5.43% cap rate —- Core-plus multifamily asset with both on-site laundry and ample parking requires little capital expenditure and is a value-add investment opportunity with below market rents. First floor consists of one 1-bedroom unit and one 2-bedroom unit. There is also a small, private flex space with its own bath on the first floor. Second floor consists of one 1-bedroom unit and one 2-bedroom unit. Separate electric, heating and central cooling for each dwelling unit. Full basement with coin-operated laundry room. —- Please be advised that this property is a legal 3-family, but does contain 4 dwelling units. Property gutted to the studs and renovated 1999. 4 new heating systems (2022-2023), central cooling condensers & water heaters. Roof 2024. —- Tours provided to pre-qualified buyers by appointment.
- Heating System:
- Forced Air, Unit Control, Individual, Natural Gas
- Cooling System:
- Central Air, Unit Control, Individual
- Basement:
- Full, Bulkhead, Walk-out Access, Unfinished, Concrete
- Parking:
- Common, Off Street, Paved Drive
- Appliances:
- Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction:
- Frame
- Exterior Unit Features:
- Professional Landscaping
- Flooring:
- Laminate, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- See attached features and disclosures; hot tub negotiable; audio/video surveillance at the property., See attached building plans and floor plans.
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Kitchen, Living Room, Laundry Room
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Rent Fee Includes:
- Water, Electric, Gas, Unit 2(water), Unit 3(water), Unit 4(water), Hot Water), Unit 1(heat
- Area:
- North Woburn
- Market Time:
- 31
- Parking Spaces:
- 8
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $372
- Zoning:
- R-2
- No Units:
- 4
- Orig Price:
- $1,600,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Woburn
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01801
- Longitude:
- W72° 51' 32.2''
- Latitude:
- N42° 27' 37.7''
Residential Income
846 Main Street, Woburn, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,395,000
- Bedrooms :
- 6
- Rooms :
- 15
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 3,091 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.35 Acre
- Listing ID :
- 73448013
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
