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For more information on this property, contact Caren Mulcunry at 508-625-0121 or [email protected]

35 South Street
Westborough, Massachusetts MA 01581
Sold For: $800,000
Listing ID 72917364
Status Closed
Sold Date 7/15/2022
Bedrooms 5
Full Baths 4
Total Baths 4
SqFt 2,844
Acres 0.300
Year Built 1874

Property Description:

Wow, opportunity to buy 4 family with multi stall business garage in downtown Westborough. Longtime owner has been very dedicated to the long-term tenants, therefore all residential four units are rented significantly below market rent, as owner pays all utilities. Two front units have a porch. One electric meter and gas meter for entire building. Garage has separate meters. Ideal for owner occupied or business looking for downtown location. Savvy investor can rent out the garage as well. Basement has office for business. Please check zoning and use by-laws for potential usage of the 26 X 76 garage. The garage was formerly a auto repair/restoration business, so pre-existing non-conforming use regulations may impact future use of the garages.

Primary Features

County: Worcester
Property Sub Type: 4 Family
Property Type: Residential Income
Year Built: 1874

Interior

Bathrooms Total Decimal: 4
Building Area Units: Square Feet
Living Area: 2844
Rooms Total: 14
Stories Total: 5

External

Covered Spaces: 4
Farm Land Area Units: Square Feet
Foundation Details: Other
Garage: 1
Garage Spaces: 4
Lot Size Area: 0.3
Lot Size Square Feet: 13416
Lot Size Units: Acres
Number Of Units Total: 4
Open Parking: 1
Parking Features: Paved Drive, Off Street
Parking Total: 10
Roof: Shingle
Sewer: Public Sewer
Water Source: Public

Location

Building Area Source: Public Records
Community Features: Public Transportation, Shopping, Golf, Medical Facility, House of Worship
Country: US
Directions: GPS
Zoning: BB

Additional

FLRS 2: 2
FLRS 3: 1
FLRS 4: 1
GRE: 25375
HTE: 2238
Lead Paint: Unknown
Levels 1: 1
Levels 2: 1
Levels 3: 1
Levels 4: 1
Listing Alert: No
Mls Status: Sold
FLRS 1: 1
Offline List Number: 3353217
Page: 313
RFS: 1400
Year Built Details: Approximate
Year Built Source: Public Records

Financial

Buyer Agency Compensation: 2.5
Compensation Based On: Net Sale Price
Current Financing: Other
Disclosure: Y
Disclosures: Roof On Garage Needs Repair
Down Payment Resource: No
Electric Expense: 4079
Gross Income: 49200
Gross Scheduled Income: 2382
Insurance Expense: 4433
Lease 1: N
Lease 2: N
Lease 3: N
Lease 4: N
List Price Per SqFt: 305.87
Net Operating Income: 33179
Operating Expense: 25375
Price Per SqFt: 281.29
Rent Includes: Unit 1(Heat,Electric,Gas,Hot Water), Unit 2(Heat,Electric), Unit 3(Heat,Electric), Unit 4(Heat,Electric)
Sub Agency Offered: No
Tax Annual Amount: 8977
Tax Assessed Value: 489000
Tax Block: 497
Tax Book Number: 62105
Tax Map Number: 20
Tax Year: 2021
Total Actual Rent: 4100
Water Sewer Expense: 1489

Zoning Info


Contact - Listing ID 72917364

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Caren Mulcunry

22 South St #203
Hopkinton, MA 01748
Phone: 508-625-0121

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