118 Vine Street

Saugus, MA 01906

$575,000
Last Sold Price
4
Beds
3
Baths
2,059 Sq. Ft.
$279 / Sq. Ft.
2,059
Sq. Ft.
$279
per Sq. Ft.

Description

Wonderful income opportunity! Rare find in Saugus, 3/family with 2 (1 )bedroom units on first level, and a recently renovated two bedroom townhouse style unit, with private deck, on the 2nd and 3rd levels. Newly carpeted common areas. Coin-op dryer in basement, washer hook-ups for tenants. Detached 2/car garage includes loft area, and is currently being rented for $600/month. Large, well maintained grassy lot, with paved parking for 8 cars. Close to Rt. 1, public transportation, and Saugus bike trail.Wonderful income opportunity! Rare find in Saugus, 3/family with 2 (1 )bedroom units on first level, and a recently renovated two bedroom townhouse style unit, with private deck, on the 2nd and 3rd levels. Newly carpeted common areas. Coin-op dryer in basement, washer hook-ups for tenants. Detached 2/car garage includes loft area, and is currently being rented for $600/month. Large, well maintained grassy lot, with paved parking for 8 cars. Close to Rt. 1, public transportation, and Saugus bike trail.
  1. Listed by Stefanie Spadafora • RE/MAX Andrew Realty Services
  2. Listed by Roland Spadafora • RE/MAX Andrew Realty Services

Property Details for 118 Vine Street

Town
Saugus
Area
MA-Saugus
Garage Spaces
2
Parking Spaces
8.00
Parking Spaces Total
10

Location

Listing Courtesy of RE/MAX Andrew Realty Services, Stefanie Spadafora; RE/MAX Andrew Realty Services, Roland Spadafora

Sold By RE/MAX Andrew Realty Services, Stefanie Spadafora

Add your commute
LISTING UPDATED: 08/06/2022 06:42 AM

Property Details for 118 Vine Street

StatusSold
MLS #72192830
Days on Market20
Taxes$4,733 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1910
CountyEssex County

Location

Listing Courtesy of RE/MAX Andrew Realty Services, Stefanie Spadafora; RE/MAX Andrew Realty Services, Roland Spadafora

Sold By RE/MAX Andrew Realty Services, Stefanie Spadafora

Add your commute

Building Information for 118 Vine Street

Stories4Residences3Year Built1910Building Size-Lot Size0.24 AC / 10,311 SF

Payment Calculator

$3,532 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$394

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 118 Vine Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access
  • Current Financing: Conv. Fixed
  • Living Area: 2059.0
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Laundry Features: Washer Hookup
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Heating: Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Leases are TAW,townhouse unit to be delivered vacant. Gross income reflects an additional $7200/year in rent coming from garages ($600/mo.)
Tax Information
  • Tax ID: 2154901
  • Assessments: $392,800
  • Book: 7080
  • Tax Year: 2017
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $55,200.00
  • GRE: $8,475
  • NOI: $46,725.00
  • Operating Expense: $8,475.00
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: 2
Rental Info
Rental Info
  • Total Actual Rent: $4,600.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 118 Vine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 118 Vine Street

Taxable ValueLand$270,900Additions$459,200Total$730,100
Tax Record2024$7,776 ($648 / month)
Home Facts
Baths3Total Finished SqFt2,059 SqFtAbove Grade Finished SqFt2,059 SqFtUnfinished Basement SqFt1,049 SqFtStories2Lot Size10,311 SqFtStyleTriplexYear Built1910ZoningNACountyESSEXAPNSAUG M:007-D B:0007 L:0005Fireplace TypeHas Fireplace

Schools near 118 Vine Street

This home is within Saugus School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Waybright Elementary School
PublicK to 5

Belmonte Saugus Middle School
Public6 to 8

Saugus High School
Public9 to 12

Veterans Memorial Elementary School
PublicPK to 5

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Andrew Realty Services, Stefanie Spadafora; RE/MAX Andrew Realty Services, Roland Spadafora

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.