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Key Details
Sold Price $225,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,340 sqft
Price per Sqft $26
MLS Listing ID 71775804
Sold Date 08/21/19
Year Built 1925
Annual Tax Amount $4,421
Tax Year 2014
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Beauty in brick with this building located in the up and coming downtown Orange. Separate electrical and newer Buderus boiler installed with energy efficient booster. Membrane Roof installed in 2015. Backup tenant for downstairs if and when that tenant leaves. Seller willing to hold a 10% 2nd mortgage to assist buyer with their downpayment requirement. Ample parking across the street in a town owned lot. Views of the river and great rental history. A tremendous cash flow with a 12.5% capitalization rate and low rents to boot! A wise buy for the prudent investor.
Location
State MA
County Franklin
Zoning Comm
Direction On Rt. 2A just before main intersection
Exterior
Utilities Available Public Water, Public Sewer, 110 Volts, 220 Volts
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Bought with Mark Abramson • Coldwell Banker Upton-Massamont REALTORS®