Beds4
Baths4Full11/2
Sq.Ft.4,277
Year1930
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Status:
Active Under Contract - Contingent
Property Type:4 Family - 4 Units Up/Down
MLS #:73116449
Sq. Feet:4,277
On Site:15 Days
Lot Size:0.33 Acres
County:Worcester
RARE OPPORTUNITY, LOCATION, LOCATION, LOCATION does not get better than this! New to market in the heart of Shrewsbury, close to major highway and routes. This 4-unit mixed use property would be a great investment. The 1st floor offices are approx. 2,340 sq. ft. and is a well-established professional business, as well as (1) two BR and (2) 1 BR units. All fully rented, residential units are all under market rents! Business and all eqpt are not part of the sale and will stay on with a new negotiated lease with sale of property. Building is in great shape and most major big-ticket items have already been taken care of. Roof approx. 10 years, Furnace & HW tank approx. 3-5 years, units have been renovated within approx.10 years. 200AMP service for office, ea unit has individual sub-panel. Property has 11 - 14 parking spots. DO NOT miss this rare opportunity. First Group showing Tue 5/30 6-7:30 all buyers & agents must contact LA to be on the list. Also listed on Commercial MLS # 73116457.
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Community Information
Address:44 Maple Ave, Shrewsbury, MA 01545
County:Worcester
City:Shrewsbury
Zip Code:01545
Architecture
Bedrooms:
4
Bathrooms:
4 Full / 1 Half
Year Built:1930
Stories:7
Construction Materials: Frame
Building Area: 4277
Roof: Shingle
Foundation: Block, Irregular
Basement: Full, Concrete
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 14
Features / Amenities
Appliances: Gas Water Heater, Utility Connections for Electric Oven
Flooring: Tile, Vinyl, Carpet
Exterior Features: Rain Gutters
Door Features: Insulated Doors
Window: Insulated Windows
Cooling Yes/No: Yes
Cooling: Unit 1(Wall AC)
Heating: Unit 1(Gas), Unit 2(Hot Water Baseboard, Gas), Unit 3(Hot Water Baseboard, Gas), Unit 4(Hot Water Baseboard, Gas)
Total Rooms:18
Property Features
Lot Size:
0.33 Acres
Lot Features: Cleared, Level
Utilities: for Electric Oven
Sewer: Public Sewer
Water: Public
Electric: 60 Amps/Less, 200+ Amp Service
Road Frontage: Public
Zoning:LIM BU
Tax and Financial Info
Tax Year: 2023
Tax Annual Amount: $6,767
Contingency: Pending P&S
Gross Income: $84,600
Net Operating Income: $74,488
Electric Expense: $351
Insurance Expense: $3,000
Water/Sewer Expense: $1,568
Operating Expense: $10,112
Terms: Contract
Total Actual Rent: $7,050
Rent Incl
Disclosures: Established Professional Business & Eqpt. not part of sale and to stay on under new lease. DO NOT approach current tenants. All showing will be via Group.
Listing Agent/Office
Listing provided courtesy of Christopher Campolito, Campolito Realty Group.
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44 Maple Ave Shrewsbury, MA 01545
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Listing Information Last Updated 6/9/2023
