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$2,400,000
Est. payment /mo
12 Beds
3 Baths
3,669 SqFt
UPDATED:
11/23/2024 08:05 AM
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,669 sqft
Price per Sqft $654
MLS Listing ID 73314083
Bedrooms 12
Full Baths 3
Year Built 1916
Annual Tax Amount $15,060
Tax Year 24
Lot Size 4,356 Sqft
Acres 0.1
Property Description
18 Fainwood Circle consists of a three-story building with three 4-Bedroom/1-Bathroom units (currently rented as 3-bedroom units). Each of the units are separately metered for heat (gas - steam radiators), hot water, and electricity. The opportunity exists to utilize each unit as a 4-bedroom unit as well as potentially adding a 2nd bathroom by utilizing the pantry space in the kitchen. Unit 1 features in-unit washer and dryer and an enclosed porch (all season) at the rear of the unit. Units 2 and 3 have access to a laundry facility in the basement, and feature front and rear porches. Additionally, the building has a tandem parking space that can accommodate 3 vehicles. 18 Fainwood Circle is well maintained with recent capital improvements. The opportunity exists, through programmatic upgrades, to significantly increase the rental income or position the property for a condo exit.
Location
State MA
County Middlesex
Zoning C-1
Direction Please use GPS
Rooms
Basement Unfinished
Exterior
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Roof Type Rubber
Total Parking Spaces 1
Garage No
Building
Lot Description Other
Story 6
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Horvath & Tremblay