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SOLD 11/18/2015

186 Fourth Street, Leominster, MA 01453$640,000

24
beds
12
baths
12022
ft2
· 11018
ft2 lot
$53 / ft2

Listing provided courtesy of Listing Broker: Team Wight, Foster-Healey Real Estate
Source MLS PIN;
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INVESTMENT OPPORTUNITY - 12, two bedroom, one bath units on three floors. All units are equipped with gas stoves, refrigerators and gas heating units. Building is lead certified and comes with a multi camera security system covering the common areas in the building and the parking areas. Each unit has a separate hot water heater, gas meter and electric meter. All units are occupied, many with long term residents. Conveniently located near downtown Leominster, Rt 2 and I-190. Cap rate 12.3%. Verification of funds or loan pre-approval required prior to scheduling showings Showing will be on Fridays at 11AM. 24 Hr. prior notice is requested.

HOA

$—/month

On market

10 days

Year built

1920

Property type

5 9 Family

Parking

12

MLS

71898852

Price / Sq.Ft.

$53 / ft2

Status

Sold

Home details for 186 Fourth Street

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen
•   
Total Levels: 3, 6, 5
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 1, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 4
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 4
•   
Total Rooms: 20, 48, 20
Interior Features
•   
Electric Details: 110 Volts, 220 Volts, Circuit Breakers, 60 Amps/Less, Individually Metered
•   
Utility Description: Water, Water, Water, Water
•   
Energy Details: Insulated Windows
•   
Interior Features: Security System, Cable TV Available, Lead Certification Available, Storage, Bathroom With Tub & Shower, Security System, Cable TV Available, Lead Certification Available, Storage, Bathroom With Tub & Shower, Security System, Cable TV Available, Lead Certification Available, Storage, Bathroom With Tub & Shower, Security System, Cable TV Available, Lead Certification Available, Storage, Bathroom With Tub & Shower
Heating & Cooling
•   
Heating Description Unit4: Gas
•   
Heating Units: 1
•   
Heating Description Unit 1: Gas
•   
Heating Zones: 12
•   
Heating Description Unit2: Gas
•   
Heating Description Unit3: Gas
Appliances
•   
Hot Water: Natural Gas, Tank
•   
Unit 4 Appliances: Range, Refrigerator
•   
Unit 3 Appliances: Range, Refrigerator
•   
Unit 2 Appliances: Range, Refrigerator
•   
Unit 1 Appliances: Range, Refrigerator
Flooring
•   
Unit 4 Floor Level: 1
•   
Flooring: Vinyl, Wood Laminate
Bedrooms Info
•   
Total Beds: 24
•   
Unit 4 Beds: 2
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 12, 12
•   
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: 12
Exterior Features
•   
Color: Beige
•   
Building Exterior Details: Aluminum, Porch - Enclosed
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Swimming Pool, Golf Course, Laundromat, Highway Access, House of Worship, Public School
Lot Info
•   
Zoning: RC
•   
Year Round
•   
Lot Description: Paved Drive, Easements, Level
•   
Frontage: 80.00
•   
Lot Number: 0000
•   
Acres: 0.25
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone, Slab, Irregular
•   
Roof: Other (See Remarks)
•   
Year Built Description: Actual, Renovated Since
•   
Water/Sewer Built: 3323
•   
Lead Paint: Certified Treated
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
Parking Info
•   
Parking Descriptions: Off-Street, Paved Driveway
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 3323, City/Town Sewer
Utilities
•   
Utilities: for Gas Range, for Gas Oven
•   
Electric: 1400
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 7000
•   
Fin Code: Other
•   
Finances Source: Owner Provided
•   
Apod Available
•   
Operating Expense: 12/14
Listing Info
•   
Offline Listing Number: 2162399
•   
Status: Sold
Lease Info
•   
Gross Revenue: 29432
•   
Gross Income: 109440
•   
Net Operating Income: 80008
•   
Rme: 3000
•   
Monthly Rent Unit 1: 760
•   
Monthly Rent Unit 2: 760
•   
Monthly Rent Unit 3: 760
•   
Monthly Rent Unit 4: 760
•   
Total Rent: 760
•   
Rfs: 3000
Tax/Assessment Info
•   
Tax Year: 2015
•   
Certificate Number: 07/08/2015
•   
Assessed Value: 390200.00
•   
Taxes: 7585.00
•   
Apn: M:0044 B:0001 L:0000
Listing Contacts
•   
Selling Agent: TM311879
School Neighborhood & Directions
Location
•   
Street Number: 186-188
•   
Map Book: 2729
•   
Block: 0001
•   
Map Page: 332
•   
Directions: From downtown Main St. Leominster to Mechanic St. to Fourth St.
•   
Road Type: Public, Paved, Publicly Maint., Sidewalk
•   
Map: 0044
•   
Zip Code +4: 6019
School Info
•   
Elementary School: Francis Drake
•   
High School: Leominster
•   
Middle School: Skyview
Other
Other
•   
Main So: AC1949
Calculation
•   
Price Per Sqft: 53.24
•   
List Price Per Sqft: 53.72
•   
Sold Price Per Sqft: 53.24
•   
Cdom Property: 10
•   
Cdom Broker: 10
•   
Cdom: 10

Neighborhood snapshot

54
Properties for sale
17
Median days on market
$213.11
Median sold price/sqft
105.24%
Sold/List %
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Property History for 186 Fourth Street

11/18/2015
11/18/2015
MLS PIN #71898852
sold
MLS PIN #71898852
$640,000

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