LAER Realty Partners

25 Pine Street, Westford, MA 01886

Forge Village

Multi-Family

$575,000
Price
$536,500
Sale Price

3
Units
3,356
Approx. GLA
This is a rare and unique opportunity to own a multi family in award winning Westford. Originally a four family, the current owner has meticulously converted the two first floor apartments into a 2 bedroom, 2 full bath owner's suite with a Sun Room and formal Dining Room. The kitchen and baths in the owner's suite on the first floor have been upgraded significantly. There's also a 2 car detached garage. Supporting your monthly mortgage payment are two 1 bedroom upper level apartments, currently rented as Tenants at Will with private entry, separate utilities, decks and appliances. The monthly income from both "below market rents" is $1,690. or $20,280./ year. (The 2 bedroom owner's suite would easily rent for $1,500./month). The two current rentals will significantly offset the owner's debt service should the owner decide to occupy the first floor.. Apartments can be shown with appropriate notice if there's continued interest after seeing the first floor, etc.
Highlights
Terms: Contract for Deed
Sale Price: $536,500
Settled Date: 11/30/2016 12:00:00 AM
Area/Village: Forge Village
Basement Features: Full, Interior Access
List Price: $575,000
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Sold
Beds: 4
Baths: 4
Units: 3
Year Built: 1790
Approx. GLA: 3,356
MLS#: 71872595
Interior
Basement: Yes
Heating Units: 3
Heating Zones: 3
Flooring: Wood, Tile, Wall to Wall Carpet
Fireplaces: 2
Rooms: 13
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 1.06
Lot Size: 46,174.00
Lot Description: Corner, Wooded
Foundation: Fieldstone
Garage Spaces: 2
Parking Spaces: 4
Parking Features: Off-Street
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior Features: Deck - Composite, Deck
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Title 5: Not Done
Lender Owned: No
APOD Available: No
Assessed Price: $504,400
Taxes: $8,419
Tax Year: 2016
Book/Page: 19953/120
Warranty Available: No
School
Grade School: Westford
Middle School: Westford
High School: Westford
Beach
Beach: No
Expenses
Gross Income: $20,280
Total Rent: $1,690
Net Income: $20,280
Additional
Disclosure Declaration: Yes
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 2 2 1 2 0 No 1
Unit 2 3 1 0 2 1 0 No 1 $795
Unit 3 3 1 0 2 1 0 No 2 $895
Units Extras
Unit 1
Cooling:  None  Applicances:  Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Dining Room, Kitchen, Office/Den, Sunroom 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Common
Rooms:  Mudroom 
Map
The listing office is LAER Realty Partners and the listing agent is St. Martin Team. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/23/2017 7:35:00 AM.