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PENDING

484 Lake St, Shrewsbury, MA 01545$649,000

5
beds
5
baths
3000
ft2
· 22651
ft2 lot
$216 / ft2

Listing provided courtesy of Andrea Castinetti, Castinetti Realty Group
Source MLS PIN;
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**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.

HOA

$—/month

On market

3 months

Year built

1876

Property type

2 Family

Parking

8

MLS

72905237

Price / Sq.Ft.

$216 / ft2

Status

Under Agreement

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Home details for 484 Lake St

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Other (See Remarks)
•   
Total Levels: 2, 4, 8
•   
Total Levels Unit 1: 1, 3
•   
Total Levels Unit 2: 2, 3
•   
Total Levels Unit 3: 1, 2
•   
Total Rooms Unit 1: 7
•   
Total Rooms Unit 2: 6
•   
Total Rooms Unit 3: 4
•   
Total Rooms: 17, 13, 17
Interior Features
•   
Electric Details: Circuit Breakers
Fireplace Info
•   
Fireplace 1: 1
•   
Fireplace 2: 1
•   
Total Fireplaces: 2, 2
Appliances
•   
Hot Water: Electric
Heating & Cooling
•   
Heating Description Unit 1: Electric
•   
Heating Description Unit2: Electric
Bedrooms Info
•   
Total Beds: 5
•   
Unit 2 Beds: 3
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 5, 5
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 2
•   
Unit 1 Full Baths: 3
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 3
Exterior Features
•   
Color: White
•   
Building Exterior Details: Vinyl, Porch
Property Type
•   
Property Type: 2 Family
•   
Mls Prop Type: 2 Family
•   
Mls Property Type: Multi-family
Parking Info
•   
Garage Spaces: 2
•   
Parking Descriptions: Off-Street
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School
Lot Info
•   
Zoning: RB1
•   
Year Round
•   
Lot Description: Paved Drive
•   
Acres: 0.52
Building Info
•   
Sqft Source: Owner
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Actual
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Partially Finished
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3324753
•   
Oh Flag: 1
•   
Status: Under Agreement
Lease Info
•   
Gross Income: 45600
•   
Net Operating Income: 45600
•   
Monthly Rent Unit 1: 1800
•   
Monthly Rent Unit 2: 2000
•   
Monthly Rent Unit 3: 1000
•   
Total Rent: 4800
Terms
•   
Exclusions: Hockey Rink and all personal equipment belongings.
•   
Terms Feature: Contract for Deed
Listing Details
•   
Disclosures: Third Unit is a Warehouse space being used as hockey shooting rink
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 463800.00
•   
Taxes: 6117.52
Listing Contacts
•   
Selling Agent: K7000063
School Neighborhood & Directions
Location
•   
Street Number: 484
•   
Map Book: 57879
•   
Map Page: 67
•   
Directions: GPS
•   
Road Type: Public, Paved, Publicly Maint.
Other
Calculation
•   
Price Per Sqft: 216.33
•   
List Price Per Sqft: 216.33
•   
Cdom Property: 25
•   
Cdom Broker: 25
•   
Cdom: 25

Neighborhood snapshot

19
Properties for sale
18
Median days on market
$276.91
Median sold price/sqft
102.72%
Sold/List %
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Property History for 484 Lake St

11/30/2021
11/30/2021
MLS PIN #72905237
pending
MLS PIN #72905237
$649,000
10/24/2021
10/24/2021
MLS PIN #72905237
pending
MLS PIN #72905237
$649,000
10/06/2021
10/06/2021
MLS PIN #72905237
active
MLS PIN #72905237
$649,000

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