Last Sold Price
6 beds4,005 sqft$195/sqft

Description

Seller has assumable mortgage rate of 2.875% Market Value of monthly rental income: Over $7000! Whether you are an investor or homeowner looking for additional income or a mortgage helper, this property has so much to offer! Located near historic downtown Lancaster this impressive property offers 4 apartments, additional bonus area over garage, and an inground pool for residents to enjoy! The deck spaces offer a fantastic spot for morning coffee, watching the foliage change, and enjoying the summer...Seller has assumable mortgage rate of 2.875% Market Value of monthly rental income: Over $7000! Whether you are an investor or homeowner looking for additional income or a mortgage helper, this property has so much to offer! Located near historic downtown Lancaster this impressive property offers 4 apartments, additional bonus area over garage, and an inground pool for residents to enjoy! The deck spaces offer a fantastic spot for morning coffee, watching the foliage change, and enjoying the summer months. The well-maintained apartments feature many upgrades and offer spacious living, thermal windows, efficient propane heat and beautiful views of the stunning backyard. The gorgeous main entryway provides convenient coin operated laundry for tenants and additional income. Each apartment has separately metered heat and hot water. The property offers plenty of off-street parking with a two-car garage, carport and large driveway
LISTING CLOSED: 08/05/2024 12:00 AM

  1. Listed by Mulryan and Maher Group • Lamacchia Realty, Inc.
  2. Listed by Kate Maher • Lamacchia Realty, Inc.

Property Details for 56 Neck Road

Status
MLS #
73250402
Days on Market
16
Taxes
$9,069 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 4 Family
Year Built
1900
Town
Lancaster
Area
MA-Lancaster
Garage Spaces
2
Open Parking Spaces
8.00
Parking Spaces Total
8

Location

Listing Courtesy of Lamacchia Realty, Inc., Mulryan and Maher Group; Lamacchia Realty, Inc., Kate Maher

Sold By Benny's Realty Group, Andrea Aro

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Building Information for 56 Neck Road

Stories6Residences4Year Built1900Building Size-Lot Size2.00 AC / 87,120 SF

Payment Calculator

$4,720 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,965

Property Taxes

$756

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 56 Neck Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Conservation Area, Highway Access, Public School
  • Current Financing: FHA
  • Living Area: 4005.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Mary Rowlandson
  • High School: Nashoba
  • Middle School: Luther Burbank
Features
Interior Features
  • Appliances: Washer, Dryer, Range, Dishwasher, Refrigerator, Microwave
  • Basement Features: Full, Bulkhead, Concrete Floor, Unfinished Basement
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • DoorFeatures: Insulated Doors
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Tile, Vinyl, Carpet
  • Interior Features: Laundry Room, Ceiling Fan(s), Pantry, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony/Deck
  • Exterior Features: Fenced Yard, Pool - Inground, Porch, Deck
  • Fencing: Fenced
  • Lot Description: Wooded, Cleared, Level
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck
  • Pool Features: In Ground
  • Roof Material: Shingle
  • View: Scenic View(s)
  • View: Yes
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Seller has assumable mortgage rate 2.875% with balance on loan of approximately $482k. Sump pump in basement. Unit #2 currently vacant,but seller may rent it.
Tax Information
  • Tax ID: M:034.0 B:0000 L:0079.0,3762810
  • Assessments: $527,600
  • Book: 60105
  • Tax Year: 2023
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $57,600.00
  • NOI: $57,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 2
  • 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: $5,700.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 56 Neck Road

DateEvent & SourcePriceAppreciation
Aug 5, 2024

Sold

MLS PIN #73250402

$780,000
Jun 27, 2024

Under Agreement

MLS PIN #73250402

Jun 19, 2024

Contingent

MLS PIN #73250402

DateEvent & SourcePrice
08/05/2024

Sold

MLS PIN #73250402

$780,000
06/27/2024

Under Agreement

MLS PIN #73250402

06/19/2024

Contingent

MLS PIN #73250402

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

Public Records for 56 Neck Road

Taxable ValueLand$130,000Additions$638,300Total$768,300
Tax Record2025$12,416 ($1,035 / month)
Home Facts
Total Finished SqFt3,430 SqFtAbove Grade Finished SqFt3,430 SqFtStories3Lot Size87,120 SqFtStyleMulti-Family Res (5+ Units)Year Built1868Year Renovated1988CountyWORCESTERAPNLANC M:034.0 B:0000 L:0079.0

Schools near 56 Neck Road

This home is within Nashoba School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Mary Rowlandson Elementary School
PublicPK to 5

Luther Burbank Middle School
Public6 to 8

Nashoba Regional High School
Public9 to 12

Trivium School
Private7 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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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 Lamacchia Realty, Inc., Mulryan and Maher Group; Lamacchia Realty, Inc., Kate Maher

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.