Donna Testa - CENTURY 21 Commonwealth

243 Central, Milford, MA 01757

Multi-Family

$389,000
Price
$390,000
Sale Price

4
Units
5,370
Approx. GLA
Great investment opportunity with this 4 family home close to downtown. All separate utilities paid by tenants with plenty of off street parking and good rental income. Improvements include 2 new furnaces, 2 new water heaters, new electrical upgrades, kitchen upgrades, new sliders and lots of fresh paint. Take advantage of these major improvements done by the current owner and create your own positive cash flow.
Highlights
Sale Price: $390,000
Settled Date: 10/11/2016 12:00:00 AM
Basement Features: Full, Bulkhead, Concrete Floor
List Price: $389,000
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Sold
Beds: 7
Baths: 4
Units: 4
Year Built: 1870
Year Round: Yes
Approx. GLA: 5,370
MLS#: 72042889
 
Interior
Basement: Yes
Electric Features: Circuit Breakers, 200 Amps, Individually Metered
Heating Units: 4
Heating Zones: 4
Flooring: Vinyl, Hardwood
Hot Water: Natural Gas
Rooms: 15
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.17
Lot Size: 7,606.00
Lot Description: Corner, Paved Drive
Foundation: Fieldstone
Foundation Size: 999
Parking Spaces: 8
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Color: Tan
Construction: Frame
Roof Material: Rubber
Exterior: Vinyl
Exterior Features: Gutters, Screens
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $296,900
Taxes: $5,100
Tax Year: 2016
Book/Page: 51699/139
Beach
Beach: No
Expenses
Expenses Source: Other (See Remarks)
Gross Income: $43,500
Gross Expenses: $6,394
Total Rent: $3,625
Net Income: $37,106
Insurance Cost: $2,575
R&M Cost: $2,000
Water Cost: $1,819
 
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Disclosure Declaration: No
Disclosure: The heating systems in one of the apartments is a self contained Parlor system which does not require a furnace.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 1 0 1 1 0 No 1 $900
Unit 2 4 2 0 1 1 0 No 1 $900
Unit 3 4 2 0 2 1 0 1 $950
Unit 4 4 2 0 2 1 0 No 1 $875
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Heating:  Steam, Gas  Interior:  Ceiling Fans, Cable TV Available  Rooms:  Living Room, Kitchen, Family Room, Laundry, Sunroom 
Unit 2
Rent Includes:  Water  Cooling:  None  Heating:  Space Heater, Gas  Interior:  Ceiling Fans, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  None  Heating:  Gas  Interior:  Ceiling Fans, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Cooling:  None  Heating:  Space Heater, Gas  Interior:  Ceiling Fans, Cable TV Available  Rooms:  Living Room, Kitchen 
Map
Similar Properties
The listing office is Century 21 Commonwealth and the listing agent is Louis Julian. 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 7/20/2017 10:35:00 PM.
 
Donna Testa
Donna Testa
Realtor
CENTURY 21 Commonwealth