Presenting this turnkey 6 unit income producing asset located in Charlton, MA just off of Route 20. The building features 4 - three bed/one bath units, 1 - two bed/one bath unit and 1 - one bed/one bath unit. The building has been well maintained and managed with 6 newly installed water heaters, 4 being tankless, furnace use was removed to avoid future expenses and new gutters installed. CapEx has been addressed. Both structure and units are in great condition. 40 Sturbridge Rd presents an extremely strong rent roll at purchase. Current NOI is nearly $70,000 with the ability for rental increases bringing proforma NOI to $96,000.
Sold
$800,000
40 Sturbridge Rd, Charlton, MA 01507
10beds
5,239sqft
5-9 Family
Built in 1880
-- sqft lot
$-- Zestimate®
$153/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 26, 2024 at 09:20am
Listed by:
Benjamin Carbone,
Byrnes Real Estate Group LLC
Bought with:
Benjamin Carbone
Byrnes Real Estate Group LLC
Source: MLS PIN,MLS#: 73203378
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Propane
Features
- Basement: Full,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 5,239
- Total interior livable area: 5,239 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off Street
Lot
- Size: 1.27 Acres
- Features: Level
Details
- Parcel number: M:0027 B:000C L:0000010,1478862
- Zoning: R40
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
Community & neighborhood
Location
- Region: Charlton
HOA & financial
Other financial information
- Total actual rent: 7518
Services availability

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