Seller Financing
Address
172-178 Princeton St Holden, MA
Price
$ 1,800,000
Property Attributes
  • MLS#72943945
  • TypeMulti-Family
  • CountyWORCESTER
  • CityHolden
  • AreaJefferson
  • Zip01522
  • Style5-9 Family
  • Year Built1910
  • Taxes$ 9686
  • Price$ 1,800,000
  • Bedrooms15
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage7702
  • Lot Size0.65 Acres
Listing Provided Courtesy Of:
Karynsue Marchione-Reilly with Park Place Realty Enterprises.
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Fully rented Investment opportunity awaits with this 12 Unit/ Condo/ Apartment/Complex. A rare Investment with this lovely Victorian Style and Unique Architectural Design multi-unit with cub appeal. Invest in your future with this multi family building, a rarity for a building of this size and in this Jefferson/ Holden location excellent monthly cash flow of 13k a month. Added Value to increase low market rents, below market rents presents a strong opportunity to raise rents to market rents. Occupied with long term tenants and no leases, all tenant at will,(TAW) This property has been owned and managed by the same owner for years. Separate electrical meters for each unit. In addition there is a very spacious yard of 0.65 acres. A very large parking lot with ample parking for over15 cars. Located in a convenient location of Holden. Close to airport, shopping, Wachussett mountain for skiing, hiking and trails. Wachusset Resevior for fishing.

Price History
2/17/2022 Listed $1,800,000

General Features

Appliances Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Oil Water Heater, Utility Connections for Electric Range
Basement Full, Walk-Out Access, Concrete, Unfinished
Building Area Units Square Feet
City Holden
Community Features Public Transportation, Shopping, Public School
Construction Materials Frame
County Worcester
Directions Off Main Street Holden by Fire Station.
Disclosures Owner Broker Is Seller And Attorney Rents
Electric 220 Volts, Circuit Breakers, Individually Metered
Electric Expense 1800
Garage Spaces 1
Garage Y/N Yes
Grossincome 157380
Heating Unit 1(Forced Air, Oil), Unit 2(Forced Air, Oil), Unit 3(Forced Air, Oil), Unit 4(Forced Air, Oil)
Home Warranty Y/N No
Insurance Expense 4000
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Lot Size Square Feet 28314
MLS Area Jefferson
Net Operating Income 137481
Operatingexpense 19899
Property SubType 5-9 Family
Property Type Residential Income
Rent Includes Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water), Unit 4(Heat, Hot Water)
Roof Shingle
Sewer Public Sewer
Showing Instructions Call List Agent, Accompanied Showings, Appointment Required, Email List Agent, Call List Office, Karynsue (508)-410-8464 Conrad Swartz Esq. Owner Is Broker Associate Team Member.(508)-471-7800
Standard Status Active
Status Active
Street Name Princeton St
Tax Annual Amount 9686
Tax Year 2022
TaxAssessedValue 584900
Total Actual Rent 13115
Total Rooms 42
Total Units 12
Utilities for Electric Range, for Electric Oven, for Electric Dryer
Water Sewer Expense 3600
Year Built 1910
Year Built Details Renovated Since
Yearbuiltsource Public Records
Zoning R20

Interior Features

Fireplace Y/N No
Full Baths 12
Heating Y/N Yes
Living Area 7702
Total Baths 12
Total Bedrooms 15
Total Stories 10
Window Features Insulated Windows, Screens

Exterior Features

Building Area Total 7702
Covered Spaces 1
Door Features Insulated Doors
Foundation Details Stone
Lot Features Corner Lot, Cleared, Level
Lot Size Acres 0.65
Lot Size Area 0.65
Lot Size Units Acres
Parking Features Off Street, Guest
Road Frontage Type Public
Road Responsibility Public Maintained Road
Road Surface Type Paved
Total Parking 35
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01522

Price
AVG $1.8M
$1.8M
Taxes
AVG $9,686
$9,686
Visits
AVG 148
149
Year Built
AVG 1910
1910

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