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Closed

48 Middlesex Street, Chelmsford MA 01863

$789,000

Estimated $1,961.36/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $394,500

Total Rent: 21600/year

Estimated CAP Rate: 1.70%

8 Bedrooms

2 Full Baths

3,260 SqFt

Total Parking: 11 (3 Garage)

25,285 SqFt

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 47 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

CAP Rate: 1.70%

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 Tax$8,184

Annual Income & Unit Breakdown for 48 Middlesex Street, Chelmsford MA 01863

Total Gross Income (Calculated)$21,600

Unit 1

Rental Income$1,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 48 Middlesex Street, Chelmsford MA 01863

Listing ID73078483

Property TypeMulti Family / 2 Family

Price$789,000 ($242.02/SqFt)

Style2 Family - 2 Units Up/down

CityChelmsford

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,260 SqFt

Approximate Lot Size (Acres)0.58 acres

Total Parking11 (3 Garage)

Garage Parking3 / Detached

Year Built1870

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor Space

ZoningRes/Com

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 48 Middlesex Street, Chelmsford MA 01863

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAdditional Space in Attic and over Barn

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$21,600

Total Net Income By Broker$21,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 48 Middlesex Street, Chelmsford MA 01863

Real Estate Taxes$8,184

Tax Year2023

Assessed Value$569,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$21,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.70%

Location Information for 48 Middlesex Street, Chelmsford MA 01863

Elementary SchoolHarrington Elem

Middle SchoolParker Middle

High SchoolChelmsford High

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, Private School, Sidewalks

Contact Information for 48 Middlesex Street, Chelmsford MA 01863

Agent

Name: Andrew Chalmers

Office

Name: EA Realty Team

Phone: 978-479-2583

Payment Calculator

, Interest

Property Taxes 682

Principal & Interest 4861.57

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

EA Realty Team

Andrew Chalmers

Agent Phone

Office Phone

(978) 479-2583

Text Agent Call Agent Call Office

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                    [modified] => 2024-05-07 06:36:13
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                )

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                )

[22] => Array
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                    [modified] => 2024-05-07 06:36:13
                )

[23] => Array
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                )

[24] => Array
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                    [modified] => 2024-05-07 06:36:13
                )

[25] => Array
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                    [modified] => 2024-05-07 06:36:13
                )

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                )

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                    [index] => 28
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                    [modified] => 2024-05-07 06:36:13
                )

[28] => Array
                (
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                    [name] => MLS29.jpg
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                    [index] => 29
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                    [modified] => 2024-05-07 06:36:13
                )

[29] => Array
                (
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                    [index] => 30
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:36:13
                )

[30] => Array
                (
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                    [name] => MLS31.jpg
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                    [index] => 31
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:36:13
                )

[31] => Array
                (
                    [id] => 7468799
                    [name] => MLS32.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73078483&w=1024&h=768&n=32
                    [index] => 32
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:36:13
                )

[32] => Array
                (
                    [id] => 7468800
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                    [index] => 33
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:36:13
                )

[33] => Array
                (
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                    [modified] => 2024-05-07 06:36:13
                )

[34] => Array
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                    [index] => 35
                    [enabled] => 1
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                    [modified] => 2024-05-07 06:36:13
                )

)

)

EXIT