- Zip Code01507
- TypeMulti Family
- Full Bathrooms2
- Half Bathrooms1
- Total Rooms12
- Sq. Ft.4, 664
- Exterior FeaturesStone Wall, Deck, Covered Patio/Deck, Gutters, Storage Shed, Professional Landscaping, Screens
- Parking Off-Street, Paved Driveway
- Garage Space2
- SewerPrivate Sewerage
- Year Built1988
- Middle SchoolHeritage Middle
- High SchoolShepard Hill
- Estimated Taxes$6, 240
HUGE PROPERTY WITH 2 RESIDENTIAL UNITS & 2 COMMERCIAL UNITS LOCATED ON RT.31. THIS MIXED-USE PROPERTY HAS APPROXIMATELY 4,600 SQUARE FEET OF SPACE & HAS BEEN MAINTAINED IN EXCELLENT CONDITION. IT IS LISTED AT A NET CAPITALIZATION RATE OF 7.17%. YES, THAT IS A NET CAP RATE OF 7.17% NOT TO BE CONFUSED WITH A GROSS CAP RATE. WHAT BANK IS GOING TO PAY YOU THAT TYPE OF RETURN ON YOUR MONEY & HAVE THE POTENTIAL FOR CAPITAL APPRECIATION? THE LISTING PRICE IS A DEEP DISCOUNT TO ITS REPLACEMENT COST IN TODAY'S MARKET. IDEAL PROPERTY FOR BUYERS WHO ARE LOOKING FOR A MORTGAGE HELPER OR AN INVESTOR WHO IS LOOKING FOR AN EXCELLENT INVESTMENT PROPERTY IN THE DESIRABLE TOWN OF CHARLTON. CALL NOW FOR MORE INFORMATION ON THIS LISTING INCLUDING THE INCOME STATEMENT, SURVEY, AS-BUILT SEPTIC SYSTEM & PASSING TITLE-5 REPORT. TAKE ADVANTAGE OF THIS EXCELLENT OPPORTUNITY TO BECOME AN OWNER OF THIS UNIQUE PROPERTY & GROW YOUR PORTFOLIO.
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Listing courtesy of: George Goulas, Keller Williams Realty Greater Worcester
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