BUYER'S FINANCING FELL THROUGH JUST B4 CLOSE! FHA Appraisal is done (307k+). Title is done. Can close quickly. Attention investors or owner-occupied buyers! EZ to maintain three-unit building in need of some cosmetic updates, Being sold as-is. Lots of off-street paved parking. Housing possibilities for the new Amazon distribution center coming to Charlton! The first floor is vacant if someone wanted to owner occupy the building. 1st floor is 2 bedrooms with 3/4 bath & heated sunroom, the 2nd floor is 2 bedrooms with a small full bath with heated sunroom, and the 3rd floor is a 3 room, 1 bedroom, large full bath. Separate electrical panels and landlord panel. City water/sewer. Coin-op laundry in basement units will stay. The seller will not vacate the 2 occupied units. Great hedge against inflation. Invest for your future today.
This home has been viewed 47 times
Last Checked: May 6th, 2024 at 11:36pm (Source: MLS PIN #73004969)
Gross Income: $16,500
Gross Expenses: $2,849
Net Income Calc: $13,651
CAP Rate: 4.45%
Beach Front
Annual Expenses for 28 Church St, Spencer MA 01562
Total Gross Expenses (Calculated)$2,849/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$2,849
Annual Income & Unit Breakdown for 28 Church St, Spencer MA 01562
Total Gross Income (Calculated)$16,500
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(hot Water), Unit 2(hot Water), Unit 3(hot Water)
Unit 2
Rental Income$700
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(hot Water), Unit 2(hot Water), Unit 3(hot Water)
Unit 3
Rental Income$675
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(hot Water), Unit 2(hot Water), Unit 3(hot Water)
General Information for 28 Church St, Spencer MA 01562
Listing ID73004969
Property TypeMulti Family / 3 Family
Price$307,000 ($131.53/SqFt)
Style3 Family
CitySpencer
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,334 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking6
Garage Parking
Year Built1848
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesEasements
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningVR
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach, Lake/pond
Energy Features
Terms
Disclosures for 28 Church St, Spencer MA 01562
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureThe enclosed porches are heated and not accounted
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$16,500
Total Net Income By Broker$16,500
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 28 Church St, Spencer MA 01562
Real Estate Taxes$2,849
Tax Year2022
Assessed Value$216,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$16,500
BostonRealEstate.com Gross Income
Total Net Income By Broker$16,500
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.45%
Location Information for 28 Church St, Spencer MA 01562
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Laundromat, Public Transportation
Contact Information for 28 Church St, Spencer MA 01562