Talk about a MORTGAGE HELPER! TWO SEPARATE HOMES on one lot! The main house has a basement, mudroom, 3 bedrooms, one bath, spacious kitchen/living/dining rooms, an open floorplan, & a beautiful sunroom/porch. The primary bedroom has an attached room for your office, sitting area, nursery etc. The kitchen, bathroom, flooring, lighting & paint have all had updates. The rental unit cottage ($1350/mo) is 600 s.f. on slab, with one bedroom/one bath, a roomy living room, kitchen and bathroom, & feels surprisingly spacious! Leased solar panels are a big benefit to both electric bills! The yard is flat & spacious with a dividing fence for separation of use between main house and rental unit. The barn was previously used as a recording studio - make it your party place, hobby space, farm space, workshop or car spot - so many possibilities! All this within minutes to supermarkets, WalMart, pharmacy, medical care, schools & highways. WEEKEND OPEN HOUSES!! Come see this and make it YOURS!
This home has been viewed 34 times
Last Checked: May 7th, 2024 at 5:31am (Source: MLS PIN #73097695)
Gross Income: $16,200
Gross Expenses: $4,702
Net Income Calc: $11,498
CAP Rate: 2.40%
Annual Expenses for 37 Center St, Northbridge MA 01588
Total Gross Expenses (Calculated)$4,702/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,702
Annual Income & Unit Breakdown for 37 Center St, Northbridge MA 01588
Total Gross Income (Calculated)$16,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor0
Levels in Unit2
HeatingYes
Rent IncludesUnit 2(water)
Unit 2
Rental Income$1,350
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water)
General Information for 37 Center St, Northbridge MA 01588
Listing ID73097695
Property TypeMulti Family
Price$479,900 ($208.2/SqFt)
StyleMulti Family
CityNorthbridge
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,305 SqFt
Approximate Lot Size (Acres)0.53 acres
Total Parking8
Garage Parking
Year Built1932
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionBlock,Slab
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 37 Center St, Northbridge MA 01588
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureLiving area includes both homes
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$16,200
Total Net Income By Broker$16,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 37 Center St, Northbridge MA 01588
Real Estate Taxes$4,702
Tax Year2023
Assessed Value$362,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$16,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$16,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.40%
Location Information for 37 Center St, Northbridge MA 01588
Elementary SchoolBalmer
Middle SchoolNorthbridge
High SchoolNorthbridge
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Medical Facility, Private School
Contact Information for 37 Center St, Northbridge MA 01588