LOOKING FOR INVESTMENT? Opportunity Knocks! WHAT A LOCATION!!! OFFERING MUCH OFF STREET PARKING! TOTAL 4 UNITS! 2 Commercial rental units: a 3 room "office" suite & "food window" service on the 1st floor. 2 Residential apt units on the2nd floor. All long term tenants. 1st flr is office has a lease agreement to 6-31-26 and includes heat, hot water & electric. The food service window has metered electric, 3 bowl skullery system 2018, picnic tables to remain and currently not occupied. Both units on the 2nf flr are TAW's, separate utilities, legal egresses. 2 Stoves, 2 refrigerators, all picnic tables & skullery sink unit are landlord owned and will remain with building. A common half bath on the 1st floor has a tenant shared coin-op laundry. Low maintenance vinyl siding. Water/Sewer. Roof done in 2016. Secured building. Close to shopping, banks, resturants, schools, Felton Field & more! Conveniently commuter friendly!
This listing has been viewed 28 times in the past 86 days
Last Updated: December 3rd, 2024 at 5:19am
Highway Access
Public School
Shopping
Park
Medical Facility
Laundromat
Tennis Court(s)
General Information for 531 Summer St, Barre, Massachusetts 01005
Property TypeResidential Income
Property Sub TypeMulti Family
Price$399,900
Price per sqft$170.39
MLS #73292819
Handicap Access / FeaturesNo
List Date2024-09-18
Special Listing Conditions
StateMassachusetts
Street NameSummer St
CityBarre
Zip Code01005
CountyWorcester
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones2
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2347
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress531 Summer St, Barre MA 01005
Zoning
Interior Features for 531 Summer St, Barre, Massachusetts 01005
* Approx. Living Area Total2,347 sq ft
Living Area Includes BasementNo
Bedrooms2
* # Fireplaces0
Bathrooms (Total)1
Full Baths1
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
0
Electric
Living Area DisclosureIncludes 1st floor office & food service windo
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_11
MLSPIN_BEDRMS_21
MLSPIN_BEDRMS_30
MLSPIN_BEDRMS_40
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_40
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 1
MLSPIN_H_BTHS_41
OffMarketDate02/12/2024
Exterior Features for 531 Summer St, Barre, Massachusetts 01005
* Approximate Lot Size0.36 acres
Covered Parking Spaces0
Lot Features
* Parking Spaces15
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area1080
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)15,800 Sqft
Disclosures for 531 Summer St, Barre, Massachusetts 01005
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area DisclosureIncludes 1st floor office & food service windo
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 531 Summer St, Barre, Massachusetts 01005
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$40,200
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT1800
MLSPIN_RENT2950
MLSPIN_RENT31200
MLSPIN_RENT4400
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$40,200
OperatingExpense$0
OriginalListPrice$399,900
RENT_FEE_INCLUDES
TOTAL_RENT3350
WaterSewerExpense$0
Lifestyle Information for 531 Summer St, Barre, Massachusetts 01005
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 531 Summer St, Barre, Massachusetts 01005
Elementary SchoolRuggles Lane
Middle SchoolQuabbin 6-8
High SchoolQuabbin 9-12
NumberOfUnitsTotal2
Marketing History for 531 Summer St, Barre, Massachusetts 01005
MLSPIN_MARKET_TIME_BROKER75
MLSPIN_MARKET_TIME_PROPERTY75
PurchaseContractDate
Agent Information for 531 Summer St, Barre, Massachusetts 01005