1 Lyonsville Rd

4,356 Sq. Ft.
$69 / Sq. Ft.
4,356
Sq. Ft.
$69
per Sq. Ft.

Description

Here is an opportunity to own a 4-unit apartment building with excellent rental income, perfect for the owner occupant or investor. Conveniently located in the heart of Colrain, the 1.64 acre lot is open and inviting offering a fabulous garden area with mountain and farmland views. Updates from 2015 – 2016 include installation of a new well, updated wiring, new exterior fire stairs, new boiler, re-shingle half of the roof and new cupboards apt B. There is a single attached garage and a finished,...Here is an opportunity to own a 4-unit apartment building with excellent rental income, perfect for the owner occupant or investor. Conveniently located in the heart of Colrain, the 1.64 acre lot is open and inviting offering a fabulous garden area with mountain and farmland views. Updates from 2015 – 2016 include installation of a new well, updated wiring, new exterior fire stairs, new boiler, re-shingle half of the roof and new cupboards apt B. There is a single attached garage and a finished, heated, bonus room, currently being used for storage. Apartments units are 2 up and 2 down offering spacious living areas. A total of 1.64 acres is comprised of 3 contiguous parcels. Map1240 Blocks 1, 2 and 3. Tenants to be allowed to stay if they desire in the premises for an additional 3 months at the current rental rate from date of closing. See Disclosure section for additional disclosures.
  1. Listed by Cathy Roberts • Cohn & Company

Property Details for 1 Lyonsville Road

Town
Colrain
Area
MA-Colrain
Style
Garden
Garage Spaces
1
Open Parking Spaces
8.00
Parking Spaces Total
8
LISTING CLOSED: 03/23/2023 12:00 AM

Property Details for 1 Lyonsville Road

StatusSold
MLS #73032880
Days on Market85
Taxes$4,102 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1780
CountyFranklin County

Location

Listing Courtesy of Cohn & Company, Cathy Roberts

Sold By LAER Realty Partners, Kaitlin Scutari

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Building Information for 1 Lyonsville Road

Stories6Residences4Year Built1780Building Size-Lot Size1.64 AC / 71,438 SF

Payment Calculator

$1,837 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,495

Property Taxes

$342

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1 Lyonsville Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Walk/Jog Trails, Highway Access, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 4356.0
  • Color: Brown
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Colrain
  • High School: Mohawk Hs
  • Middle School: Mohawk Ms
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Unit 3(Range, Refrigerator), Unit 4(Range, Tankless Water Heater
  • Basement Features: Full, Bulkhead, Sump Pump, Concrete Floor, Unfinished Basement
  • 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
Exterior Features
  • Construction: Frame
  • Exterior Features: Garden
  • Exterior Features: Garden Area, Porch
  • Lot Description: Flood Plain, Cleared, Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • View: Scenic View(s)
  • View: Yes
  • Waterview Features: River
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Off-Street, Stone/Gravel
  • Parking Features: Off-Street, Stone/Gravel
  • Parking Features: Off-Street, Stone/Gravel
Utilities
  • Electric: Circuit Breakers
  • Heating: Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Unit 3(Hot Water Baseboard, Unit 4(Hot Water Baseboard
  • Heating: Yes
  • Sewer: Inspection Required for Sale, Private Sewerage
  • Water: Private
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: In reference to a prior furnace oil spill,there has been a release and a Permanent Solution (PS) with No Conditions was field with DEP on Sept. 11,2021. No Buyer Letters.
Tax Information
  • Tax ID: 3932378
  • Assessments: $200,300
  • Block: 1
  • Book: 6669
  • Lot: 0
  • Map: 1240
  • Tax Year: 2022
  • Zoning: Com/Indust
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter, Block, Stone
  • Frontage: 230.00
Income / Expenses
  • Electricity: $750.00
  • Annual Expenses Source: Owner
  • GOI: $52,176.00
  • Insurance: $3,349.00
  • GRE: $20,625
  • HTE: $10,800
  • MGF: $2,400
  • MSE: $738
  • RFS: $1,548
  • NOI: $31,551.00
  • Operating Expense: $20,625.00
  • WSE: $1,040.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,348.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 1 Lyonsville Road

DateEvent & SourcePriceAppreciation
Mar 23, 2023

Sold

MLS PIN #73032880

$300,000
Dec 12, 2022

Under Agreement

MLS PIN #73032880

Nov 23, 2022

Contingent

MLS PIN #73032880

DateEvent & SourcePrice
03/23/2023

Sold

MLS PIN #73032880

$300,000
12/12/2022

Under Agreement

MLS PIN #73032880

11/23/2022

Contingent

MLS PIN #73032880

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

Public Records for 1 Lyonsville Road

Taxable ValueLand$32,600Additions$299,900Total$332,500
Tax Record2025$6,071 ($506 / month)
Home Facts
Baths4Total Finished SqFt4,356 SqFtAbove Grade Finished SqFt4,356 SqFtUnfinished Basement SqFt1,938 SqFtStories2Lot Size36,590 SqFtStyleMulti-Family Res (5+ Units)Year Built1780CountyFRANKLINAPNCOLR M:1240 B:0001 L:00000

Schools near 1 Lyonsville Road

This home is within Mohawk Trail School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - PK to 6
Public - PK to 6
Rating
School
Distance
Colrain Central School
PublicPK to 6

Mohawk Trail Regional High School
Public7 to 12

Buckland-Shelburne Regional
PublicPK to 6

Sanderson Academy
PublicPK to 6

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cohn & Company, Cathy Roberts

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.