Huge price reduction, highly motivated seller! Wonderful investment opportunity with a ton of potential for great income. Conveniently located close to downtown and all major routes. First floor unit is equipped with hardwood floors throughout, high ceilings with two bedrooms, living room, large kitchen and walk out access to the front porch. Second floor has two one bed units. Unit on the right welcomes you to a spacious layout featuring vinyl plank floors and granite counter tops, as well as a renovated porcelain shower. Additional fourth unit on attic level. Ample parking in large back driveway. Building is currently being utilized as a 4 family. However, it is zoned downtown business and is mix use. Property is being sold as is, where is.
This home has been viewed 52 times
Last Checked: May 6th, 2024 at 11:36pm (Source: MLS PIN #72999853)
Gross Income: $73,200
Gross Expenses: $9,962
Net Income Calc: $63,238
Annual Expenses for 12 Cedar St, Hopkinton MA 01748
Total Gross Expenses (Calculated)$9,962/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9962.55
Annual Income & Unit Breakdown for 12 Cedar St, Hopkinton MA 01748
Total Gross Income (Calculated)$73,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 12 Cedar St, Hopkinton MA 01748
Listing ID72999853
Property TypeMulti Family / 4 Family
Price724999 ($253.76/SqFt)
Style4 Family
CityHopkinton
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2857
Approximate Lot Size (Acres)0.44
Total Parking8
Garage Parking0
Year Built1870
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area2857
Foundation Description
Accessible Features
Outdoor Space
ZoningBD
Water Views
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 12 Cedar St, Hopkinton MA 01748
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
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
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 12 Cedar St, Hopkinton MA 01748
Real Estate Taxes9962.55
Tax Year2022
Assessed Value$585,000
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 12 Cedar St, Hopkinton MA 01748
Neighborhood(s)
Area Amenities
Contact Information for 12 Cedar St, Hopkinton MA 01748