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$960,000
Total Beds: 4 Total Baths: 5
Total Units: 4 SQFT: 4277
LOT size: 0.33 Acres
44 Maple Ave
Shrewsbury, MA 01545
View Map

Property Description

RARE OPPORTUNITY, LOCATION, LOCATION, LOCATION does not get better than this! New to market in the heart of Shrewsbury, close to major highway and routes. This 4-unit mixed use property would be a great investment. The 1st floor offices are approx. 2,340 sq. ft. and is a well-established professional business, as well as (1) two BR and (2) 1 BR units. All fully rented, residential units are all under market rents! Business and all eqpt are not part of the sale and will stay on with a new negotiated lease with sale of property. Building is in great shape and most major big-ticket items have already been taken care of. Roof approx. 10 years, Furnace & HW tank approx. 3-5 years, units have been renovated within approx.10 years. 200AMP service for office, ea unit has individual sub-panel. Property has 11 - 14 parking spots. DO NOT miss this rare opportunity. First Group showing Tue 5/30 6-7:30 all buyers & agents must contact LA to be on the list. Also listed on Commercial MLS # 73116457.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 7
  • Total Bedrooms: 4
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Amenities: Highway Access, House of Worship, Private School, Public School, Public Transportation
  • Basement Features: Concrete Floor, Full

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 84600
  • Gross Expenses: 10112
  • Electric Expenses: 351
  • Water/Sewer: 1568
  • INSC: 3000
  • Repairs & Maintenance: 1000
  • RFS: 1234
  • Net Operating Income: 74488

Utilities

  • Hot Water: Natural Gas
  • Electric Info: 200 Amps, 60 Amps/Less, None
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Electric Oven
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Heating: Extra Flue, Gas, Heat Pump
  • Cooling: Wall AC
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 2
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 2
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Unit 4 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 2
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73116449
  • Last Updated: 05/30/23
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Christopher J. Campolito, Campolito Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.25
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2023 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 2023-05-30 17:46:00

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