SELLER FINANCING is available to qualified candidates. Interested in a turn-key investment property? Look no further. This 5 unit property in Leicester has a monthly rent roll of $5,750. All units rented and utilities are separately metered. Existing tenants have been profes...
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Last Checked: May 6th, 2024 at 11:25pm (Source: MLS PIN #73047577)
Gross Income: $53,400
Gross Expenses: $20,724
Net Income Calc: $32,676
CAP Rate: 6.54%
Annual Expenses for 227 Main St, Leicester MA 01611
Total Gross Expenses (Calculated)$20,724/year
APOD AvailableNo
Heating
Electricity$2,400
Water$8,400
Gas$8,400
Insurance$3,100
Sewer$8,400
Trash Removal$936
Repair & Maintenance$2,000
Management
Miscellaneous
Real Estate Tax$3,888
Annual Income & Unit Breakdown for 227 Main St, Leicester MA 01611
Total Gross Income (Calculated)$53,400
Unit 1
Rental Income$1,000
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,150
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,150
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,150
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 227 Main St, Leicester MA 01611
Listing ID73047577
Property TypeMulti Family
Price$499,900 ($221.78/SqFt)
Style5+ Family - 5+ Units Up/down
CityLeicester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,254 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking9
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesWaterfront, Creek
Energy Features
Terms
Disclosures for 227 Main St, Leicester MA 01611
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureBuyer to do own due diligence, no warranty or repr
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$20,736
Total Gross Income By Broker$69,000
Total Net Income By Broker$44,064
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 227 Main St, Leicester MA 01611
Real Estate Taxes$3,888
Tax Year2022
Assessed Value$277,900
Financial Data Source
Total Gross Expenses By Broker$20,736
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$69,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$44,064
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.54%
Location Information for 227 Main St, Leicester MA 01611
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 227 Main St, Leicester MA 01611