Charlton, MA 01507,40 Sturbridge Rd
Charlton, MA 01507,40 Sturbridge Rd
Charlton, MA 01507,40 Sturbridge Rd
21
$800,000
$815,000
1.8%
Est.Price: ?

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10 BD
6 BA
5,239 SqFt

40 Sturbridge Rd Charlton, MA 01507

Est. payment /mo
SOLD DATE : 04/26/2024

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Key Details

Sold Price $800,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,239 sqft

Price per Sqft $152

MLS Listing ID 73203378

Sold Date 04/26/24

Bedrooms 10

Full Baths 6

Year Built 1880

Annual Tax Amount $7,727

Tax Year 2024

Lot Size 1.270 Acres

Acres 1.27

Property Description

Presenting this turnkey 6 unit income producing asset located in Charlton, MA just off of Route 20. The building features 4 - three bed/one bath units, 1 - two bed/one bath unit and 1 - one bed/one bath unit. The building has been well maintained and managed with 6 newly installed water heaters, 4 being tankless, furnace use was removed to avoid future expenses and new gutters installed. CapEx has been addressed. Both structure and units are in great condition. 40 Sturbridge Rd presents an extremely strong rent roll at purchase. Current NOI is nearly $70,000 with the ability for rental increases bringing proforma NOI to $96,000.

Location

State MA

County Worcester

Zoning R40

Direction Rt. 20 just before Amazon on your right

Rooms

Basement Full, Sump Pump

Interior

Heating Electric, Propane

Exterior

Waterfront false

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Lot Description Level

Story 9

Foundation Stone

Sewer Public Sewer

Water Private

Others

Senior Community false

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Listed by Byrnes Real Estate Group LLC
Bought with Benjamin Carbone • Byrnes Real Estate Group LLC

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James Lynch

Agent | License ID: 9510114

+1(781) 244-2863

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