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601 Main, Bolton MA 01740

$449,000

Estimated $1,330.13/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $224,500

Total Rent: 43200/year

Estimated CAP Rate: 8.01%

5 Bedrooms

2 Full Baths

2,580 SqFt

Total Parking: 10

43,560 SqFt

1031 Reverse Exchange Trustee's Sale. This unique property has two single family homes on one large lot. Approximately 1,380 s.f. two bedroom one bath home and approximately 1,200 s.f. three bedroom one bath home. Tenants pay utilities. Each home has its own electric meter and oil tank. There is a shared septic and well that are both about twelve years old. Both homes are occupied by long term tenants at will that are current on their payments. Each home currently generates $1,800 a month rent. Plenty of basement storage space. Ample parking. Vinyl siding and vinyl windows. Architectural roof shingles. 1 Acre lot. Super convenient to interstate 495.

This home has been viewed 46 times

Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73066899)

Gross Income: $43,200

Gross Expenses: $7,225

Net Income Calc: $35,975

CAP Rate: 8.01%

Annual Expenses for 601 Main, Bolton MA 01740

Total Gross Expenses (Calculated)$7,225/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,225

Annual Income & Unit Breakdown for 601 Main, Bolton MA 01740

Total Gross Income (Calculated)$43,200

Unit 1

Rental Income$1,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

General Information for 601 Main, Bolton MA 01740

Listing ID73066899

Property TypeMulti Family

Price$449,000 ($174.03/SqFt)

StyleMulti Family

CityBolton

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,580 SqFt

Approximate Lot Size (Acres)1 acres

Total Parking10

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesSloped, Wooded

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 601 Main, Bolton MA 01740

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureMeasured not exact. Buyer to do their own due dili

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$43,200

Total Net Income By Broker$43,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 601 Main, Bolton MA 01740

Real Estate Taxes$7,225

Tax Year2022

Assessed Value$363,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$43,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$43,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.01%

Location Information for 601 Main, Bolton MA 01740

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 601 Main, Bolton MA 01740

Agent

Name: Jonathan Nichols

Office

Name: Coldwell Banker Realty - Framingham

Phone: 508-872-0084

Payment Calculator

, Interest

Property Taxes 602.08

Principal & Interest 2766.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Framingham

Jonathan Nichols

Agent Phone

Office Phone

(508) 872-0084

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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    [senior_community] => No
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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73066899&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 00:56:14
                    [modified] => 2024-05-07 00:56:14
                )

)

)

EXIT