Kim D'Elia - EXIT Real Estate Executives

282 Mechanic St, Southbridge, MA 01550

Multi-Family

$199,900
Price
$205,000
Sale Price

2
Units
2,332
Approx. GLA
Outstanding two family completely renovated. Updates include replacement windows, vinyl siding, complete roof with architectural shingles, plumbing, interior painting and flooring, many new appliances. Spacious very neat apartments easy to rent!. Always fully rented with excellent tenants. Tenants pay own heat, hot water and electricity! Unit 2 is two floors, 2nd and 3rd with 4 bedrooms and 1 1/2 baths. Could possibly be made into three family with some modification! Excellent income, low expenses! Lead certificates! Near downtown, hospital, I84, I90 (Mass Pike) and Route 20. Can be purchased with 284 Mechanic Street for $475,000 Don't miss out on this!
Highlights
Sale Price: $205,000
Settled Date: 9/12/2018 12:00:00 AM
Basement Features: Full
List Price: $199,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 6
Baths: 2
Half Baths: 1
Units: 2
Year Built: 1920
Year Round: Yes
Approx. GLA: 2,332
MLS#: 72343022
Interior
Basement: Yes
Electric Features: Circuit Breakers
Flooring: Vinyl, Wall to Wall Carpet, Laminate
Energy: Insulated Windows
Hot Water: Natural Gas
Rooms: 8
Lead Paint: None, Certified Treated
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.08
Lot Size: 3,401.00
Lot Description: Paved Drive, Shared Drive
Foundation: Fieldstone
Foundation Size: irreg
Parking Spaces: 2
Parking Features: Off-Street
Road Type: Public
Color: beige
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $131,500
Taxes: $2,729
Tax Year: 2018
Book/Page: 43527/228
School
Middle School: Southbridge
High School: Sbdge/Bay Path
Beach
Beach: No
Expenses
Gross Income: $27,864
Gross Expenses: $4,200
Total Rent: $2,343
Net Income: $23,664
Insurance Cost: $1,243
R&M Cost: $750
Sewer Cost: $1,104
Water Cost: $1,103
 
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $1,022
Unit 2 6 4 0 2 1 1 Yes 2 $1,300
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Bathroom With Tub & Shower, Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen, Laundry 
Unit 2
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Electric Baseboard, Gas  Interior:  Bathroom With Tub & Shower, Lead Certification Available  Rooms:  Living Room, Kitchen, Laundry 
Map
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The listing office is Coldwell Banker Residential Brokerage - Sturbridge and the listing agent is Dorothy Fontana. 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 11/14/2018 11:05:00 AM.
 
Kim D’Elia
Kim D’Elia
Broker, Short Sale Specialist
EXIT Real Estate Executives