Emerson Realtors

21 Lincoln St, Spencer, MA 01562

Multi-Family

$198,500
Price

3
Units
2,833
Approx. GLA
Great investment opportunity. Short distance to center of town. Easy access to RT 9 and 15 minutes from Worcester. All units currently rented so has immediate cash flow. Updated furnace and water heaters. House needs some work on both the exterior and interior. 1st floor apartment has been updated. Large and level back yard.
Open House
No scheduled Open Houses
Highlights
Terms: Seller W/Participate
Basement Features: Full, Walk Out, Interior Access, Garage Access, Sump Pump, Dirt Floor, Concrete Floor, Unfinished Basement
List Price: $198,500
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Contingent
Beds: 6
Baths: 3
Units: 3
Year Built: 1900
Approx. GLA: 2,833
MLS#: 72285554
Interior
Basement: Yes
Electric Features: 110 Volts, 220 Volts, Circuit Breakers, Individually Metered
Heating Units: 3
Heating Zones: 3
Energy: Insulated Windows
Hot Water: Natural Gas, Tank
Rooms: 12
Lead Paint: Yes
Total Floors: 3
Exterior
Water: No
Facing: East
Acres: 0.38
Lot Size: 16,733.00
Lot Description: Paved Drive, Shared Drive, Level
Foundation: Poured Concrete
Garage Spaces: 1
Parking Spaces: 4
Parking Features: Off-Street, Common, Paved Driveway
Road Type: Public, Paved
Color: Red
Roof Material: Slate
Utility: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Exterior Features: Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $184,800
Taxes: $2,584
Tax Year: 2017
Book/Page: 44510/334
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $2,225
Gross Expenses: $3,632
Net Income: $23,068
Insurance Cost: $2,400
Refuse Cost: $340
Water Cost: $892
 
 
Additional
Amenities: Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Public School
Disclosure Declaration: No
Disclosure: Property is being sold "as is".
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 3 0 1 1 0 No 1 $1,150
Unit 2 3 2 0 2 1 0 No 1 $500
Unit 3 2 1 0 2 1 0 No 1 $575
Units Extras
Unit 1
Applicances:  Range, Dishwasher, Microwave, Refrigerator  Heating:  Gas 
Unit 2
Applicances:  Range, Microwave, Refrigerator  Heating:  Gas 
Unit 3
Applicances:  Range, Refrigerator, Washer, Dryer  Heating:  Electric 
Map
The listing office is Keller Williams Realty Greater Worcester and the listing agent is Patrick Kennedy. 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 10/18/2018 8:35:00 PM.