The Balestracci Group | Sutton Real Estate, Oxford Real Estate, Worcester Real Estate

2 Oak Street, Grafton, MA 01519  

Multi-Family
$650,000
Price
6
Units
4,776
Approx. GLA
Become a caretaker of history with this Antique 6-Family building located in the Historic District of Grafton Common Area. Originally built in 1806 the building was Historically Restored in 1985 from top to bottom with a 20% tax credit from the National Trust for Historic Preservation. The building is Owner occupied and fully leased but it's time to pass the baton. Six one bedroom/one bath units are all separately metered for electricity & water with individual hot water heaters, so may be ready to condo if that is what a buyer wishes to do. Heat is electric baseboard so no boilers/furnaces to maintain. Seller owns all the appliances. Separate electric meter for common areas inside and out. Full, walk-out basement, huge attic, and a 2nd floor Solarium common area. Rubber roof with sides and front slate, rear asphalt. Driveway is paved and mail is delivered to a common box at the driveway. Side yard for picnic tables. Neighborhood Business zone allows some business uses with permits
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed, Other (See Remarks)
Basement Features: Walk Out, Interior Access, Unfinished Basement
List Price: $650,000
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Active
Beds: 6
Baths: 6
Units: 6
Year Built: 1806
Year Round: Yes
Approx. GLA: 4,776
MLS#: 72510540
 
 
Interior
Basement: Yes
Heating Zones: 18
Flooring: Hardwood
Energy: Storm Windows, Storm Doors
Rooms: 20
Lead Paint: Unknown
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Facing: South
Acres: 0.64
Lot Size: 27,878.00
Lot Description: Corner, Paved Drive, Level
Foundation: Fieldstone, Granite
Parking Spaces: 14
Color: maroon/gry
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles, Slate, Rubber
Utility: for Electric Range
Exterior: Clapboard, Wood
Exterior Features: Porch, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $388,500
Taxes: $6,445
Tax Year: 2018
Book/Page: 7518/134
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $61,200
Gross Expenses: $17,670
Total Rent: $5,100
Net Income: $39,399
 
Additional
Amenities: Shopping, Stables, Golf Course, Laundromat, Highway Access, House of Worship, Public School, T-Station
Disclosure Declaration: Yes
Disclosure: Owner occupies Unit 2 and would like to stay as a tenant.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 1 0 1 1 0 Yes 1 $850
Unit 2 4 1 0 1 1 0 Yes 1 $850
Unit 3 3 1 0 1 1 0 Yes 1 $850
Unit 4 3 1 0 2 1 0 Yes 1 $850
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Electric Baseboard  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Electric Baseboard  Interior:  Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Electric Baseboard  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Electric Baseboard  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen, Office/Den 
Common
Cooling:  None  Heating:  Electric Baseboard  Rooms:  Other (See Remarks), Sunroom 
Map
Area Sales
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The listing office is Keller Williams Realty Greater Worcester and the listing agent is Karen Mercure. 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.
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