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Closed

74-76 Middlesex St, Chelmsford MA 01863

$525,000

Estimated $1,374.21/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $262,500

Total Rent: 0/year

Estimated CAP Rate: -1.20%

3 Bedrooms

2 Full Baths

1,724 SqFt

Total Parking: 10

24,620 SqFt

Opportunity for investors and owner occupied buyers! This multi-family 2-unit property is an excellent investment opportunity for those looking to generate income. The property is being sold as is, giving buyers the chance to customize and make repairs to suit their needs and preferences. Unit #1 boasts two bedrooms, one bathroom, a kitchen, and a spacious living area. Unit #2 boasts 1 bed, a kitchen, and a living room with office space. There’s a bonus room and unfinished attic on the 3rd floor. The property is located in a highly desirable area, close to schools, shopping, and transportation, making it an attractive option for renters. With the right creative ideas you can turn this unicorn into a gem! This property has the potential to bring in high rental income.Don't miss out on this opportunity to invest in a multi-family in Chelmsford!

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 4:56am (Source: MLS PIN #73082335)

Gross Income: $0

Gross Expenses: $6,275

Net Income Calc: $6,275

CAP Rate: -1.20%

Annual Expenses for 74-76 Middlesex St, Chelmsford MA 01863

Total Gross Expenses (Calculated)$6,275/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,275

Annual Income & Unit Breakdown for 74-76 Middlesex St, Chelmsford MA 01863

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 74-76 Middlesex St, Chelmsford MA 01863

Listing ID73082335

Property TypeMulti Family / 2 Family

Price$525,000 ($304.52/SqFt)

Style2 Family - 2 Units Side By Side

CityChelmsford

CountyMiddlesex

MLS AreaNorth Chelmsford

Neighborhood(s)

Approximate Living Area Total1,724 SqFt

Approximate Lot Size (Acres)0.57 acres

Total Parking10

Garage Parking

Year Built1935

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningIA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 74-76 Middlesex St, Chelmsford MA 01863

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureLiving area space includes bonus room. Additional

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 74-76 Middlesex St, Chelmsford MA 01863

Real Estate Taxes$6,275

Tax Year2023

Assessed Value$436,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.20%

Location Information for 74-76 Middlesex St, Chelmsford MA 01863

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaNorth Chelmsford

Area Amenities

Contact Information for 74-76 Middlesex St, Chelmsford MA 01863

Agent

Name: Zena Freije

Office

Name: Barrett Sotheby's International Realty

Phone: 978-692-6141

Payment Calculator

, Interest

Property Taxes 522.92

Principal & Interest 3234.88

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Barrett Sotheby's International Realty

Zena Freije

Agent Phone

Office Phone

(978) 692-6141

Text Agent Call Agent Call Office

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EXIT