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You are here:
96 Days on Boston Pads
Price Reduced $45,100
42 Photos
$949,900
5 Unit
7 Beds
5 Baths
3210 SQFT
0.14 Acre
3 North
Grafton, MA 01536

Property Description

Grafton Center! Ideal 5-family investment, walking distance to town common. Updated units in excellent condition. Easy to rent - building is always fully occupied. One lease, others TAW. Great rents! All units separately metered. Present owner upgraded common heating system to economical gas (heat included in rent). Laundry machines in the basement are additional cash flow. Parking for tenants with 2 cars is tandem. Units 1-4 certified de-leaded in 1996; Unit 5 (3rd floor) not certified. Metal fire escape (2019) means no headaches when the town schedules the 5-yr check. Great turnkey investment!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 9
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Amenities: Public Transportation
  • Basement Features: Full, Garage Access, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room, Office/Den, Sunroom
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Common Heating: Active Solar, Central Heat, Central Heat, Common, Electric, Electric Baseboard, Extra Flue, Gas, Ground Source Heat Pump, Heat Pump, Hot Water Radiators, Hot Water Radiators, Humidifier, Steam
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 87200
  • Gross Expenses: 8600
  • GSE: 4000
  • Electric Expenses: 1000
  • Water/Sewer: 600
  • INSC: 3000
  • Miscellaneous Expense: 2000
  • Net Operating Income: 78600

Utilities

  • Heat Zones: 1
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Unit 3 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1830
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Post & Beam, Stucco
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Pine, Tile
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73265513
  • Last Updated: 10/09/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/08/2024Active$949,900$296MLSPIN
10/04/2024Price Change$949,900$296MLSPIN
08/07/2024Temporarily Withdrawn$995,000$310MLSPIN
07/20/2024Active$995,000$310MLSPIN
07/16/2024New$995,000$310MLSPIN

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Map & Resources

Grafton Middle School

Public Middle School, Grades: 7-8

0.56mi

Grafton High School

Public Secondary School, Grades: 9-12

0.57mi

North Street Elementary School

Public Elementary School, Grades: 2-6

0.68mi

Swirls & Scoops

Ice Cream Parlor

0.6mi

Bushel 'N Peck

Restaurant. Offers: Gluten Free

0.06mi

Grafton Fire Department

Fire Station

0.2mi

Grafton Fire Department

Fire Station

0.43mi

Grafton Police Headquarters

Police

0.42mi

Gabelein Wood

Conservation Organization Park

0.73mi

Lions Club

Municipal Park

0.76mi

Marsters Preserve

Nature Reserve

0.82mi

Blackstone River Land

Municipal Park

0.86mi

Gummere Wood

Conservation Organization Park

0.91mi

Norcross Park

Municipal Park

0.15mi

Chestnut Street Forest

Recreation Ground

0.23mi

Cr #3

Recreation Ground

0.52mi

Cr #4

Recreation Ground

0.55mi

Gatehouse Dam - Rita Martin Co

Recreation Ground

0.58mi

Highfields Golf & Country Club

Golf Course

0.67mi

Grafton Public Library

Library

0.08mi

Kids on the Common Pediatrics

Paediatrics

0.06mi

Seller's Representative: Margo Otey, RE/MAX Executive Realty
MLS ID#: 73265513

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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 2024-10-09 11:10:00