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You are here:
Home Massachusetts Hamilton Multi-Family Homes for Sale

191 Bay Road Hamilton, MA 01982

117 Days on Boston Pads
Price Reduced $50,000
27 Photos
$945,000
2 Unit
5 Beds
2 Baths
2500 SQFT
0.57 Acre
191 Bay Road
Hamilton, MA 01982

Property Description

YOU WILL LOVE THIS PROPERTY MORE AFTER REVIEWING THE ATTACHED NOTES ON THE FANNIE MAE 5% EQUITY PROGRAM FOR OWNER OCCUPANTS!!! Rear deck and access contruction will start in early May and done by the end of the month. A charming in-town three level Two-Family available as an excellent investment or an ideal owner occupant with in-place rental income. Take advantage of the new 5% down Fannie Mae financing program recently enacted to benefit multi-family owner occupants. The property has undergone renovations over the past two years and is ready for an upper unit rental or owner-occupant. Please see the attached document for details on the renovations and features of the property.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Conservation Area, Golf Course, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Internet Available - Broadband, Internet Available - Fiber-Optic, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Active Solar, Common, Electric Baseboard, Electric Baseboard, Gas, Ground Source Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators, Humidifier, Oil, Radiant

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 30000
  • Net Operating Income: 30000

Utilities

  • Heat Zones: 2
  • Electric Info: 100 Amps, Individually Metered, Other (See Remarks)
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Dryer, for Gas Oven, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: On-Site, Private Sewerage

Unit 1 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1850
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Irregular, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73191107
  • Last Updated: 04/30/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/29/2024Active$945,000$378MLSPIN
04/29/2024Active$945,000$378MLSPIN
04/25/2024Price Change$945,000$378MLSPIN
04/25/2024Price Change$945,000$378MLSPIN
03/19/2024Active$965,000$386MLSPIN
03/19/2024Active$965,000$386MLSPIN
03/15/2024Price Change$965,000$386MLSPIN
03/15/2024Price Change$965,000$386MLSPIN
01/15/2024Active$995,000$398MLSPIN
01/11/2024New$995,000$398MLSPIN
01/09/2024Active$995,000$398MLSPIN
01/05/2024New$995,000$398MLSPIN

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Map & Resources

Seller's Representative: Frederick Bruce Harlamert, Frederick Bruce Harlamert
Sub Agent Compensation: 3
Buyer Agent Compensation: 3
Facilitator Compensation: 3
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: Yes

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The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-04-30 16:39:00