Donna Morin -Flannery - ERA Key Realty Services

33 Cherry St, Spencer, MA 01562  

Multi-Family
$239,900
Price
4
Units
2,664
Approx. GLA
Perfect starter investment 4 family within walking distance to everything! Updated roof, windows,siding,hot water heaters within the past 12 years. Detached 2 car garage and plenty of additional off street parking. Their is room in the back to create a yard if wanted(it is currently grown in). Washer/Dryer hookups, full basement and walk up attic. Extensive work has been done in the basement during the month of july. All tenants are tenants at will . Nice area of town. One unit has been renovated on the first floor and is being left vacant by seller. Great opportunity for owner occupied investment with other 3 tenants paying the mortgage. Potential for higher rental income also.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Walk Out, Interior Access
List Price: $239,900
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Under Agreement
Beds: 4
Baths: 4
Units: 4
Year Built: 1780
Year Round: Yes
Approx. GLA: 2,664
MLS#: 72324248
Interior
Basement: Yes
Heating Units: 4
Flooring: Varies Per Unit
Hot Water: Natural Gas
Rooms: 12
Lead Paint: Unknown
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Acres: 0.23
Lot Size: 10,032.00
Lot Description: Paved Drive
Foundation: Fieldstone
Foundation Size: irregular
Garage Spaces: 2
Parking Spaces: 6
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Yellow
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
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: $213,000
Taxes: $2,858
Tax Year: 2018
Book/Page: 34257/103
Warranty Available: No
Beach
Beach: Yes
Miles to Beach: 1 to 2 Mile
Beach Description: Lake/Pond
Beach Ownership: Public
Expenses
Gross Income: $28,800
Gross Expenses: $5,333
Total Rent: $2,400
Net Income: $23,467
Insurance Cost: $3,059
Refuse Cost: $610
Water Cost: $1,664
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Disclosure Declaration: No
Disclosure: seller offers tenants rent @ 550.00 if they pay before the 1st of the month. One unit is being left vacant per seller. 1st floor left.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 No 1
Unit 2 3 1 0 1 0 0 No 1 $600
Unit 3 3 1 0 2 1 0 No 1 $600
Unit 4 3 1 0 2 1 0 No 1 $600
Units Extras
Unit 1
Rent Includes:  Water, Other (See Remarks)  Applicances:  Range, Refrigerator  Heating:  Gas  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water, Other (See Remarks)  Applicances:  Range, Refrigerator  Heating:  Gas 
Unit 3
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Gas  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Gas  Rooms:  Living Room, Kitchen 
Map
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The listing office is ERA Key Realty Services- Spenc and the listing agent is Donna Flannery. 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 9/22/2018 3:05:00 AM.
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