Investors and aspiring entrepreneurs take notice! Now is your chance to own a commercial/retail unit and 3 rental units all in one property! This property features three apartments and one retail/ commercial space; currently used as a diner! There are two first floor, 1 bedroom apartments and one 2nd floor 2 bedroom apartment. Nestled on a lakeside lot with spectacular views! One detached garage. Quaint, private backyard with direct water access and a dock! Great investment opportunity. Conveniently located in the center of town close to all the local amenities.
This home has been viewed 45 times
Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73018717)
Gross Income: $30,600
Gross Expenses: $3,366
Net Income Calc: $27,234
Water Views
Annual Expenses for 294 Main St., East Brookfield MA 01515
Total Gross Expenses (Calculated)$3,366/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3366
Annual Income & Unit Breakdown for 294 Main St., East Brookfield MA 01515
Total Gross Income (Calculated)$30,600
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 294 Main St., East Brookfield MA 01515
Listing ID73018717
Property TypeMulti Family / 3 Family
Price550000 ($120.77/SqFt)
Style3 Family
CityEast Brookfield
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4554
Approximate Lot Size (Acres)0.11
Total Parking2 (1 Garage)
Garage Parking1
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPrivate Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningC
Water ViewsYes
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 294 Main St., East Brookfield MA 01515
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 294 Main St., East Brookfield MA 01515
Real Estate Taxes3366
Tax Year2022
Assessed Value$248,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 294 Main St., East Brookfield MA 01515
Neighborhood(s)
Area Amenities
Contact Information for 294 Main St., East Brookfield MA 01515