Christine Natale | Real Estate, Lowell Real Estate, Melrose Real Estate, Essex County

106 Main St, Wilmington, MA 01887  

Multi-Family
$599,900
Price
4
Units
2,316
Approx. GLA
Attention Investors! This is a legal TWO family presently with 4 units. Zoned Residential/Neighborhood business. Many opportunities for this 2316 sq ft building with a large shed for storage (currently renting for $200 monthly). Expansive parking in the rear.Two heating zones. Updates to include new heating system & oil tank. updated cabinets, Pergo flooring, newer appliances. Heat is central on the first-floor apts which includes heat and electricity. Upstairs apts , heat is included, tenants pay their own electric. Unit #110 is the only lease at $1150 till 12/21. This property is unique & conveniently located close to major highways, shopping, bus lines. Silver lake close by for swimming.Great for business opportunities or investment property. (Rents are below market due to long-term tenants). Coin-op washer/dryer. Please do your own due diligence.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Walk Out, Sump Pump
List Price: $599,900
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Active
Beds: 4
Baths: 4
Units: 4
Year Built: 1910
Approx. GLA: 2,316
MLS#: 72833776
 
Interior
Basement: Yes
Electricity Cost: $1,721
Flooring: Tile, Wood Laminate
Hot Water: Oil, Electric
Rooms: 12
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.15
Lot Size: 6,500.00
Lot Description: Paved Drive
Foundation: Fieldstone
Parking Spaces: 12
Parking Features: Off-Street, Paved Driveway
Road Type: Public
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Exterior Features: Storage Shed
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $392,900
Taxes: $5,200
Tax Year: 2021
Book/Page: 12200/62
Beach
Beach: Yes
Miles to Beach: 1/2 to 1 Mile
Beach Description: Lake/Pond
Beach Ownership: Public
Expenses
Expenses Source: Owner Provided
Gross Income: $55,200
Gross Expenses: $13,895
Total Rent: $4,600
Net Income: $44,547
Heat Cost: $2,416
Insurance Cost: $2,700
Water Cost: $708
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 2 1 0 1 1 0 No 0 $850
Unit 2 3 1 0 1 1 0 No 1 $1,200
Unit 3 3 1 0 2 1 0 Yes 1 $1,150
Unit 4 4 1 1 No $1,200
Units Extras
Unit 1
Rent Includes:  Heat, Electric, Hot Water  Applicances:  Range, Refrigerator  Heating:  Forced Air, Oil  Interior:  Studio 
Unit 2
Rent Includes:  Heat  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Forced Air, Oil  Interior:  Tile Floor  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Oil  Interior:  Other (See Remarks)  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Oil  Rooms:  Living Room, Kitchen, Office/Den 
Map
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The listing office is Christine E. Natale, Broker and the listing agent is Christine Natale. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 9/19/2021 4:05:00 PM.
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