2 Patricia Drive

Tyngsborough, MA 01879

$1,050,000
Last Sold Price
8
Beds
4
Baths
3,800 Sq. Ft.
$276 / Sq. Ft.
3,800
Sq. Ft.
$276
per Sq. Ft.

Description

Spectacular cash flow potential with this low maintenance and nicely renovated 4 Unit Multi-Fam located in a quiet Tyngsborough neighborhood. All four units are nicely updated all of which have renovated baths, fresh paint, & new carpet flooring. Non-smoking building with no pets. Each unit has a large living room, kitchen w/din area, two beds, full bath, private entrance, laundry hook-ups & off-street parking. Great purchase for an investor OR even the potential to owner occupy as 1 unit has sole...Spectacular cash flow potential with this low maintenance and nicely renovated 4 Unit Multi-Fam located in a quiet Tyngsborough neighborhood. All four units are nicely updated all of which have renovated baths, fresh paint, & new carpet flooring. Non-smoking building with no pets. Each unit has a large living room, kitchen w/din area, two beds, full bath, private entrance, laundry hook-ups & off-street parking. Great purchase for an investor OR even the potential to owner occupy as 1 unit has sole access to the 1 car garage & HUGE full basement. VERY LOW expenses with easy grounds to maintain, trash services provided by town, private water/septic. Tenant pays utilities (heat, HW, & electric). 3 units are occupied w/ TAW agreements & 1 unit (unit w/garage & basement) is vacant. Vacant unit market rate estimated at $2,500/mo. When fully occupied the property would gross $100k+! Mins to Lowell, Nashua, Park & Ride. Look no further, this investment property has it all! Showings start 8/9.

Listing Agents

  1. Ryan Kiley

    Ryan Kiley

    Listing Agent

    Compass

    ryan.kiley@compass.com

    P: 978.877.2439

  2. Rachel Brock

    Rachel Brock

    Alternative Listing Agent

    Compass

Property Details for 2 Patricia Drive

Town
Tyngsborough
Area
MA-Tyngsborough
Garage Spaces
1
Parking Spaces
8.00
Parking Spaces Total
9

Location

Sold By Compass, Corey Brock

Add your commute
LISTING UPDATED: 10/04/2022 12:09 PM

Property Details for 2 Patricia Drive

StatusSold
MLS #73022214
Days on Market27
Taxes$6,623 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1972
CountyMiddlesex County

Location

Sold By Compass, Corey Brock

Add your commute

Virtual Tour

Building Information for 2 Patricia Drive

Stories6Residences4Year Built1972Building Size-Lot Size0.80 AC / 35,055 SF

Payment Calculator

$6,282 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Patricia Drive

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 3800.0
  • Color: Gray
  • SqFt with Basement: No
  • Total Units: 4
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled, Unit 4 Remodeled
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Microwave, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Electric Water Heater, Utility Connections for Electric Range
  • Basement Features: Full
  • 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, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet), Unit 4(Wall to Wall Carpet)
  • Interior Features: Unit 1(Open Floor Plan), Unit 2(Open Floor Plan), Unit 3(Open Floor Plan), Unit 4(Open Floor Plan), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Lot Description: Corner Lot, Cleared, Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 1.00
  • 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
  • Electric: Circuit Breakers
  • Heating: Unit 1(Electric), Unit 2(Electric)
  • Heating: Yes
  • Sewer: Private Sewerage
  • Utility Connections: for Electric Range
  • 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: Offers Deadline 8/15 @ 5 Pm Please Make Valid For 48 Hrs Past Deadline. Please Review All Mls Attachments. Seller Has Never Occupied The Property As Such Information Is Limited - Buyer/Buyer Agent To Perform Their Own Due Dil. Some Expenses Estimated. No Escalation Clauses! Send Offer As 1 Pdf
Tax Information
  • Tax ID: 810750
  • Assessments: $443,300
  • Book: 16225
  • Tax Year: 2022
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Annual Expenses Source: Estimated
  • GOI: $72,000.00
  • Gross Scheduled Income: $.00
  • Insurance: $2,383.00
  • GRE: $2,383
  • HTE: $0
  • MGF: $0
  • RFS: $0
  • RME: $2,400
  • NOI: $69,617.00
  • Operating Expense: $2,383.00
  • WSE: $.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: 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: $6,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2% NSP
  • Other Agent Compensation: 2% NSP

Property History for 2 Patricia Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2 Patricia Drive

Taxable ValueLand$217,300Additions$713,800Total$931,100
Tax Record2024$11,844 ($987 / month)
Home Facts
Baths4Total Finished SqFt3,800 SqFtAbove Grade Finished SqFt3,800 SqFtUnfinished Basement SqFt1,900 SqFtStories2Lot Size35,057 SqFtStyleMulti-Family Res (5+ Units)Year Built1972ZoningR1CountyMIDDLESEXAPNTYNG M:020 B:0122 L:0

Schools near 2 Patricia Drive

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

Tyngsborough Middle School
Public6 to 8

Tyngsborough High School
Public9 to 12

Academy of Notre Dame Upper School
Private9 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.

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.