10-32 Overlook St, Northbridge, MA 01588

$2,800,000
48
BD
12
BA
16,038
SqFt

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List Price
$2,800,000
Status
NEW
MLS#
73576600
Year Built
1914
Levels
15
Bedrooms
48
Bathrooms
12
Acres
0.88
Living Area
16,038

Property Description

10-32 Overlook St contains twelve (12) 4-Bedroom/1-Bathroom direct-entry townhomes, six (6) at each building, with a total of 16,038 square feet of gross living area and 24,600 square feet of gross area. The Properties are situated on a combined 0.88-acres of land and offer ample off-street parking with twenty (20) plus spaces available via a paved lot directly behind the buildings. The Properties offer serious upside potential with in-place rents significantly below current market rates for comparable units in the area, offering the buyer the potential to raise rents through slight upgrades to unit interiors. Additionally, the cash flow for the Properties benefits from separately metered utilities except for municipal water and sewer. There is no common area electric expense as there are 12 separate basements and no common areas. All 12 units units have lead certificates.

Additional Information

Taxes
$25,553
Lot Desc
Other
Lot Size
38,332
Heating
Natural Gas
Sewer
Public Sewer
Water Source
Public
Parking Spaces
20

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ethan Lazar from Listing Office: Horvath & Tremblay.

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