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Closed

289 North Main Street, North Brookfield MA 01535

$425,000

Estimated $991.56/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $141,666.67

Total Rent: 49200/year

Estimated CAP Rate: 10.72%

6 Bedrooms

3 Full Baths

2,750 SqFt

Total Parking: 8

6,970 SqFt

INVESTORS TAKE NOTICE! This beautifully maintained 3-family home boasts gleaming hardwood floors, plenty of off-street parking, and GREAT rental income! Owner-occupants can move right into the vacant first floor and start living for FREE with the fully rented other 2 units. Tenants pay all utilities minus water/sewer. Recent updates include NEW kitchen on the 3rd floor, newer roof, newer farmer's porches, doors, paint, new drop ceiling, some appliances, new electric baseboard in 2 units, smart locks & more! Separate utilities, washer & dryer hookups in 2 units, large pantries, short walk to the center of town, shopping, parks, and trails. Don't miss this opportunity! All for a FRACTION of the purchase price compared to similar properties in the city, but close to the same average rents make this property a no-brainer!

This home has been viewed 26 times

Last Checked: May 7th, 2024 at 3:16am (Source: MLS PIN #73079437)

Gross Income: $49,200

Gross Expenses: $3,629

Net Income Calc: $45,571

CAP Rate: 10.72%

Annual Expenses for 289 North Main Street, North Brookfield MA 01535

Total Gross Expenses (Calculated)$3,629/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,629

Annual Income & Unit Breakdown for 289 North Main Street, North Brookfield MA 01535

Total Gross Income (Calculated)$49,200

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water)

Unit 2

Rental Income$1,600

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water)

Unit 3

Rental Income$1,000

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water)

General Information for 289 North Main Street, North Brookfield MA 01535

Listing ID73079437

Property TypeMulti Family / 3 Family

Price$425,000 ($154.55/SqFt)

Style3 Family - 3 Units Up/down

CityNorth Brookfield

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,750 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking8

Garage Parking

Year Built1885

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesOther

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

Zoning11

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 289 North Main Street, North Brookfield MA 01535

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$0

Total Gross Income By Broker$49,200

Total Net Income By Broker$49,200

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 289 North Main Street, North Brookfield MA 01535

Real Estate Taxes$3,629

Tax Year2022

Assessed Value$244,200

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$49,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$49,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.72%

Location Information for 289 North Main Street, North Brookfield MA 01535

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesConservation Area, House Of Worship, Public School, Shopping, Public Transportation, Other

Contact Information for 289 North Main Street, North Brookfield MA 01535

Agent

Name: Kathleen Sposato

Office

Name: Sposato Realty Group

Phone: 508-444-2673

Payment Calculator

, Interest

Property Taxes 302.42

Principal & Interest 2618.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sposato Realty Group

Kathleen Sposato

Agent Phone

Office Phone

(508) 444-2673

Text Agent Call Agent Call Office

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EXIT

Closed

289 North Main Street, North Brookfield MA 01535

$425,000

Annual Expenses for 289 North Main Street, North Brookfield MA 01535

Annual Income & Unit Breakdown for 289 North Main Street, North Brookfield MA 01535

General Information for 289 North Main Street, North Brookfield MA 01535

Disclosures for 289 North Main Street, North Brookfield MA 01535

Financial Information for 289 North Main Street, North Brookfield MA 01535

Location Information for 289 North Main Street, North Brookfield MA 01535

Contact Information for 289 North Main Street, North Brookfield MA 01535

Agent

Office

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Exclusive Listing Agent

Sposato Realty Group

Kathleen Sposato