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  • $401,750

    63 Chestnut St, Spencer, MA 01562

    9beds
    3,519sqft
    3 Family - 3 Units Up/Down
    Built in 1900
    -- sqft lot
    $434,400 Zestimate®
    $114/sqft
    $-- HOA

    What's special

    Seeking a new investment property to add or begin creating your portfolio? Need a garage that can fit 4 cars? This 3 family offers 3 bedrooms in each unit and little exterior maintenance, making it an excellent investment opportunity. All 3 units are rented providing consistent cash flow. Longterm tenants who pay on time. Rents are below market value so added income can be established. Located close to downtown and with plenty of off-street parking on improved driveway. Updated gas heating systems, all appliances in each unit include refrigerators, dishwashers, built in microwaves, ranges AND in unit washers & dryers. All flooring is either laminate or hardwood, newer roofs on both building and garage. Separate utilities, town water and sewer. **Vinyl Siding Being Installed on front and right side of garage before closing** #67 Chestnut Street is the abutting property and also available to purchase together with this building or separately. #67 is a 4-unit property.

    Zillow last checked: 7 hours ago

    Listing updated: January 10, 2024 at 12:01pm

    Listed by:

    Jeff Taylor,

    ERA Key Realty Services - Distinctive Group

    Bought with:

    Eric Franszen

    Cedar Wood Realty Group

    Source: MLS PIN,MLS#: 73172150

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Laundry: Washer Hookup
    Features
    • Flooring: Vinyl, Laminate
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,519
    • Total interior livable area: 3,519 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive, Shared Driveway, Off Street, Paved
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch, Deck
    • Waterfront features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
    • Frontage length: 90.00
    Lot
    • Size: 6,360 sqft
    • Features: Easements, Level
    Details
    • Parcel number: 1692835
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family - 3 Units Up/Down
    Materials
    • Frame
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, Sidewalks
    Location
    • Region: Spencer

    HOA & financial

    Other financial information
    • Total actual rent: 4400

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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