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SOLD 5/16/2016

166 Central, Leominster, MA 01453$281,000

10
beds
10
baths
5042
ft2
· 6821
ft2 lot
$56 / ft2

Listing provided courtesy of Listing Broker: Linda Largey, Century 21 North Shore/Storrs & DeNault
Source MLS PIN;
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All units in excellent condition, long term tenants, tenants pay own heat and electric, each unit fully applianced including washer/dryer. Rents considerably below market rents. Main roof stripped and replaced / 8 years, rubber roofs 3 years. Many, many upgrades to apartments. All TAW, all tenants have off-street parking. This being a 5 unit multi-family requires commercial financing 30% minimum down.

HOA

$—/month

On market

3 days

Year built

1900

Property type

5+ Family 5+ Units Up/Down

Parking

5

MLS

71968259

Price / Sq.Ft.

$56 / ft2

Status

Sold

Home details for 166 Central

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Living Room, Kitchen, Living Room, Dining Room, Living Room, Kitchen
•   
Total Levels: 3, 9, 4
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 2, 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 5
•   
Total Rooms Unit 3: 5
•   
Total Rooms Unit 4: 5
•   
Total Rooms: 23, 15, 23
Interior Features
•   
Electric Details: Circuit Breakers
•   
Utility Description: Water, Water, Water, Water
•   
Energy Details: Insulated Windows
•   
Interior Features: Other (See Remarks)
Appliances
•   
Hot Water: Other (See Remarks)
•   
Unit 4 Appliances: Range, Refrigerator, Washer, Dryer
•   
Unit 3 Appliances: Range, Refrigerator, Washer, Dryer
•   
Unit 2 Appliances: Range, Refrigerator, Washer, Dryer
•   
Unit 1 Appliances: Range, Refrigerator, Washer, Dryer
Heating & Cooling
•   
Heating Description Unit 1: Oil
Flooring
•   
Unit 4 Floor Level: 2
•   
Flooring: Wood, Vinyl, Laminate
Bedrooms Info
•   
Total Beds: 10
•   
Unit 4 Beds: 2
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 10, 10
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 5
Exterior Features
•   
Color: beige
Property Type
•   
Property Type: 5+ Family - 5+ Units Up/Down
•   
Mls Prop Type: 5+ Family - 5+ Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping
Lot Info
•   
Zoning: res
•   
Lot Description: Paved Drive
•   
Acres: 0.16
Building Info
•   
Foundation Size: irregular
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: all five units occupied
•   
Foundation: Fieldstone, Granite, Irregular
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Approximate
•   
Water/Sewer Built: 2400
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Partial, Concrete Floor
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Utilities
•   
Utilities: Varies per Unit
•   
Electric: 500
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 3496
•   
Fin Code: Conv. Fixed
•   
Finances Source: Estimated
Listing Info
•   
Offline Listing Number: 2241045
•   
Status: Sold
Lease Info
•   
Gross Revenue: 8096
•   
Gross Income: 40800
•   
Net Operating Income: 40800
•   
Monthly Rent Unit 1: 700
•   
Monthly Rent Unit 2: 700
•   
Mgf: 1200
•   
Monthly Rent Unit 3: 700
•   
Monthly Rent Unit 4: 700
•   
Rfs: 500
Tax/Assessment Info
•   
Tax Year: 2016
•   
Assessed Value: 240500.00
•   
Taxes: 4543.00
Listing Contacts
•   
Selling Agent: H0381397
Terms
•   
Terms Feature: Contract for Deed
School Neighborhood & Directions
Location
•   
Street Number: 166
•   
Map Book: 5997
•   
Map Page: 134
•   
Directions: Central St.
•   
Road Type: Public
Other
Other
•   
Main So: C64900
Calculation
•   
Price Per Sqft: 55.73
•   
List Price Per Sqft: 63.27
•   
Sold Price Per Sqft: 55.73
•   
Cdom Property: 3
•   
Cdom Broker: 3
•   
Cdom: 3

Neighborhood snapshot

53
Properties for sale
17
Median days on market
$213.31
Median sold price/sqft
105.24%
Sold/List %
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Property History for 166 Central

05/17/2016
05/17/2016
MLS PIN #71968259
sold
MLS PIN #71968259
$281,000

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