$1,499,900
$1,499,900
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5,698 SqFt
SOLD DATE : 07/29/2024
Key Details
Sold Price $1,499,900
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,698 sqft
Price per Sqft $263
MLS Listing ID 73222031
Sold Date 07/29/24
HOA Y/N false
Year Built 1950
Annual Tax Amount $16,085
Tax Year 2024
Lot Size 0.440 Acres
Acres 0.44
Property Description
Mixed use building in a highly visible location with excellent off-street parking. The first floor consists of 4 private offices a conference room with kitchenette, two half baths, a reception and bullpen area. Currently used as office space, but adaptable to many businesses with subdivision possibilities. The 2nd floor has three spacious one-bedroom apartments. The rents are well below market at $1,200 Taw #1, $1,700 #2 lease and $ 1,500 #3 Taw. This is a great opportunity to run your business with parking while collecting rental income in a highly visible location. Some expenses include Snow removal $3,450, Insurance $2,661.99, Heat $4,867.09. Water $1,655.59
Location
State MA
County Middlesex
Zoning B
Direction Water street near Farm and Montrose
Exterior
Utilities Available Public Water, Private Sewer, Sewer Available
Total Parking Spaces 18
Others
Senior Community false
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Bought with Barron & Tiberi • Core Property Group, LLC
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