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Description

What an opportunity to invest! FIVE buildings with SIX rental units that are full with paying tenants! This property makes money from DAY ONE! Easy to manage as tenants pay their own utilities. 3 car garage has an owners bay and the other two are rented for additional income. Great location in Northbridge near the Sutton and Grafton town lines. Off street parking - updated vinyl siding - buildings are clean and in good condition. Enjoy a double digit cap rate! NOT A SHORT - quick close!What an opportunity to invest! FIVE buildings with SIX rental units that are full with paying tenants! This property makes money from DAY ONE! Easy to manage as tenants pay their own utilities. 3 car garage has an owners bay and the other two are rented for additional income. Great location in Northbridge near the Sutton and Grafton town lines. Off street parking - updated vinyl siding - buildings are clean and in good condition. Enjoy a double digit cap rate! NOT A SHORT - quick close!
  1. Listed by Amy Mullen • RE/MAX Prof Associates

Property Details for 5 Fowler Road

Town
Northbridge
Area
MA-Northbridge
Garage Spaces
3
Open Parking Spaces
10.00
Parking Spaces Total
10
LISTING CLOSED: 03/15/2013 12:00 AM

Property Details for 5 Fowler Road

StatusSold
MLS #71454650
Days on Market121
Taxes$4,918 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyWorcester County

Location

Listing Courtesy of RE/MAX Prof Associates, Amy Mullen

Sold By Sposato Realty Group, Kathleen Sposato

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Building Information for 5 Fowler Road

Stories7Residences6Year Built1900Building Size-Lot Size0.41 AC / 17,860 SF

Payment Calculator

$1,920 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,510

Property Taxes

$410

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Fowler Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Current Financing: Cash
  • Living Area: 0.0
  • Color: Varies
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Unknown/Mixed
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Varies Per Unit
  • Laundry Features: Washer Hookup
Exterior Features
  • Construction: Frame
  • Exterior Features: Varies per Unit
  • Exterior Features: Fenced Yard, Deck - Wood
  • Fencing: Fenced
  • Lot Description: Corner Lot, Cleared, Level
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 3.00
  • Garage: Yes
  • Garage Parking: Off-Street, Improved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Improved Driveway
  • Parking Features: Off-Street, Improved Driveway
Utilities
  • Electric: Other (See Remarks)
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Oven, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Washer/dryer in 5 Fowler tenant owned,water heater in top floor of 89 Sutton leased
Tax Information
  • Listing Terms: Contract
  • Assessments: $383,900
  • Block: 00114
  • Book: 8032
  • Map: 00021
  • Tax Year: 2012
  • Zoning: Commercial
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Other
  • Foundation Area: 0.0
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $156.00
  • Annual Expenses Source: Owner
  • GOI: $57,300.00
  • Gross Scheduled Income: $.00
  • Insurance: $2,639.00
  • GRE: $19,790
  • HTE: $0
  • MGF: $0
  • MSE: $3,000
  • RFS: $1,012
  • RME: $3,000
  • NOI: $37,510.00
  • Operating Expense: $19,790.00
  • WSE: $3,357.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,775.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 5 Fowler Road

DateEvent & SourcePriceAppreciation
Mar 15, 2013

Sold

MLS PIN #71454650

$303,000
Feb 21, 2013

Contingent

MLS PIN #71454650

Nov 5, 2012

Listed (Active)

MLS PIN #71454650

$335,000
DateEvent & SourcePrice
03/15/2013

Sold

MLS PIN #71454650

$303,000
02/21/2013

Contingent

MLS PIN #71454650

11/05/2012

Listed (Active)

MLS PIN #71454650

$335,000

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

Schools near 5 Fowler Road

This home is within Northbridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Northbridge Elementary School
PublicPK to 1

Northbridge Elementary School
PublicPK to 5

Northbridge Middle School
Public6 to 8

Northbridge 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 RE/MAX Prof Associates, Amy Mullen

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.