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28 Church St, Spencer MA 01562

$307,000

Estimated $735/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $102,333.33

Total Rent: 16500/year

Estimated CAP Rate:

5 Bedrooms

Baths

2334

Total Parking: 6

5,764 (0.13)

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 61 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

Water Views

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 Tax2849

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

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 28 Church St, Spencer MA 01562

Listing ID73004969

Property TypeMulti Family / 3 Family

Price307000 ($131.53/SqFt)

Style3 Family

CitySpencer

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2334

Approximate Lot Size (Acres)0.13

Total Parking6

Garage Parking0

Year Built1848

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningVR

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 28 Church St, Spencer MA 01562

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsWasher/Dryer

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 Compensation2.5

Compensation Based OnNet Sale Price

Financial Information for 28 Church St, Spencer MA 01562

Real Estate Taxes2849

Tax Year2022

Assessed Value$216,500

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 28 Church St, Spencer MA 01562

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 28 Church St, Spencer MA 01562

Agent

Name: Cliff Leinonen & Cindy Leinonen Team

Office

Name: Houseworks Realty

Phone: 508-867-0903

Payment Calculator

, Interest

Property Taxes 237.42

Principal & Interest 1891.64

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Houseworks Realty

Cliff Leinonen & Cindy Leinonen Team

Agent Phone

Office Phone

(508) 867-0903

Text Agent Call Agent Call Office

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    [unparsed] => 28 Church St, Spencer MA 01562
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EXIT

35 More Photos

Closed

28 Church St, Spencer MA 01562

$307,000

Annual Expenses for 28 Church St, Spencer MA 01562

Annual Income & Unit Breakdown for 28 Church St, Spencer MA 01562

General Information for 28 Church St, Spencer MA 01562

Disclosures for 28 Church St, Spencer MA 01562

Financial Information for 28 Church St, Spencer MA 01562

Location Information for 28 Church St, Spencer MA 01562

Contact Information for 28 Church St, Spencer MA 01562

Agent

Office

Payment Calculator

Exclusive Listing Agent

Houseworks Realty

Cliff Leinonen & Cindy Leinonen Team