018
Book/Page: 28738/182
School
Grade School: Charlton Elem.
Middle School: Heritage
High School: Shepherd Hill
Beach
Beach: No
Expenses
Gross Income: $32,775
Gross Expenses: $9,442
Total Rent: $2,825
Net Income: $23,532
Insurance Cost: $3,000
Management Cost: $422
Refuse Cost: $1,455
Sewer Cost: $914
 
Additional
Amenities: Shopping, Stables, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
Exclusions: Tenants belongings.
Disclosure Declaration: No
Disclosure: SOLD "AS IS" SELLER WILL NOT MAKE ANY REPAIRS. BUYER TO OBTAIN SMOKE/CO. See paperclip for Letter of Compliance for all units. Assessor has incorrectly appraised property as single family, buyer to verify taxes with town.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 1 0 1 1 0 No 1
Unit 2 4 1 0 1 1 0 No 1 $650
Unit 3 5 3 0 2 1 0 2 $850
Unit 4 4 2 0 2 1 0 2 $800
Units Extras
Unit 1
Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Unit 2
Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen, Office/Den 
Unit 3
Applicances:  Range, Refrigerator  Heating:  Propane, Forced Air  Rooms:  Living Room, Kitchen 
Unit 4
Applicances:  Range, Refrigerator  Heating:  Propane, Forced Air  Rooms:  Living Room, Kitchen 
Common
Heating:  Propane, Forced Air 
The listing office is RE/MAX Prof Associates and the listing agent is Wendy S. McFarland. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Wendy McFarland
Wendy McFarland
RE/MAX Professional Associates