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Sold for $800,000 on 04/26/24
  • $800,000

    40 Sturbridge Rd, Charlton, MA 01507

    10beds
    5,239sqft
    5-9 Family
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $153/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: April 26, 2024 at 09:20am

    Listed by:

    Benjamin Carbone 860-382-6184,

    Byrnes Real Estate Group LLC 833-429-7637

    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
    • Uncovered spaces: 10
    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

    Price history

    DateEventPrice
    4/26/2024Sold$800,000-1.8%$153/sqft
    Source: MLS PIN #73203378
    2/21/2024Listed for sale$815,000$156/sqft
    Source: MLS PIN #73203378

    Public tax history

    Tax history is unavailable.

    Neighborhood: 01507

    Nearby schools

    GreatSchools rating
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