1 Center Rd

3,950 Sq. Ft.
$62 / Sq. Ft.
3,950
Sq. Ft.
$62
per Sq. Ft.

Description

Fantastic profitable 4 family in the heart of the busy Shirley business zone. When fully rented would gross +/- 42,300 per year. This is a better investment than the stock market. Watch your home value grow over time along with your rental income. 3 of the 4 units are all renovated. Separate metered utilities. Rented units with lease agreements in place. Town water and sewer. Easy property to maintain. The lender has agreed to a short sale. Buyer to pay 9500.00 betterment fee at closing.Fantastic profitable 4 family in the heart of the busy Shirley business zone. When fully rented would gross +/- 42,300 per year. This is a better investment than the stock market. Watch your home value grow over time along with your rental income. 3 of the 4 units are all renovated. Separate metered utilities. Rented units with lease agreements in place. Town water and sewer. Easy property to maintain. The lender has agreed to a short sale. Buyer to pay 9500.00 betterment fee at closing.
  1. Listed by Daniel M. Loring • Keller Williams Realty North Central

Property Details for 1 Center Road

Town
Shirley
Area
MA-Shirley
Garage Spaces
0
Open Parking Spaces
10.00
Parking Spaces Total
10
LISTING CLOSED: 02/22/2013 12:00 AM

Property Details for 1 Center Road

StatusSold
MLS #71428214
Days on Market89
Taxes$4,667 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Keller Williams Realty North Central, Daniel M. Loring

Sold By CBRB Premier Communities / South Beach Landing, Susan Bolgar

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Building Information for 1 Center Road

Stories7Residences4Year Built1900Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

$1,624 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,235

Property Taxes

$389

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1 Center Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Park, Walk/Jog Trails, Golf Course, Conservation Area, Highway Access, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 3950.0
  • Color: White
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Shirley
  • High School: Ayer/Shirley
  • Middle School: Ayer/Shirley
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Electric Water Heater, Tankless Water Heater, Utility Connections for Electric Range
  • Basement Features: Partial, Walk Out
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Carpet
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Cooling: No
  • Electric: 220 Volts, 200+ Amp Service, Common, Individually Metered
  • Heating: Baseboard, Natural Gas, Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Unit 3(Hot Water Baseboard, Unit 4(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Sewer betterment to be paid by the buyer at closing or payments to the town. 9500.00
Tax Information
  • Listing Terms: Contract
  • Tax ID: 743819
  • Assessments: $311,500
  • Block: B
  • Book: 41531
  • Lot: 1
  • Map: 16
  • Tax Year: 2012
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
  • Frontage: 200.00
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 4
Income / Expenses
  • Electricity: $175.00
  • Annual Expenses Source: Owner
  • GOI: $42,300.00
  • Gross Scheduled Income: $.00
  • Insurance: $2,400.00
  • GRE: $7,625
  • HTE: $1,800
  • MGF: $0
  • MSE: $250
  • RFS: $0
  • RME: $1,800
  • NOI: $34,675.00
  • Operating Expense: $7,625.00
  • WSE: $1,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 3
Rental Info
Rental Info
  • Total Actual Rent: $3,535.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 1 Center Road

DateEvent & SourcePriceAppreciation
Feb 22, 2013

Sold (Public Record)

Public Record #349783030

$243,000

+0.2% / yr

Feb 22, 2013

Sold

MLS PIN #71428214

$243,000
Dec 11, 2012

Under Agreement

MLS PIN #71428214

DateEvent & SourcePrice
02/22/2013

Sold (Public Record)

Public Record #349783030

$243,000

+0.2% / yr

02/22/2013

Sold

MLS PIN #71428214

$243,000
12/11/2012

Under Agreement

MLS PIN #71428214

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Center Road

Taxable ValueLand$130,400Additions$333,600Total$464,000
Tax Record2025$6,018 ($502 / month)
Home Facts
Baths4Total Finished SqFt3,950 SqFtAbove Grade Finished SqFt3,950 SqFtUnfinished Basement SqFt1,975 SqFtStories2Lot Size13,848 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningSVCountyMIDDLESEXAPNSHIR M:0016 B:000B L:00001

Schools near 1 Center Road

This home is within Ayer Shirley School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Page Hilltop School
PublicPK to 5

Lura A. White Elementary School
PublicK to 5

Ayer Shirley Regional Middle School
Public6 to 8

Ayer Shirley Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty North Central, Daniel M. Loring

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.