Welcome to Grafton ! This 2 family side by side Duplex is the perfect owner-occupied or investment opportunity! ( one unit currently vacant) Here's why; Let's begin with exterior- Curb appealing front porches( 2017 approx.) , vinyl siding, archictuaral shingle roof, replacement windows, composite & vinyl rear decking(2022) overlooking a very generously sized yard & a Bonus 2 car garage. Interior units have also been very nicely updated, offering hardwood floor, tiled bathrooms, upgraded kitchen cabinetry, granite counters & modern appliances. You will appreciate the *big ticket* updates that the basement offers in each unit- GAS HVAC systems & water tanks ( 2017 approx.) and circuit breakers! Property is conveniently located in close proximity to shopping conveniences, the Commuter Rail, major highways- Ma Pike and RT 146.
This home has been viewed 46 times
Last Checked: May 6th, 2024 at 11:45pm (Source: MLS PIN #72998738)
Gross Income: $20,400
Gross Expenses: $5,221
Net Income Calc: $15,179
CAP Rate: 2.86%
Annual Expenses for 16-18 Orchard St, Grafton MA 01560
Total Gross Expenses (Calculated)$5,221/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,221
Annual Income & Unit Breakdown for 16-18 Orchard St, Grafton MA 01560
Total Gross Income (Calculated)$20,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent Includes
Unit 2
Rental Income$1,700
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent Includes
General Information for 16-18 Orchard St, Grafton MA 01560
Listing ID72998738
Property TypeMulti Family
Price$529,900 ($246.24/SqFt)
StyleMulti Family
CityGrafton
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,152 SqFt
Approximate Lot Size (Acres)0.36 acres
Total Parking6 (2 Garage)
Garage Parking2 / Detached
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone,Granite
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 16-18 Orchard St, Grafton MA 01560
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$20,400
Total Net Income By Broker$20,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 16-18 Orchard St, Grafton MA 01560
Real Estate Taxes$5,221
Tax Year2022
Assessed Value$309,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$20,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$20,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.86%
Location Information for 16-18 Orchard St, Grafton MA 01560
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 16-18 Orchard St, Grafton MA 01560