Sold
332 Main St, Ashland, MA
Ashland · MA 01721
- $825,000
- Price
- 9
- Beds
- 5
- Baths
- 4245
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1863
Units:
5 Units
Lot size:
0.3 Acre Lot
Price per square foot:
$198 / Sq.Ft
Parking:
10 Off Street Spaces
About this home
Beautifully maintained, 5 family investment property located within a short walk to downtown Ashland and just 1 mile from the commuter rail station. This property generates $80K income per year, and yields an impressive 6.4% CAP rate. There are 2 buildings on the property. The main house in the front has 4 units (1 x 3BR, 2 x 2BR, 1 x 1BR) and a very cute carriage house in the rear creates the 5th unit (1BR). All units are fully rented and occupancy rate has averaged 97-98% every year. All the heavy lifting is done with $140K of capital improvements in the last 5 years. 2016 - high efficiency Viessman boiler with 5 zones and densepack insulation. 2017 - vinyl siding and new gutters. 2018 - new asphalt driveway with 10 space parking lot. 2019 - new asphalt roof. All units are well maintained, some with original hardwood floors, some with carpet. Coin op laundry in basement for additional income.
Neighborhood & Transit
332 Main St, Ashland · MA 01721
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 2111 days
- Listing Price:
- $839,000
- Price per Sq.Ft:
- $198
- Tax Assessment:
- $466,900 in 2020
- Taxes:
- $629 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 4,245 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 110 Volts, 220 Volts, Circuit Breakers, 200 Amps
Exterior Features
- Lot Size
- 13,068 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 10 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Kevin Clue
- Listing office
- WestHill Properties
- MLS PIN #
- 72721292