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56 N Main St Grafton, MA 01536
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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,440 sqft
Price per Sqft $152
MLS Listing ID 72426704
Sold Date 01/29/19
Bedrooms 9
Full Baths 5
Year Built 1970
Annual Tax Amount $5,664
Tax Year 2018
Lot Size 0.500 Acres
Acres 0.5
Property Description
5 Unit Investment Opportunity in North Grafton. Conveniently located near rt 140 and rt 30. Right off I-90 (MassPike), short distance away from Tufts Veterinary School, 10 minute drive to Worcester, 45 minutes to downtown Boston, plus the shops, post office and restaurants around the corner. Convenient to MBTA Commuter Rail. 4 out 5 units are rented with almost 44K in gross income. The 5th unit is owner occupied. Owner willing to do a lease back. Current rents are below market. Zoned Neighborhood Business. Coin operated washer/dryer in basement. Lots of updates and improvements made to the property since 2017. Selling with social media packages Yelp Reviews, Facebook page, and website page. Projected Rent Roll $70,000 - Projected Operating Expenses $13,200 - Projected NOI $57,200 - See attached for PROJECTED income & expense breakdown and also list of updates since 2017.- **PLEASE ARRIVE 5-10 MIN EARLY** 1st showing Thurs Nov 29th @ 5pm
Location
State MA
County Worcester
Zoning UNKNOWN
Direction Google
Rooms
Basement Full
Exterior
Community Features Public Transportation, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, T-Station, University
Waterfront false
Roof Type Shingle
Parking Type Off Street
Total Parking Spaces 10
Garage No
Building
Lot Description Corner Lot
Story 8
Foundation Stone
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Margo Otey • RE/MAX Executive Realty