Randi Steckler
22 South Street Suite 203
Hopkinton, MA 01748

Direct: 508-944-0090 
Fax: 508-625-1055 

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Randi Steckler
Randi Steckler
Realtor
RE/MAX Executive Realty

1 Spring Terrace, Northbridge, MA 01588

Multi-Family

$499,900
Price
$465,000
Sale Price

6
Units
6,226
Approx. GLA
GREAT INVESTMENT OPPORTUNITY with this 6 unit building. Each unit has a front porch, rear deck, 3-4 bedrooms per unit, ample parking, onsite coin-op laundry owned by seller. Current rents are below market value for this area. Back porches have been updated recently. All units are individually metered for gas and electricity. Hot water heaters are gas and owned by the seller. 50 year rubber roof professionally installed 17 years ago.
Highlights
Terms: Contract for Deed
Sale Price: $465,000
Settled Date: 6/6/2018 12:00:00 AM
Basement Features: Partial, Walk Out, Concrete Floor
List Price: $499,900
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Sold
Beds: 20
Baths: 6
Units: 6
Year Built: 1920
Year Round: Yes
Approx. GLA: 6,226
MLS#: 72304371
Interior
Basement: Yes
Electricity Cost: $540
Electric Features: 110 Volts, 220 Volts, Circuit Breakers, 100 Amps, Common, Individually Metered
Heating Units: 6
Heating Zones: 6
Flooring: Wood
Hot Water: Natural Gas
Rooms: 33
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.36
Lot Size: 15,668.00
Lot Description: Paved Drive, Gentle Slope
Foundation: Fieldstone
Parking Spaces: 10
Parking Features: Off-Street, Common, Paved Driveway
Road Type: Private, Paved, Privately Maint.
Color: White
Construction: Frame
Roof Material: Rubber
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Porch, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $372,700
Taxes: $5,043
Tax Year: 2017
Book/Page: 17179/217
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $51,000
Gross Expenses: $3,567
Total Rent: $4,250
Net Income: $47,433
Insurance Cost: $3,510
Refuse Cost: $960
Sewer Cost: $1,917
Water Cost: $1,650
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Exclusions: Tenants personal property
Disclosure Declaration: No
Disclosure: 48 Hour notice needed to notify tenants to see property. Also listed on MLS Commercial # 72304370
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 No 1 $850
Unit 2 5 3 0 1 1 0 No 1 $850
Unit 3 6 4 0 2 1 0 No 1 $850
Unit 4 6 4 0 2 1 0 No 1 $850
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas, Individual  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Cable TV Available  Rooms:  Living Room, Kitchen, Office/Den 
Unit 4
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Cable TV Available  Rooms:  Living Room, Kitchen 
Common
Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Cable TV Available  Rooms:  Laundry 
Map
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The listing office is RE/MAX Executive Realty and the listing agent is Diane Darrah Nordberg. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. and it's 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. The data was last modified on 9/22/2018 5:35:00 PM.


RE/MAX Executive Realty   Randi Steckler, Realtor
RE/MAX Executive Realty
Direct: 508-944-0090 • Fax: 508-625-1055
randi@randisteckler.com

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