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Closed

126 Summit St, Clinton MA 01510

$425,000

Estimated $1,078.64/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $212,500

Total Rent: 31200/year

Estimated CAP Rate: 6.24%

4 Bedrooms

2 Full Baths

2,108 SqFt

Total Parking: 5 (1 Garage)

7,018 SqFt

Welcome to Clinton! A great Town with a New Revitalized Downtown, Newer Schools, Local Craft Brewery any many new businesses coming to Town ~This expansive TWO FAMILY HOME is located in the Burdett Hill Neighborhood, walking distance to Schools, Wachusett Reservoir, Downtown and Carlisle Park just around the corner ~ A Great option for investor or owner occupant ~ Both apartments have similar layouts with 2 bedrooms, living room, kitchen, and bonus room/sunroom ~ Expansive walk up attic could be finished or used for storage ~ Full Basement has one car garage area with overhead door ~ Driveway with parking area behind house ~ Sizeable partially fenced in backyard ~ Public Water, Public Sewer, Natural Gas Heat and Hot Water, Separate Utilities ~ Recent water and gas service lines into property ~ Newly Paved Road ~ Bring your finishing touches!

This home has been viewed 41 times

Last Checked: May 7th, 2024 at 3:01am (Source: MLS PIN #73073557)

Gross Income: $31,200

Gross Expenses: $4,674

Net Income Calc: $26,526

CAP Rate: 6.24%

Annual Expenses for 126 Summit St, Clinton MA 01510

Total Gross Expenses (Calculated)$4,674/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,674

Annual Income & Unit Breakdown for 126 Summit St, Clinton MA 01510

Total Gross Income (Calculated)$31,200

Unit 1

Rental Income$1,100

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$1,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 126 Summit St, Clinton MA 01510

Listing ID73073557

Property TypeMulti Family / 2 Family

Price$425,000 ($201.61/SqFt)

Style2 Family - 2 Units Up/down

CityClinton

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,108 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking5 (1 Garage)

Garage Parking1 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 126 Summit St, Clinton MA 01510

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$30,000

Total Net Income By Broker$30,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 126 Summit St, Clinton MA 01510

Real Estate Taxes$4,674

Tax Year2023

Assessed Value$349,600

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.24%

Location Information for 126 Summit St, Clinton MA 01510

Elementary SchoolClinton

Middle SchoolClinton

High SchoolClinton

Neighborhood(s)

MLS Area

Area AmenitiesConservation Area, Public School, Shopping, Park, Medical Facility, Pool, Tennis Court(s)

Contact Information for 126 Summit St, Clinton MA 01510

Agent

Name: Lisa Prophet

Office

Name: Evolution Properties

Phone: 978-895-8362

Payment Calculator

, Interest

Property Taxes 389.5

Principal & Interest 2618.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Evolution Properties

Lisa Prophet

Agent Phone

Office Phone

(978) 895-8362

Text Agent Call Agent Call Office

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[terms] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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[year_built] => 1900
    [year_built_details] => Approximate
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EXIT