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3 New Spencer Rd, Charlton MA 01507

$335,000

Estimated $908/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $111,666.67

Total Rent: 32400/year

Estimated CAP Rate:

5 Bedrooms

Baths

3328

Total Parking: 15

65,340 (1.50)

House Hackers check out this 2-3 unit home! Iconic Charlton landmark was built for the English Magistrate! Listed by the town as a 2 family home but it has an in-law type of apt. on the 1st fl. Poss. rents in as-is condition about $2700! Roof & most windows replaced. The 1st floor has 10 rooms & can easily be all one unit w 2 kitchens & multiple exits. The 2nd fl has 8 rooms w/ 4 of the rooms that are unfinished. Walk-up attic from 2nd fl apt. Sellers believe home was de-leaded, but no documentation provided. Level 1.5 acre lot! This home needs renovations & will not pass FHA /VA loan. Title 5 failed, town sewer is in the street. Basement has tall boarded up windows that would make it bright if replaced. Home has been featured in many Historic books. Everyone will love you if you can restore this historic home! Currently insured as a 3 family home. Close to Treehouse Brewery & hi-way access. Buyer to confirm all details, sold in as-is condition. Quick close possible!

This home has been viewed 54 times

Last Checked: May 7th, 2024 at 12:21am (Source: MLS PIN #73053673)

Gross Income: $32,400

Gross Expenses: $4,375

Net Income Calc: $28,025

Water Views

Annual Expenses for 3 New Spencer Rd, Charlton MA 01507

Total Gross Expenses (Calculated)$4,375/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4375

Annual Income & Unit Breakdown for 3 New Spencer Rd, Charlton MA 01507

Total Gross Income (Calculated)$32,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 3 New Spencer Rd, Charlton MA 01507

Listing ID73053673

Property TypeMulti Family

Price335000 ($100.66/SqFt)

StyleMulti Family

CityCharlton

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3328

Approximate Lot Size (Acres)1.5

Total Parking15

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPrivate

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR40

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 3 New Spencer Rd, Charlton MA 01507

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer

Financial Data SourceEstimated

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 Compensation1.0

Compensation Based OnNet Sale Price

Financial Information for 3 New Spencer Rd, Charlton MA 01507

Real Estate Taxes4375

Tax Year2022

Assessed Value$329,200

Financial Data SourceEstimated

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 3 New Spencer Rd, Charlton MA 01507

Elementary SchoolChar Elementary

Middle SchoolCharlton Middle

High SchoolShepherd Hl/Bp

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 3 New Spencer Rd, Charlton MA 01507

Agent

Name: Diane Dabrowski

Office

Name: ERA Key Realty Services - Alliance Realty, Inc.

Phone: 508-248-6966

Payment Calculator

, Interest

Property Taxes 364.58

Principal & Interest 2064.16

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA Key Realty Services - Alliance Realty, Inc.

Diane Dabrowski

Agent Phone

Office Phone

(508) 248-6966

Text Agent Call Agent Call Office

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    [unparsed] => 3 New Spencer Rd, Charlton MA 01507
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EXIT

39 More Photos

Closed

3 New Spencer Rd, Charlton MA 01507

$335,000

Annual Expenses for 3 New Spencer Rd, Charlton MA 01507

Annual Income & Unit Breakdown for 3 New Spencer Rd, Charlton MA 01507

General Information for 3 New Spencer Rd, Charlton MA 01507

Disclosures for 3 New Spencer Rd, Charlton MA 01507

Financial Information for 3 New Spencer Rd, Charlton MA 01507

Location Information for 3 New Spencer Rd, Charlton MA 01507

Contact Information for 3 New Spencer Rd, Charlton MA 01507

Agent

Office

Payment Calculator

Exclusive Listing Agent

ERA Key Realty Services - Alliance Realty, Inc.

Diane Dabrowski