1184 Main Street

Leicester, MA 01524

$530,000
Last Sold Price
8
Beds
6
Baths
4,772 Sq. Ft.
$111 / Sq. Ft.
4,772
Sq. Ft.
$111
per Sq. Ft.

Description

Price change, Motivated Seller. Look at the numbers on this CASH COW. Large, clean 6 unit fully occupied, 6 TAW's with a few LONG term tenants. All the heavy lifting has been done and this property is ready for it's next owner. There are 2 two bedroom units and 4 one bedroom units. The roof was done in 2020, the electric service and panel updated to 200amp circuit breakers in 2019. Lots of cosmetic updates. There is plenty of off street parking 10+ and a large level back yard that abuts Sargent Pond....Price change, Motivated Seller. Look at the numbers on this CASH COW. Large, clean 6 unit fully occupied, 6 TAW's with a few LONG term tenants. All the heavy lifting has been done and this property is ready for it's next owner. There are 2 two bedroom units and 4 one bedroom units. The roof was done in 2020, the electric service and panel updated to 200amp circuit breakers in 2019. Lots of cosmetic updates. There is plenty of off street parking 10+ and a large level back yard that abuts Sargent Pond. Great location on Main St. Close to Major routes. Don't miss the opportunity to own this Clean, Fully Occupied 6 unit. Unit #6 is a 1 bedroom $1,050 per month. Coin opp laundry brings in approx. $175 per month. Multiple offer situation the Seller is asking for best and final by 5:00PM on 11/24
  1. Listed by Robert Brown • RE/MAX Executive Realty

Property Details for 1184 Main Street

Town
Leicester
Area
MA-Leicester
Style
Garden
Garage Spaces
0
Parking Spaces
12.00
Parking Spaces Total
12

Location

Add your commute
LISTING UPDATED: 08/06/2022 07:41 AM

Property Details for 1184 Main Street

StatusSold
MLS #72833651
Days on Market203
Taxes$4,177 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1830
CountyWorcester County

Location

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Building Information for 1184 Main Street

Stories7Residences6Year Built1830Building Size-Lot Size0.88 AC / 38,115 SF

Payment Calculator

$3,241 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,892

Property Taxes

$348

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1184 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access
  • Current Financing: Withheld
  • Living Area: 4772.0
  • Color: White
  • Total Units: 6
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • 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: Wood, Carpet, Laminate
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Garden, Stone Wall
  • Exterior Features: Garden Area, Stone Wall, Deck - Wood, Covered Patio/Deck
  • Lot Description: Wooded
  • Patio And Porch Features: Deck - Wood, Covered
  • Roof Material: Shingle
  • View: Scenic View(s)
  • View: Yes
  • Waterview Features: Pond
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Improved Driveway, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Improved Driveway, Paved Driveway
  • Parking Features: Off-Street, Improved Driveway, Paved Driveway
Utilities
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: UNIT #6 is a 1 bedroom rent is $1,050 per month with all utilities and water included. TAW
Tax Information
  • Tax ID: 1558232
  • Assessments: $276,100
  • Block: A6
  • Book: 60242
  • Lot: 0
  • Map: 19B
  • Tax Year: 2021
  • Zoning: CB
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 777.0
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 1
  • Heat Zones: 6
Income / Expenses
  • Electricity: $5,861.00
  • Annual Expenses Source: Owner
  • GOI: $74,400.00
  • Gross Scheduled Income: $5,224.00
  • Insurance: $4,829.00
  • GRE: $20,984
  • MGF: $0
  • MSE: $0
  • RFS: $1,449
  • NOI: $53,416.00
  • Operating Expense: $20,984.00
  • WSE: $3,620.00
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: 1
Unit 3 Description
  • Floor U3: 1
  • 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: $6,025.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 1184 Main 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 1184 Main Street

Taxable ValueLand$60,400Additions$382,200Total$442,600
Tax Record2023$5,692 ($474 / month)
Home Facts
Total Finished SqFt4,772 SqFtAbove Grade Finished SqFt4,772 SqFtUnfinished Basement SqFt1,736 SqFtStories2Lot Size38,115 SqFtStyleMulti-Family Res (5+ Units)Year Built1830ZoningCBCountyWORCESTERAPNLEIC M:19B B:00000A6 L:0

Schools near 1184 Main Street

This home is within Leicester School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Leicester Primary School
PublicPK to 2

Leicester Memorial Elementary School
PublicK to 4

Leicester Middle School
Public5 to 8

Leicester 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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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 Executive Realty, Robert Brown

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.