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Expired

67 Chestnut Street, Spencer MA 01562

$599,000

Estimated $1,418/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $149,750

Total Rent: 64800/year

Estimated CAP Rate:

10 Bedrooms

Baths

4472

Total Parking: 8

9,817 (0.23)

Terrific opportunity to purchase this fully occupied investment property. Two separate buildings. One with two - 2 bedroom units and the other has a 4 bedroom unit as well as a 2 bedroom unit. Newer driveway allows for plenty of off-street parking. Updated gas heating systems, kitchens with all appliances including refrigerators, built in microwaves, ranges, dishwashers and washers & dryers. Flooring is either laminate or hardwood. Town water and sewer. All units have separate utilities. Also available is #63 Chestnut which is a 3 family with 3 bedrooms each and can be purchased together.

This home has been viewed 45 times

Last Checked: May 6th, 2024 at 11:25pm (Source: MLS PIN #73047013)

Gross Income: $64,800

Gross Expenses: $5,357

Net Income Calc: $59,443

Water Views

Annual Expenses for 67 Chestnut Street, Spencer MA 01562

Total Gross Expenses (Calculated)$5,357/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5357

Annual Income & Unit Breakdown for 67 Chestnut Street, Spencer MA 01562

Total Gross Income (Calculated)$64,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 67 Chestnut Street, Spencer MA 01562

Listing ID73047013

Property TypeMulti Family / 4 Family

Price599000 ($133.94/SqFt)

Style4 Family

CitySpencer

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4472

Approximate Lot Size (Acres)0.23

Total Parking8

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 67 Chestnut Street, Spencer MA 01562

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher And Dryer Are Not Included

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 67 Chestnut Street, Spencer MA 01562

Real Estate Taxes5357

Tax Year2022

Assessed Value$407,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 67 Chestnut Street, Spencer MA 01562

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 67 Chestnut Street, Spencer MA 01562

Agent

Name: Donna Towne

Office

Name: ERA Key Realty Services - Westborough

Phone: 508-366-1818

Payment Calculator

, Interest

Property Taxes 446.42

Principal & Interest 3690.85

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA Key Realty Services - Westborough

Donna Towne

Agent Phone

Office Phone

(508) 366-1818

Text Agent Call Agent Call Office

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            [phone] => 508-366-1818
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    [unparsed] => 67 Chestnut Street, Spencer MA 01562
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EXIT

29 More Photos

Expired

67 Chestnut Street, Spencer MA 01562

$599,000

Annual Expenses for 67 Chestnut Street, Spencer MA 01562

Annual Income & Unit Breakdown for 67 Chestnut Street, Spencer MA 01562

General Information for 67 Chestnut Street, Spencer MA 01562

Disclosures for 67 Chestnut Street, Spencer MA 01562

Financial Information for 67 Chestnut Street, Spencer MA 01562

Location Information for 67 Chestnut Street, Spencer MA 01562

Contact Information for 67 Chestnut Street, Spencer MA 01562

Agent

Office

Payment Calculator

Exclusive Listing Agent

ERA Key Realty Services - Westborough

Donna Towne