Sold

422 Reservoir St, Norton, MA

Norton · MA 02766

$700,000
Price
10
Beds
5
Baths
3500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1970
Units: 5 Units
Lot size: 0.63 Acre Lot
Price per square foot: $221 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

This is the investment opportunity you've been looking for! Just sit back and collect rent! This property has been almost entirely renovated! Brand new cast iron, 5 zone boiler. 5 new hot water heaters 2019, one 2018. 3 of 4 units, Units 3(C), 4(D) & 5(E) are completely renovated w/gorgeous new kitchens: granite counters & SS appliances, new lux vinyl flooring, freshly painted, stunning new bathrooms complete w/ low flow toilets, modern vanities & tile showers. Other interior updates: new coin-op washer, new lighting/ceiling fans, common areas redone, newer smoke/COs, freshly stained/re-enforced common stairs, added insulation. Exterior updates: freshly power-washed siding, all new windows, prof tree pruning/removal, yard clean up, 4 new decks, 3 new sliders, gutters, mailboxes, front door key less entry, new bulkhead. Property features: natural gas baseboard heat, 2 preventative sump pumps, 5 storage units, water views. Potential Cap Rate of 8.3% or more!

Neighborhood & Transit

422 Reservoir St, Norton · MA 02766

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:
2492 days
Listing Price:
$775,000
Price per Sq.Ft:
$221
Tax Assessment:
$418,000 in 2019
Taxes:
$519 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,500 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Includes 700 Sq Ft in Lower Level. Floor Plan attached to MLS.
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
Unknown

Exterior Features

Lot Size
27,530 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
Carissa Whitbread
Listing office
REMAX Executive Realty
MLS PIN #
72586108
Disclosure
Includes 700 Sq Ft in Lower Level. Floor Plan attached to MLS.