Available for sale is this charming two-family home located in the heart of Barre, MA. There is no better way to get away from the hustle and bustle of city life, then to pack your bags and head for this small town tucked away, roughly half-an-hour from downtown Worcester and 90 minutes from Boston. Barre is teaming with stunning views of gorgeous wild landscape and surrounded by pristine water ways including the Prince River, Ware River and Quabbin Reservoir nearby. The house sits on the top of a gentle hill overlooking Summer Street in the front and woods in the back. Full of potential and ready for it's next owner, this home is perfect for an owner-occupant or investor. Schedule your appointment today!
This home has been viewed 34 times
Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73130468)
Gross Income: $9,600
Gross Expenses: $3,938
Net Income Calc: $5,662
CAP Rate: 1.89%
Annual Expenses for 48 Summer St, Barre MA 01005
Total Gross Expenses (Calculated)$3,938/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,938
Annual Income & Unit Breakdown for 48 Summer St, Barre MA 01005
Total Gross Income (Calculated)$9,600
Unit 1
Rental Income$800
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 48 Summer St, Barre MA 01005
Listing ID73130468
Property TypeMulti Family
Price$299,900 ($113.26/SqFt)
StyleMulti Family
CityBarre
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,648 SqFt
Approximate Lot Size (Acres)0.29 acres
Total Parking8
Garage Parking
Year Built1830
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningR15
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 48 Summer St, Barre MA 01005
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$9,600
Total Net Income By Broker$9,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%%
Facilitator Compensation1%%
Sub-Agent Compensation1%
Compensation Based OnGross/full Sale Price
Financial Information for 48 Summer St, Barre MA 01005
Real Estate Taxes$3,938
Tax Year2023
Assessed Value$248,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$9,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$9,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.89%
Location Information for 48 Summer St, Barre MA 01005
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 48 Summer St, Barre MA 01005