124 Main St

    Spencer, MA 01562
    • $249,900
    • STATUS: Active
    • MLS #: 72368810
    $249,900
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,600
      SQFT
    • $54
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1880
    County:
    Area:

    School Ratings & Info

    Listing courtesy of A And M Real Estate Consultants of Keller Williams Realty Greater Worcester.

    Description

    Prime downtown location. Full rented 6 unit mixed use building with 2 residential units, 2 commercial units and 2 rented storage units. Over 12% cap rate and 30K is Annual Net Income. Below market rents. Great cash flow with some long term tenants.

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    The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-08-17T23:49:23.57.
    www.refinderma.com/homes/85982395

    124 Main St Spencer, MA 01562

    • Price: $249,900
    • Status: Active
    • MLS #: 72368810
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    4,600
    SQFT
    $54
    $/SQFT
    1880
    Built
    Neighborhood:
    Other
    County:
    Worcester
    Area:
    Other
    Property Description
    Prime downtown location. Full rented 6 unit mixed use building with 2 residential units, 2 commercial units and 2 rented storage units. Over 12% cap rate and 30K is Annual Net Income. Below market rents. Great cash flow with some long term tenants.
    Exterior Features

    Construction Brick Location Downtown Parking Features Street Parking Spaces 2 Stories 2

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 1650.00 Restrooms 3 Rsf Building Sq Ft 1650.00 Total Building Sq Ft 4600.00 Waf Building Sq Ft 1300.00

    Property Features

    Assessed Value Building 145100.00 Assessed Value Land 42400.00 Assessed Value Total 187500.00 Commercial Industrial Type Commercial Disclosure Yes Disclosures Additional ApartmentTwo Storage SpacesAnd Another Commercial Unit Not Pictured. Exchange Yes Gross Annual Expense 6396.00 Gross Annual Income 36720.00 Lease No Lease Price Includes Building Lease Type Gross Lender Owned No Lot 00000 Mau Units 0 Net Operating Income 30324.00 Ofu Units 0 On File21 E No Reu Units 2 Rsu Units 2 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2018 Taxes 2516.00 Total Units 6 Utilities Public WaterPublic Sewer Wau Units 2 Year Built Source Pr Zone Description Legal Conforming Zoning Tc/Rs

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of A And M Real Estate Consultants of Keller Williams Realty Greater Worcester.


    The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-08-17T23:49:23.57.
     
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    Listing courtesy of A And M Real Estate Consultants of Keller Williams Realty Greater Worcester.