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 43 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
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 Tax5821.27
Annual Income & Unit Breakdown for 1401 Bridge Street, Dracut MA 01826
Total Gross Income (Calculated)$18,600
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Half
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 1401 Bridge Street, Dracut MA 01826
Listing ID73083570
Property TypeMulti Family / 3 Family
Price889900 ($195.24/SqFt)
Style3 Family
CityDracut
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4558
Approximate Lot Size (Acres)0.44
Total Parking30
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningB3
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 1401 Bridge Street, Dracut MA 01826
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Appliances To Remain.
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 1401 Bridge Street, Dracut MA 01826
Real Estate Taxes5821.27
Tax Year2023
Assessed Value$502,700
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 1401 Bridge Street, Dracut MA 01826
Neighborhood(s)
Area Amenities
Contact Information for 1401 Bridge Street, Dracut MA 01826