Off Market
63-67 Chestnut St, Spencer, MA
Spencer · MA 01562
- $975,000
- Price
- 22
- Beds
- 7
- Baths
- 7991
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
7 Units
Lot size:
0.38 Acre Lot
Price per square foot:
$122 / Sq.Ft
Parking:
2 Garage Spaces · 14 Off Street Spaces
About this home
Looking to add to your portfolio? This 7 unit investment opportunity located close to downtown offers 3 buildings next to each other with updated shared drive and parking. #63 is a large 3 family with 3 bedrooms, 1 bath and in-unit washer & dryers. #67 has two buildings - one with 2 - 2 bedroom units and the other with 1 - 2 bedroom and 1 - 4 bedroom unit. All with in-unit washer/ dryers. Numerous updates include updated heating systems, electrical panels, water heaters, roof on 63 Chestnut, driveway, appliances in all kitchens and in unit laundries. Either laminate or hardwood flooring throughout all apartments. Fully occupied bringing in $118,800 annually. Many rents are below market rates, so there is potential for substantial increases in income. All units come fully appliances with refrigerators, ranges, built in microwaves, dishwashers and washers & dryers. Town water and sewer, gas heating. **Vinyl Siding Being Installed on front and right side of garage before closing**
Neighborhood & Transit
63-67 Chestnut St, Spencer · MA 01562
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:
- 1112 days
- Listing Price:
- $975,000
- Price per Sq.Ft:
- $122
- Tax Assessment:
- $788,900 in 2023
- Taxes:
- $793 / Monthly
Home Facts
Interior Features
- Bedrooms
- 22
- Full Bathrooms
- 7
- Half Bathrooms
- 0
- Living Area
- 7,991 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 7991
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, 100 Amps, Other (See Remarks), Individually Metered
Exterior Features
- Lot Size
- 16,552 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 2 Parking Spaces
- Off Street Parking
- 14 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
- Jeff Taylor
- Listing office
- ERA Key Realty Services - Distinctive Group
- MLS PIN #
- 73172151
- Disclosure
- Listing agent is also owner