Address
9 Depot St, Westford, MA
Price
$ 1,300,000
Property Attributes
- MLS#73139604
- TypeMulti-Family
- CountyMIDDLESEX
- CityWestford
- Zip01886
- Style5+ Family - 5+ Units Up/Down
- Year Built1870
- Taxes$ 13712
- Price$ 1,300,000
- Bedrooms10
- Full Bathrooms7
- Half Bathrooms1
- Sqr Footage4474
- Lot Size1.33 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
INVESTORS TAKE NOTE! 7-Unit Residential Property. Here is a spectacular opportunity to own a large multi-unit complex with great income potential in the heart of the much-desired Westford township. Property consists of 7 separately metered units, a 3 bed/1.5 bath, 2 bed/1 bath, three 1 bed/1 baths, & two studio units. 2 FHW boilers were recently updated. Roof replaced 2023. Property also boasts a large Barn/Garage for additional storage, 2 driveways, & plenty of parking for tenants & guests as well as ample outdoor space. Located a short distance from historic Westford center & easy access to Interstate 495 tenants get the best of both worlds where they can enjoy local shops & restaurants as well as an easy commute to work. All units are occupied with a solid rental history so new owners will be able to see returns on their investment immediately. Don't miss your chance to see this one-of-a-kind property for yourself!
| Elementary School | Middle School | High School |
|---|---|---|
| WPS Elementary School | Wps Middle School | WHS High School |
| Price History | |
|---|---|
| 7/23/2023 | Listed $1,400,000 |
| 9/26/2023 | 8% - $1,300,000 |
General Features
| Appliances | Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Utility Connections Varies per Unit |
|---|---|
| Building Area Units | Square Feet |
| City | Westford |
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Public School |
| Compensation Based On | Net Sale Price |
| Construction Materials | Frame |
| County | Middlesex |
| Directions | Int 495 (ex 83) > Boston Rd > Main St > Depot St |
| Disclosures | Buyers/buyer agents to verify all information. There are two additional Studio Apartments leased at $650/mo. |
| Electric | Circuit Breakers |
| Elementary School | Wps |
| Exterior Features | Porch, Storage Shed, Barn/Stable, Varies per Unit, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck |
| Garage Spaces | 2 |
| Garage Y/N | Yes |
| Gross Income | 87600 |
| Heating | Unit 1(Forced Air, Oil), Unit 2(Hot Water Radiators, Oil), Unit 3(Gas), Unit 4(Gas) |
| High School | Whs |
| Home Warranty Y/N | No |
| Insurance Expense | 3052 |
| Interior Features | Unit 1(Storage, Bathroom With Tub & Shower), Unit 2(Storage, Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo, Office/Den), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 R |
| Lot Size Square Feet | 57935 |
| Middle/Junior High School | Wps |
| Net Operating Income | 67679 |
| Operating Expense | 6054 |
| Other Structures | Barn/Stable |
| Patio/Porch Features | Porch |
| Property SubType | 5+ Family - 5+ Units Up/Down |
| Property Type | Residential Income |
| Rent Includes | Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water) |
| Roof | Shingle |
| Senior Community Y/N | No |
| Sewer | Public Sewer, Private Sewer |
| Standard Status | Active |
| Status | Active |
| Street Name | Depot St |
| Sub-Agency Relationship Offered | No |
| Tax Annual Amount | 13712 |
| Tax Assessed Value | 929000 |
| Tax Year | 2023 |
| Total Actual Rent | 7200 |
| Total Rooms | 27 |
| Total Units | 7 |
| Utilities | Varies per Unit |
| Water Sewer Expense | 1701 |
| Waterfront Y/N | No |
| Year Built | 1870 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | RA |
Interior Features
| Basement | Partial, Crawl Space, Unfinished |
|---|---|
| Fireplace Features | Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning) |
| Fireplace Y/N | Yes |
| Flooring | Varies Per Unit, Unit 1(undefined), Unit 2(Wood Flooring, Wall to Wall Carpet), Unit 3(Wall to Wall Carpet), Unit 4(Wall to Wall Carpet) |
| Full Baths | 7 |
| Half Baths | 1 |
| Heating Y/N | Yes |
| Total Baths | 8 |
| Total Bedrooms | 10 |
| Total Fireplaces | 2 |
| Total Stories | 8 |
Exterior Features
| Facilitator Compensation | 1% |
|---|---|
| Facilitator Compensation Type | % |
| Living Area | 4474 |
| Building Area Total | 4474 |
| Covered Spaces | 2 |
| Foundation Details | Irregular |
| Lot Features | Wooded, Level |
| Lot Size Acres | 1.33 |
| Lot Size Area | 1.33 |
| Lot Size Units | Acres |
| Open Parking Y/N | Yes |
| Parking Features | Off Street, Common, Stone/Gravel, Paved |
| Road Frontage Type | Public |
| Road Surface Type | Paved |
| Spa | No |
| Total Parking | 15 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01886
Price
Taxes
Visits
Year Built
Walkscore
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information 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 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
