Prime location! This 3-story / 3-unit building has a thriving hair salon on the first floor. Second and third floor were formerly a well-established real estate company for many years. The property has great parking to accommodate the building. In 2011 the location was granted a special permit for combined business and dwelling use. This mixed-use designation may benefit many potential owners with the ability to live and work in the same location. Salon can only be viewed by potential Buyers on Mondays. Any offer can be made subject to viewing salon. Buyer / Buyer's agent to do all due diligence.
This home has been viewed 30 times
Last Checked: May 7th, 2024 at 8:01am (Source: MLS PIN #73083570)
Gross Income: $18,600
Gross Expenses: $5,821
Net Income Calc: $12,779
CAP Rate: 1.44%
Annual Expenses for 1401 Bridge Street, Dracut MA 01826
Total Gross Expenses (Calculated)$5,821/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,821.27
Annual Income & Unit Breakdown for 1401 Bridge Street, Dracut MA 01826
Total Gross Income (Calculated)$18,600
Unit 1
Rental Income$1,550
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Half
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 1401 Bridge Street, Dracut MA 01826
Listing ID73083570
Property TypeMulti Family / 3 Family
Price$889,900 ($195.24/SqFt)
Style3 Family
CityDracut
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total4,558 SqFt
Approximate Lot Size (Acres)0.44 acres
Total Parking30
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningB3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1401 Bridge Street, Dracut MA 01826
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$18,600
Total Net Income By Broker$18,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation2%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 1401 Bridge Street, Dracut MA 01826
Real Estate Taxes$5,821.27
Tax Year2023
Assessed Value$502,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$18,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$18,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.44%
Location Information for 1401 Bridge Street, Dracut MA 01826
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 1401 Bridge Street, Dracut MA 01826