Multiple offers. Asking for the highest and the best . Don't rent! Buy this terrific Duplex which is the perfect place to share with a relative or friend! Both units are identical with 2 levels! Both sides are rented by tenants at will !This Duplex is a very rare find! Cozy and large farmers porch. Both units are included in this sale. Each side has 3 generous bedrooms, living room and kitchen with 1.5 baths each! Left side has furnace that heats both first floors, composite deck, hardwoods in kitchen! Right side has hardwood floors throughout first floor, 3 seasoned porch as well as solar panels that defray the cost of electric bill. Solar panels are owned outright and service the electric on right side ! Each unit has its own electric zones on the 2nd floors ! Both units have new carpets installed! Both units in great shape, 2 separate basements.*Showing ONLY AT Open Houses Sunday 12 to-1:30 05/21
This home has been viewed 18 times
Last Checked: May 7th, 2024 at 8:16am (Source: MLS PIN #73113405)
Gross Income: $52,800
Gross Expenses: $4,543
Net Income Calc: $48,257
CAP Rate: 9.65%
Annual Expenses for 8 Browning Pond Rd, Spencer MA 01562
Total Gross Expenses (Calculated)$4,543/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,543
Annual Income & Unit Breakdown for 8 Browning Pond Rd, Spencer MA 01562
Total Gross Income (Calculated)$52,800
Unit 1
Rental Income$2,200
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
HeatingYes
Rent Includes
Unit 2
Rental Income$2,200
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 8 Browning Pond Rd, Spencer MA 01562
Listing ID73113405
Property TypeMulti Family / 2 Family
Price$499,900 ($206.23/SqFt)
Style2 Family - 2 Units Side By Side
CitySpencer
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,424 SqFt
Approximate Lot Size (Acres)0.71 acres
Total Parking6
Garage Parking
Year Built1975
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 DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 8 Browning Pond Rd, Spencer MA 01562
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$52,800
Total Net Income By Broker$52,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 8 Browning Pond Rd, Spencer MA 01562
Real Estate Taxes$4,543
Tax Year2023
Assessed Value$376,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$52,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$52,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.65%
Location Information for 8 Browning Pond Rd, Spencer MA 01562
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Public School, Park
Contact Information for 8 Browning Pond Rd, Spencer MA 01562