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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,680 sqft
Price per Sqft $89
MLS Listing ID 73094290
Sold Date 06/02/23
Bedrooms 14
Full Baths 7
Year Built 1860
Annual Tax Amount $6,540
Tax Year 2023
Lot Size 0.490 Acres
Acres 0.49
Property Description
Two adjacent properties for sale; 202-204 Glenallen St is a 6-family and 208-212 Glenallen St is the adjoining single family. This fully occupied 7-unit package is a turn-key investment property with low operating expenses and solid cash flow. Both properties have been completely rehabbed down to studs within the last decade and currently 100% occupied. Utilities are electric and separately metered. Basement coin-op laundry. On site parking for 7+ vehicles, single family tenant parks inside built-in garage. The SFR is "Unit 1" in the listing breakdown and is approx 1260 sf with 2 bedrooms, 1 bath, a pellet stove, and a built in 1-car garage. "Unit 5" in unit breakdown includes 3 units: (4-2-1, $875 Lease) plus (4-2-1, $875 Lease) plus (3-1-1 $825 TAW). In total, the 6 Fam is (1) 1-bedroom, (4) 2-bedrooms and (1) 3-bedroom. Complete Rent Roll and 6-Family Inspection Certificate attached. Refer to attachment for site plan of the two properties. Properties will not be sold separately
Location
State MA
County Worcester
Zoning C2
Direction Maple to Glenallen Street
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen)
Heating Unit 1(Electric Baseboard, Pellet Stove), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
Flooring Laminate
Fireplaces Number 1
Appliance Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator), Unit 3(Range, Dishwasher, Refrigerator), Unit 4(Range, Dishwasher, Refrigerator), Electric Water Heater, Utility Connections for Electric Oven
Exterior
Utilities Available for Electric Oven
Roof Type Shingle
Total Parking Spaces 7
Garage No
Building
Lot Description Flood Plain, Level
Story 7
Foundation Stone
Sewer Private Sewer
Water Public
Others
Senior Community false
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Bought with Brian Donoghue • Universal Property Management