Rare Multi-Unit Property with Barn, Pool & More! A truly unique opportunity—this rare property features three separate apartments, making it ideal for extended family living, rental income, or a live/work setup. Set on a spacious lot, this versatile property also includes a massive 40x62 barn equipped with its own well and septic system, perfect for a mini farm, homesteading, workshop, studio, storage, or just use your imagination. Enjoy the outdoors with an inground pool, 12x12 screened house, and plenty of open space to relax or entertain. Recent updates include a brand-new 4-bedroom septic system and a new private well, adding peace of mind and long-term value. Whether you're an investor, entrepreneur, or someone looking for multi-generational living in a one-of-a-kind setting, this property offers endless possibilities. A rare find—don’t miss your chance to own it!
This home has been viewed 89 times
Last Checked: July 13th, 2025 at 6:28am (Source: MLS PIN #73400906)
Gross Income: $52,800
Gross Expenses: $7,219
Net Income Calc: $45,581
CAP Rate: 7.60%
Annual Expenses for 40 Carroll Hill Rd, Charlton MA 01507
Total Gross Expenses (Calculated)$7,219/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,219
Annual Income & Unit Breakdown for 40 Carroll Hill Rd, Charlton MA 01507
Total Gross Income (Calculated)$52,800
Unit 1
Rental Income$1,500
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat), Unit 3(heat), Unit 2(heat)
Unit 2
Rental Income$1,400
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat), Unit 3(heat), Unit 2(heat)
Unit 3
Rental Income$1,500
Lease
Bedrooms2
Bathrooms2 Full
Floor
Levels in Unit
HeatingYes
Rent IncludesUnit 1(heat), Unit 3(heat), Unit 2(heat)
General Information for 40 Carroll Hill Rd, Charlton MA 01507
Listing ID73400906
Property TypeMulti Family / 3 Family
Price$599,900 ($213.49/SqFt)
Style3 Family
CityCharlton
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,810 SqFt
Approximate Lot Size (Acres)1.75 acres
Total Parking6
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesWooded
Foundation Area
Foundation DescriptionStone,Granite
Accessible Features
Outdoor Space
ZoningA
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesStorm Window(s)
Terms
Disclosures for 40 Carroll Hill Rd, Charlton MA 01507
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5Passed
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$18,000
Total Net Income By Broker$18,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 40 Carroll Hill Rd, Charlton MA 01507
Real Estate Taxes$7,219
Tax Year2025
Assessed Value$648,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$18,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$18,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.60%
Location Information for 40 Carroll Hill Rd, Charlton MA 01507
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 40 Carroll Hill Rd, Charlton MA 01507