Great opportunity to own a two-family residential / commercially zoned property in a great location! A historical property "The Oliver Green home" has only had three owners during its lifetime. Whether you are a contractor or a hairdresser, this is the perfect opportunity to have your home business with income as well. This gracious property features lots of beautiful characters and many updates with a spacious floor plan in each apartment. Beautiful hardwood floors, nine- and ten-foot architectural ceilings, lovely bay windows with window benches, and an abundance of closet spaces are just a few features that make this house so exquisite. The second-floor apartment includes three additional bedrooms on the third floor along with additional space for finishing. Includes a car garage w/ barn on top for expansion. This property sits on a private level lot part of which is fenced in a great location. Close to Highways & Amenities! See MLS listing for the Commercial info on this listing.
This home has been viewed 63 times
Last Checked: May 7th, 2024 at 6:36am (Source: MLS PIN #73078483)
Gross Income: $21,600
Gross Expenses: $8,184
Net Income Calc: $13,416
Water Views
Annual Expenses for 48 Middlesex Street, Chelmsford MA 01863
Total Gross Expenses (Calculated)$8,184/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8184
Annual Income & Unit Breakdown for 48 Middlesex Street, Chelmsford MA 01863
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 48 Middlesex Street, Chelmsford MA 01863
Listing ID73078483
Property TypeMulti Family / 2 Family
Price789000 ($242.02/SqFt)
Style2 Family - 2 Units Up/down
CityChelmsford
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3260
Approximate Lot Size (Acres)0.58
Total Parking11 (3 Garage)
Garage Parking3
Year Built1870
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRes/Com
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 48 Middlesex Street, Chelmsford MA 01863
Lead Paint
UFFI
Living Area Includes BasementNo
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 Compensation1
Compensation Based OnGross/full Sale Price
Financial Information for 48 Middlesex Street, Chelmsford MA 01863
Real Estate Taxes8184
Tax Year2023
Assessed Value$569,500
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 48 Middlesex Street, Chelmsford MA 01863
Elementary SchoolHarrington Elem
Middle SchoolParker Middle
High SchoolChelmsford High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 48 Middlesex Street, Chelmsford MA 01863