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Framingham MA Listings
Framingham, MA - $742,400
13 Baiting Brook - Condo - Townhouse - Rooms:5 - Beds:2 - Baths:2/1
Framingham, MA - $2,205
13 Temple Street - Rentals - - Rooms:4 - Beds:2 - Baths:1
Framingham, MA - $2,565
1450 Worcester Road - Rentals - - Rooms:4 - Beds:2 - Baths:2
Framingham, MA - $2,400
945 Worcester Road - Commercial - Year Built:1917 - Acres:0.04
Framingham, MA - $499,900
103 Guild Road - Land - Acres:11.13

Natick Ma Listings
Natick, MA - $6,500
2 Manchester Place - Rentals - - Rooms:9 - Beds:4 - Baths:2/1
Natick, MA - $1,589,000
31 Pleasant St South - Single-Family - Colonial - Rooms:13 - Beds:5 - Baths:4/1
Natick, MA - $674,900
20 SOUTH AVENUE - Condo - Garden - Rooms:7 - Beds:2 - Baths:2
Natick, MA - $1,299,900
16 Fairview Ave - Single-Family - Colonial, Contemporary - Rooms:11 - Beds:4 - Baths:2/1
Natick, MA - $3,500
1 Clifton Road - Rentals - - Rooms:7 - Beds:3 - Baths:2

Ashland MA Listings
Ashland, MA - $429,000
40 Cedar St - Single-Family - Ranch - Rooms:7 - Beds:3 - Baths:1
Ashland, MA - $369,000
135 Olive Street - Single-Family - Ranch - Rooms:6 - Beds:3 - Baths:2
Ashland, MA - $839,000
332 Main St - Multi-Family - Units:5 - Levels:3 - Parking Spaces:10
Ashland, MA - $15,000
158 Pond st - Business Opportunity - - Rooms: - Beds: - Baths:
Ashland, MA - $329,900
282 Trailside Way - Condo - Townhouse - Rooms:4 - Beds:2 - Baths:2

MLSPropertyFinder.com

332 Main St, Ashland, MA 01721

Multi-Family

$839,000
Price

5
Units
4,245
Approx. GLA
Beautifully maintained, 5 family investment property located within a short walk to downtown Ashland and just 1 mile from the commuter rail station. This property generates $80K income per year, and yields an impressive 6.4% CAP rate. There are 2 buildings on the property. The main house in the front has 4 units (1 x 3BR, 2 x 2BR, 1 x 1BR) and a very cute carriage house in the rear creates the 5th unit (1BR). All units are fully rented and occupancy rate has averaged 97-98% every year. All the heavy lifting is done with $140K of capital improvements in the last 5 years. 2016 - high efficiency Viessman boiler with 5 zones and densepack insulation. 2017 - vinyl siding and new gutters. 2018 - new asphalt driveway with 10 space parking lot. 2019 - new asphalt roof. All units are well maintained, some with original hardwood floors, some with carpet. Coin op laundry in basement for additional income.
Open House
No scheduled Open Houses
Highlights
Terms: Lender Approval Required
Basement Features: Full, Walk Out, Concrete Floor
List Price: $839,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Contingent
Beds: 9
Baths: 5
Units: 5
Year Built: 1863
Year Round: Yes
Approx. GLA: 4,245
MLS#: 72721292
 
 
Interior
Basement: Yes
Electricity Cost: $3,300
Electric Features: 110 Volts, 220 Volts, Circuit Breakers, 200 Amps
Heating Units: 2
Heating Zones: 6
Flooring: Vinyl, Wall to Wall Carpet, Hardwood
Energy: Insulated Windows, Insulated Doors, Storm Doors, Varies per Unit
Fireplaces: 1
Rooms: 25
Lead Paint: Unknown
Total Floors: 3
UFFI: No
Exterior
Water: No
Facing: West
Acres: 0.30
Lot Size: 13,068.00
Lot Description: Paved Drive
Foundation: Concrete Block, Fieldstone
Parking Spaces: 10
Parking Features: Off-Street, Assigned, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Grey
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Exterior Features: Garden Area, Gutters, Professional Landscaping, Screens
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $466,900
Taxes: $7,545
Tax Year: 2020
Book/Page: 30590/40
Warranty Available: No
School
Grade School: Elementary
Middle School: Ashland Middle
High School: Ashland High
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $80,040
Gross Expenses: $24,300
Total Rent: $6,670
Net Income: $55,740
Gas Cost: $2,900
Insurance Cost: $2,790
Refuse Cost: $1,344
R&M Cost: $2,330
Water Cost: $4,080
 
 
Additional
Amenities: Public Transportation, Park, Laundromat, House of Worship, Public School, T-Station
Disclosure Declaration: Yes
Disclosure: Seller is listing agent. Interior photos taken when units were vacant. Apartments are 100% rented today. Showings start on Sept 12th.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 3 1 2 1 0 Yes 2 $1,600
Unit 2 5 2 0 1 1 0 Yes 1 $1,300
Unit 3 5 2 0 1 1 0 Yes 1 $1,150
Unit 4 4 1 1 1 1 0 Yes 1 $1,250
Units Extras
Unit 1
Rent Includes:  Heat, Electric, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator, Vent Hood  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen, Office/Den 
Unit 2
Rent Includes:  Heat, Electric, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Electric, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Electric, Hot Water  Cooling:  None  Applicances:  Wall Oven, Countertop Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Bathroom with Shower Stall, Hardwood Floors, Fireplace - Wood burning  Rooms:  Living Room, Kitchen 
The listing office is WestHill Properties and the listing agent is Kevin Clue. 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 12/18/2018 2:44:00 PM.
 
Mary Beth Taylor
Mary Beth Taylor
ERA Key Realty Services


ERA Key Realty Services   Mary Beth Taylor
ERA Key Realty Services
1661 Worcester Rd • Framingham, MA 01701 Map it
Cell: 508-733-4383 • Vm/Pager: 508-372-6218 
Fax: 508-820-0039 
marybethtaylor@erakey.com

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