536-540 Main Street

Woburn, MA 01801

$1,920,000
Last Sold Price
10
Beds
9
Baths
1
1/2 Bath
4,194 Sq. Ft.
$458 / Sq. Ft.
4,194
Sq. Ft.
$458
per Sq. Ft.

Description

Hard to find investment units! 10 unit mixed use building with 9 residential units & one commercial unit w 2 LED lit signage boxes facing N & S. Property located in the Center of Woburn. Two Studio units, six -1 bedroom units including a townhouse unit, one 2 bedroom unit PLUS a street front commercial unit with Central AC! All occupied units. Walk to shopping,restaurants,parks & library. Easy access to highways,train & also on the bus line. All but two residential unit has been recently updated!...Hard to find investment units! 10 unit mixed use building with 9 residential units & one commercial unit w 2 LED lit signage boxes facing N & S. Property located in the Center of Woburn. Two Studio units, six -1 bedroom units including a townhouse unit, one 2 bedroom unit PLUS a street front commercial unit with Central AC! All occupied units. Walk to shopping,restaurants,parks & library. Easy access to highways,train & also on the bus line. All but two residential unit has been recently updated! Off street parking, Gas heat/electric heat. Updated electric,heating, AC units and heating systems. Original building built 1929 (#538/#540) . #536 built in 1988. All but two units have been renovated. All but two units have leases. 9 assigned off street parking spaces/1 unassigned. Great opportunity for a pristine investment property! First viewing limited to 5 units and only primary buyers and agent . All covid protocol required
  1. Listed by Beverlee Vidoli • RE/MAX Realty Experts

Property Details for 536-540 Main Street

Town
Woburn
MLS Area
Woburn Highlands
Area
MA-Woburn-Woburn Highlands, MA-Woburn
Garage Spaces
0
Parking Spaces
10.00
Parking Spaces Total
10

Location

Listing Courtesy of RE/MAX Realty Experts, Beverlee Vidoli

Sold By Keller Williams Realty Boston Northwest, Ed Greable & Company

Add your commute
LISTING UPDATED: 08/06/2022 07:27 AM

Property Details for 536-540 Main Street

StatusSold
MLS #72696427
Days on Market58
Taxes$7,515 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1988
CountyMiddlesex County

Location

Listing Courtesy of RE/MAX Realty Experts, Beverlee Vidoli

Sold By Keller Williams Realty Boston Northwest, Ed Greable & Company

Add your commute

Building Information for 536-540 Main Street

Stories6Residences10Year Built1988Building Size-Lot Size0.29 AC / 12,480 SF

Payment Calculator

$11,104 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,478

Property Taxes

$626

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 536-540 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Highway Access, Sidewalks
  • Current Financing: Cash
  • Living Area: 4194.0
  • Color: white
  • Total Units: 10
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Microwave, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Gas Water Heater, Tankless Water Heater, Utility Connections for Electric Range
  • Basement Features: Full, Partially Finished, Walk Out, Concrete Floor
  • Num of Baths: 10.0
  • Num of Full Baths: 9
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 9.50
  • Bathrooms Total Integer: 10
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Carpet, Hardwood
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Other (See Remarks)), Unit 4 Rooms(Living Room
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Roof Material: Shingle, Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • 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: Unit 2(Central Air)
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Unit 1(Electric Baseboard), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Unit 4(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Units #536-538 built in 1929 /Unit #540 built in 1988. All but two units have been updated. Commercial unit- #536C
Tax Information
  • Tax ID: M:43 B:12 L:07 U:00
  • Assessments: $806,300
  • Book: 59818
  • Tax Year: 2020
  • Zoning: S-I
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
  • Cooling Units: 1
  • Heat Units: 3
Income / Expenses
  • Electricity: $6,340.00
  • Annual Expenses Source: Owner
  • GOI: $170,220.00
  • Gross Scheduled Income: $3,281.00
  • Insurance: $4,525.00
  • GRE: $48,943
  • MGF: $0
  • RFS: $870
  • NOI: $136,760.00
  • Operating Expense: $48,943.00
  • WSE: $5,862.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $14,175.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 536-540 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 536-540 Main Street

This home is within Woburn School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Malcolm White Elementary School
PublicK to 5

John F Kennedy Middle School
Public6 to 8

Woburn High School
Public9 to 12

St Charles Elementary School
PrivatePK to 8

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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Listing Courtesy of RE/MAX Realty Experts, Beverlee Vidoli

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.