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1 W Fountain St, Milford, MA 01757

Multi-Family

$349,900
Price
$370,000
Sale Price

2
Units
2,355
Approx. GLA
Rare find, a multi-family in such a great spot and great condition, doesn't need any work. Walk to high school and parks. Great commuter location within a few minutes access to 495 without having to deal with down town traffic. Updates over the past 7-10 years include, windows, roof, vinyl siding, hot water tanks. Wonderful long term tenants currently at below market rates. Were on leases now monthly (TAW). All utilities are separate and are paid by tenants, except water/sewer which landlord pays. 2nd floor has two levels, 3 bedrooms, eat-in kitchen, all good size rooms. First floor is 2 bedroom, eat-in kitchen, also good size rooms. Each unit has their own driveway, both with parking for 2 cars. Please allow minimum one day notice to schedule viewing to provide ample notice to tenants.
Highlights
Terms: Contract for Deed
Sale Price: $370,000
Settled Date: 7/2/2018 12:00:00 AM
Basement Features: Full, Interior Access, Bulkhead
List Price: $349,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 4
Baths: 2
Units: 2
Year Built: 1952
Approx. GLA: 2,355
MLS#: 72325056
 
Interior
Basement: Yes
Heating Units: 2
Heating Zones: 2
Flooring: Wood, Vinyl
Rooms: 8
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.15
Lot Size: 6,499.00
Lot Description: Paved Drive
Foundation: Poured Concrete
Foundation Size: 38 x 26
Parking Spaces: 4
Color: gray
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range
Exterior: Vinyl
Exterior Features: Garden Area, Gutters, Screens
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $263,500
Taxes: $4,364
Tax Year: 2018
Book/Page: 34541/355
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $22,200
Gross Expenses: $3,428
Total Rent: $1,850
Net Income: $18,772
Insurance Cost: $1,045
R&M Cost: $500
Sewer Cost: $463
Water Cost: $900
Additional
Amenities: Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
Exclusions: Window treatments and any other tenants property
Disclosure Declaration: No
Disclosure: Owner has never occupied property.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $850
Unit 2 5 3 0 2 1 0 No 2 $1,000
Units Extras
Unit 1
Rent Includes:  Water 
Unit 2
Rent Includes:  Water 
Map
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The listing office is RE/MAX Executive Realty and the listing agent is Maria Varrichione. 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 10/22/2018 10:35:00 PM.
 
Anthony Susi
Anthony Susi
Real Estate Executive
REALTY EXECUTIVES