Tina Bilazarian
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13 Linden Street, Spencer, MA 01562

Multi-Family

$525,000
Price

6
Units
5,859
Approx. GLA
Fantastic opportunity for either investor or owner occupant ~ collect rents and pay your mortgage. ** Current rents are BELOW average market** This six-family is located right off route 9, walking distance to Shopping Strip Mall, restaurants and parks. Plenty of off-street parking along with a FIVE car garage. The sixth apartment is a studio, unit #3, and has electric heat, rent is currently $500. One apartment (#5) is empty and currently being renovated. The others are currently TAW. Loads of closet and storage space, some built-ins, vinyl sided and replacement windows. Minutes to Route 31, St. Joseph's Abbey. Most units have washer/dryer hookups. Storage over the garage with walk-up attic. Six gas meters, water heaters and electric panels. Please be aware, anything over a 4 unit requires a commercial loan
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Bulkhead, Dirt Floor, Concrete Floor, Exterior Access
List Price: $525,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 9
Baths: 6
Units: 6
Year Built: 1890
Year Round: Yes
Approx. GLA: 5,859
MLS#: 72787913
Interior
Basement: Yes
Electric Features: Circuit Breakers
Heating Units: 6
Heating Zones: 6
Flooring: Wall to Wall Carpet, Laminate
Energy: Insulated Windows
Rooms: 20
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.35
Lot Size: 15,136.00
Lot Description: Paved Drive
Foundation: Fieldstone, Brick, Irregular
Foundation Size: Irreg
Garage Spaces: 5
Parking Spaces: 9
Parking Features: Off-Street, Available for Purchase, Improved Driveway, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: White
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Exterior Features: Porch - Enclosed, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $306,600
Taxes: $4,329
Tax Year: 2020
Book/Page: 52485/103
Warranty Available: No
Beach
Beach: Yes
Miles to Beach: 1/2 to 1 Mile
Beach Description: Lake/Pond, Access, Walk to
Beach Ownership: Public
Expenses
Gross Income: $48,960
Gross Expenses: $8,580
Total Rent: $4,410
Net Income: $40,380
Insurance Cost: $4,100
Refuse Cost: $1,080
Sewer Cost: $3,400
 
 
Additional
Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Public School
Exclusions: All personal property
Disclosure Declaration: No
Disclosure: All info from sources deemed reliable although no warranty is made to the accuracy thereof. Must adhere to MA Covid guidelines,
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 1 0 1 1 0 No 1 $750
Unit 2 3 1 0 1 1 0 No 1 $630
Unit 3 5 3 0 3 1 0 No 1 $1,200
Unit 4 3 1 0 2 1 0 No 1 $650
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Washer Hookup, Dryer Hookup, Range, Refrigerator  Heating:  Floor Furnace, Electric  Rooms:  Living Room, Kitchen, Mudroom, Office/Den 
Unit 2
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Floor Furnace  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Applicances:  Washer Hookup, Dryer Hookup, Range, Refrigerator  Heating:  Floor Furnace  Interior:  Cable TV Available, Storage  Rooms:  Living Room, Kitchen, Office/Den 
Unit 4
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Floor Furnace  Rooms:  Living Room, Kitchen 
The listing office is RE/MAX Vision and the listing agent is Mary Stolarczyk. 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 12/18/2018 2:44:00 PM.
 
Office
Office
Realtor
Tina Bilazarian, Realtor