Sold

40 Sturbridge Rd, Charlton, MA

Charlton · MA 01507

$800,000
Price
10
Beds
6
Baths
5239
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 6 Units
Lot size: 1.27 Acres Lot
Price per square foot: $156 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

Presenting this turnkey 6 unit income producing asset located in Charlton, MA just off of Route 20. The building features 4 - three bed/one bath units, 1 - two bed/one bath unit and 1 - one bed/one bath unit. The building has been well maintained and managed with 6 newly installed water heaters, 4 being tankless, furnace use was removed to avoid future expenses and new gutters installed. CapEx has been addressed. Both structure and units are in great condition. 40 Sturbridge Rd presents an extremely strong rent roll at purchase. Current NOI is nearly $70,000 with the ability for rental increases bringing proforma NOI to $96,000.

Neighborhood & Transit

40 Sturbridge Rd, Charlton · MA 01507

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:
986 days
Listing Price:
$815,000
Price per Sq.Ft:
$156
Tax Assessment:
$681,400 in 2024
Taxes:
$644 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
6
Half Bathrooms
0
Living Area
5,239 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5239
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
55,260 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
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Benjamin Carbone
Listing office
Byrnes Real Estate Group LLC
MLS PIN #
73203378
Disclosure
6 new water heaters. 4 tankless and on the walls (this winter)• Took out furnace use, to avoid future expenses• New gutters • 3/6 units have been renovated since purchased in 2020