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40 Sturbridge Rd Charlton, MA 01507
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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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Bought with Benjamin Carbone • Byrnes Real Estate Group LLC