Listing ID72925066
Sold For$2,000,000
StatusClosed
Sold Date12/30/2021
Bedrooms24
Total Baths12
Full Baths12
SqFt
9,630
Acres
0.190
CountyEssex
Year Built1873
Property TypeResidential Income
Property Sub Type5-9 Family
Listing Agent
Richard Powers
Great income potential , 12 units, all separate utilities and all units have lead certificate, 4 room 2 bedroom units , Well maintained with recent upgrades. 12 tankless heat and hot water units installed in the fall of 2019, Updated electric , Roofs approximately 15 years old. off street parking for 10-12 cars Convenient location, Close to schools and shopping
County
Essex
Property Sub Type
5-9 Family
Property Type
Residential Income
Year Built
1873
Appliances
Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater,Tank Water Heaterless
Basement
Full, Interior Entry, Bulkhead, Concrete
Bathrooms Total Decimal
12
Building Area Units
Square Feet
Flooring
Wood,Vinyl,Varies Per Unit
Heating
1
Heating Type
Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
Interior Features
Unit 1(Lead Certification Available,Bathroom With Tub & Shower), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
Living Area
9630
Heat Zones
12
Rooms Total
48
Stories Total
7
Construction Materials
Frame
Door Features
Insulated Doors
Electric
Circuit Breakers
Exterior Features
Rain Gutters
Farm Land Area Units
Square Feet
Fencing
Fenced
Foundation Area
1560
Foundation Details
Stone, Brick/Mortar
Frontage Length
100.00
Lot Features
Corner Lot, Level
Lot Size Area
0.19
Lot Size Square Feet
8142
Lot Size Units
Acres
Number Of Units Total
12
Open Parking
1
Parking Features
Paved Drive, Off Street, On Street, Driveway, Paved
Parking Total
11
Road Frontage Type
Public
Roof
Rubber
Sewer
Public Sewer
Water Source
Public
Window Features
Insulated Windows, Screens
Building Area Source
Public Records
Community Features
Public Transportation, Shopping, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
Country
US
Directions
Corner of Carnes
Waterfront Features
Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Zoning
R4
Color
Blue
FLRS 2
1
FLRS 3
1
FLRS 4
2
GRE
15800
Lead Paint
Certified Treated
Levels 1
1
Levels 2
1
Levels 3
1
Levels 4
1
Listing Alert
No
Mls Status
Sold
FLRS 1
2
Offline List Number
3361358
Page
594
RFS
1080
UFFI
No
Year Built Details
Approximate
Year Built Source
Public Records
Year Round
Yes
Buyer Agency Compensation
2
Compensation Based On
Net Sale Price
Contingency
Pending P&S
Current Financing
Cash
Disclosure
N
Disclosures
413 Boston St And 8 Carnes St
Down Payment Resource
No
Electric Expense
700
Financial Data Source
Owner
Gross Income
146400
Insurance Expense
13000
Lease 1
N
Lease 2
N
Lease 3
N
Lease 4
N
List Price Per SqFt
223.26
Listing Terms
Seller W/Participate
Net Operating Income
130600
Operating Expense
15800
Price Per SqFt
207.68
Rent Includes
Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Sub Agency Offered
No
Tax Annual Amount
20647.34
Tax Assessed Value
1584600
Tax Book Number
18338
Tax Year
2021
Total Actual Rent
12200
Transaction Broker Compensation
2
Water Sewer Expense
12000
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