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484 Lake St

Shrewsbury, MA 01545
  • $649,000
  • STATUS: Active
  • MLS #: 72905237
UPDATED: 54 min ago
$649,000
  • 5
    BEDS
  • 0.52
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $216
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1876
County:
Area:

School Ratings & Info

Listing courtesy of Andrea Castinetti of Castinetti Realty Group.

Description

**Buyers could not secure financing**Rare opportunity to buy a multifamily property in Shrewsbury. This 2 family building situated in a prime location off South Quinsigamond Ave is an investor or contractor's income dream. Not only does it include 2 units of living space but also an enormous 50 x 28 warehouse with 14 foot door and office which could be used to store all your equipment or also rented and added to the cashflow. Both units are now vacant, Warehouse used by owner. Warehouse contents will be removed prior to closing.

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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 2021-11-28T09:07:29.93.
www.parrottrealtygroup.com/homes/122157506
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484 Lake St Shrewsbury, MA 01545

  • Price: $649,000
  • Status: Active
  • On Site: Days
  • Updated: 54 min ago
  • MLS #: 72905237
5
Beds
5
Baths
0
½ Baths
0.52
Acres
3,000
SQFT
$216
$/SQFT
1876
Built
Neighborhood:
Other
County:
Worcester
Area:
Other
Property Description
**Buyers could not secure financing**Rare opportunity to buy a multifamily property in Shrewsbury. This 2 family building situated in a prime location off South Quinsigamond Ave is an investor or contractor's income dream. Not only does it include 2 units of living space but also an enormous 50 x 28 warehouse with 14 foot door and office which could be used to store all your equipment or also rented and added to the cashflow. Both units are now vacant, Warehouse used by owner. Warehouse contents will be removed prior to closing.
Exterior Features

Beachfront No Color White Construction Frame Exterior Vinyl Exterior Features Porch Foundation Fieldstone Lot Description Paved Drive Parking Features Off-Street Parking Spaces 8 Road Type PublicPavedPublicly Maint. Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features Partially Finished Bedrooms Unit1 2 Bedrooms Unit2 3 Bedrooms Unit3 0 Fireplaces 2 Fireplaces Unit1 1 Fireplaces Unit2 1 Fireplaces Unit3 0 Floors Unit1 1 Floors Unit2 2 Floors Unit3 1 Full Baths Unit1 3 Full Baths Unit2 2 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heating Unit1 Electric Heating Unit2 Electric Hot Water Electric Levels 2 Levels Unit1 3 Levels Unit2 3 Levels Unit3 2 Rooms 17 Rooms Description Unit3 Other (See Remarks) Rooms Unit1 7 Rooms Unit2 6 Rooms Unit3 4

Property Features

Adult Community No Amenities Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityBike PathConservation AreaHighway AccessPrivate SchoolPublic School Apod Available No Assessments 463800.00 Disclosure No Disclosures Third Unit is A Warehouse Space Being Used As Hockey Shooting Rink Electric Features Circuit Breakers Exclusions Hockey Rink And All Personal Equipment Belongings. Gross Operating Income 45600 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Multifamily Type 2 Family Net Operating Income 45600 Rent Unit1 1800 Rent Unit2 2000 Rent Unit3 1000 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Owner Tax Year 2021 Taxes 6117.52 Terms Contract For Deed UFFI No Warranty No Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning Rb1

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Andrea Castinetti of Castinetti Realty Group.


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 2021-11-28T09:07:29.93.
 
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Listing courtesy of Andrea Castinetti of Castinetti Realty Group.