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Closed

12 Main Street, Sterling MA 01564

$499,900

Estimated $1,238.23/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $124,975

Total Rent: 0/year

Estimated CAP Rate: -7.54%

6 Bedrooms

4 Full Baths

4,245 SqFt

Total Parking: 4

29,200 SqFt

Gracious sprawling Colonial set upon a gentle knoll in picturesque downtown in Sterling. Upon approach, enjoy fragrant blooming wisteria. Formerly owner-occupied spacious Unit 1 with private entry features an updated kitchen & bath among its 7 rooms on 2 floors. Also on 1st floor, Unit 2 with private entry has 4 rooms incl. a generous eat-in kitchen with pantry & newer range, bedroom & office, laundry & bathroom. The 2nd floor features 2 units: one with dining room, kitchen, living room, bedroom & lots of closets; The other petit apt. with living room, bedroom, kitchenette & bath with shower can incorporate 2nd floor rooms of Unit 1. Lots of storage in the basement, walk-up attic & outdoor shed. Replacement windows, 9 y/o roof & common utilities; Frolic in the beautiful tiered yard, enjoy walk/ski on nearby rail trail, go antiquing at OhMyGosh & savor easy access to major routes.

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 2:56am (Source: MLS PIN #73067951)

Gross Income: $0

Gross Expenses: $37,680

Net Income Calc: $37,680

CAP Rate: -7.54%

Annual Expenses for 12 Main Street, Sterling MA 01564

Total Gross Expenses (Calculated)$37,680/year

APOD AvailableYes

Heating$9,982

Electricity$2,898

Water$814

Gas$814

Insurance$2,710

Sewer$814

Trash Removal

Repair & Maintenance$13,745

Management$2,400

Miscellaneous

Real Estate Tax$5,131.63

Annual Income & Unit Breakdown for 12 Main Street, Sterling MA 01564

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesElectric, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesElectric, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesElectric, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

General Information for 12 Main Street, Sterling MA 01564

Listing ID73067951

Property TypeMulti Family / 4 Family

Price$499,900 ($117.76/SqFt)

Style4 Family

CitySterling

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,245 SqFt

Approximate Lot Size (Acres)0.67 acres

Total Parking4

Garage Parking

Year Built1778

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsPost & Beam

Lot FeaturesEasements

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningRES

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesThermostat

Terms

Disclosures for 12 Main Street, Sterling MA 01564

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$32,549

Total Gross Income By Broker$59,400

Total Net Income By Broker$26,851

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 12 Main Street, Sterling MA 01564

Real Estate Taxes$5,131.63

Tax Year2022

Assessed Value$336,500

Financial Data SourceOwner

Total Gross Expenses By Broker$32,549

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$59,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$26,851

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-7.54%

Location Information for 12 Main Street, Sterling MA 01564

Elementary SchoolHoughton

Middle SchoolChocksett

High SchoolWachusett Hs

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, Public School, Shopping, Golf, Park, Stable(s), Sidewalks

Contact Information for 12 Main Street, Sterling MA 01564

Agent

Name: Kotlarz Group

Office

Name: Keller Williams Realty Boston Northwest

Phone: 978-369-5775

Team Members

Name: Deborah Kotlarz

Phone: 978-502-5862

Payment Calculator

, Interest

Property Taxes 427.64

Principal & Interest 3080.22

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Boston Northwest

Kotlarz Group

Agent Phone

Office Phone

(978) 369-5775

Text Agent Call Agent Call Office

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EXIT

Closed

12 Main Street, Sterling MA 01564

$499,900

Annual Expenses for 12 Main Street, Sterling MA 01564

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General Information for 12 Main Street, Sterling MA 01564

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Financial Information for 12 Main Street, Sterling MA 01564

Location Information for 12 Main Street, Sterling MA 01564

Contact Information for 12 Main Street, Sterling MA 01564

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Keller Williams Realty Boston Northwest

Kotlarz Group