294 East Main Street

East Brookfield, MA 01515

$547,500
Price
4
Beds
3
Baths
1
1/2 Bath
3,534 Sq. Ft.
$155 / Sq. Ft.
3,534
Sq. Ft.
$155
per Sq. Ft.

Description

Currently operating as a restaurant with three units, this waterfront property on Lake Lashaway presents an exceptional opportunity. Featuring 3 apartments and 1 commercial space, this versatile property is ideal for investors or owner-occupants seeking mixed-use potential. Zoned commercially, it offers flexibility for various endeavors, including restaurant use (existing on the first floor), office space, or potentially retail, alongside the 3 residential units: two one-bedroom and one two-bedroom....Currently operating as a restaurant with three units, this waterfront property on Lake Lashaway presents an exceptional opportunity. Featuring 3 apartments and 1 commercial space, this versatile property is ideal for investors or owner-occupants seeking mixed-use potential. Zoned commercially, it offers flexibility for various endeavors, including restaurant use (existing on the first floor), office space, or potentially retail, alongside the 3 residential units: two one-bedroom and one two-bedroom. Positioned for lakeside living intertwined with business possibilities, this property sits in a prime location. Lake Lashaway is a full recreational lake boasting a public boat ramp for fishing, jet skiing, kayaking, wakeboarding, and more. Offering a nontraditional opportunity to reside on the water while generating income, this property is sold as is, with the buyer assuming responsibility for the septic system. Given Title V failure, offers must be cash or rehab loan only.
  1. Listed by Cliff Leinonen & Cindy Leinonen Team • Houseworks Realty
  2. Listed by Cindy Leinonen • Houseworks Realty

Property Details for 294 East Main Street

Town
East Brookfield
Area
MA-East Brookfield
Garage Spaces
1
Parking Spaces
2.00
Parking Spaces Total
3

Location

Listing Courtesy of Houseworks Realty, Cliff Leinonen & Cindy Leinonen Team; Houseworks Realty, Cindy Leinonen
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LISTING UPDATED: 05/14/2024 03:08 AM

Property Details for 294 East Main Street

StatusActive
MLS #73236201
Days on Market12
Taxes$3,190 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1900
CountyWorcester County

Location

Listing Courtesy of Houseworks Realty, Cliff Leinonen & Cindy Leinonen Team; Houseworks Realty, Cindy Leinonen
Add your commute

Building Information for 294 East Main Street

Stories6Residences4Year Built1900Building Size-Lot Size0.11 AC / 4,600 SF

Payment Calculator

$3,254 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,988

Property Taxes

$266

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 294 East Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Walk/Jog Trails, Highway Access, Public School, Sidewalks
  • Living Area: 3534.0
  • Color: green
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Interior Access, Concrete Floor
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Carpet, Varies
  • Interior Features: Pantry, Internet Available - Unknown, Living Room, Kitchen, Living RM/Dining RM Combo, Dining Room
  • Interior Features: Internet Available - Unknown
  • SpaYN: No
Exterior Features
  • Exterior Features: Deck
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Deck
  • Roof Material: Shingle
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Waterfront, Beach Front, Lake, Lake/Pond, 1/2 to 1 Mile To Beach
  • Waterview Features: Lake
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Off-Street, Unpaved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Unpaved Driveway
  • Parking Features: Off-Street, Unpaved Driveway
Utilities
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Private Sewerage
  • Utility Connections: for Gas Range
  • 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 Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Title V failed. Septic buyer's responsibility. Tenant to provide their own smoke certificate. Sold as is! Unit 2 Tenant currently takes care of the yard and uses garage. Owner has the right to sell all the equipment & fixtures in the restaurant. Restaurant does not intend to stay. See firm remarks.
Tax Information
  • Tax ID: M:0042 B:0130 L:00360,3246024
  • Assessments: $249,800
  • Block: 130
  • Book: 7150
  • Lot: 360
  • Map: 42
  • Tax Year: 2024
  • Zoning: C
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
Income / Expenses
  • GOI: $30,300.00
  • NOI: $30,300.00
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: 1
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: $2,525.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 294 East 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 294 East Main Street

Taxable ValueLand$57,800Additions$192,000Total$249,800
Tax Record2024$3,190 ($266 / month)
Home Facts
Total Finished SqFt3,534 SqFtAbove Grade Finished SqFt3,534 SqFtStories2Lot Size4,600 SqFtStyleOffice BuildingYear Built1900ZoningCCountyWORCESTERAPNEBRO M:0042 B:0130 L:00360

Schools near 294 East Main Street

This home is within Spencer-E Brookfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
East Brookfield Elementary School
PublicPK to 6

Knox Trail Junior High School
Public5 to 8

David Prouty High School
Public9 to 12

Wire Village School
PublicK to 4

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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294 East Main Street is a multi-family home for sale in East Brookfield, MA 01515. This property was listed for sale on May 10, 2024 by Houseworks Realty, it's currently listed at $547,500. This listing's school district is Spencer-E Brookfield School District. Nearby schools include East Brookfield Elementary School, Knox Trail Junior High School and David Prouty High School. 294 East Main Street is a 4-bed, 3.5-bath, 3,534 sqft multi-family home built in 1900.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Houseworks Realty, Cliff Leinonen & Cindy Leinonen Team; Houseworks Realty, Cindy Leinonen

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.