Investors take note! Whether you are looking to owner occupy your first investment or you are a seasoned investor, don't miss out on this opportunity. This home is fully updated with new kitchen counters, cabinets, floors, stainless appliances, floors and paint. Updated baths. New windows & doors. Washer and dryer in each unit. Updated electrical as well as updated high efficiency wall mounted boilers. All utilities are separate. Walkable to all stores and restaurants in town. 3 long term leases and 1 unit could be left vacant for any buyer interested in owner occupying. Great school systems. Low inventory and high demand of rental units in the area. Cap Rate over 9%. Great cash on cash returns for an investor at 25% down. We will be doing block showings that will adhere to all COVID 19 guidelines of social distancing for everyone's safety. Set up your showings before this one is gone!
Multi-familyProperty Type
1900Year Built
0.56 acresLot Size
$106Price/Sq.Ft.
12 spacesParking
Listed by Neil Fredette• Keller Williams Realty-Merrimack
Four units on a nice 1/2 acre in town lot across from Cushing Academy. Plenty paved off street parking. Easy to show. Offer must include document attached to MLS listing. Buyer to verify legality of number and layout of units including required egresses. Buyer to obtain smoke inspection cert if required. Power is off, will not be on for inspections. Big bright rooms, great curb appeal and location.
Year
Property tax
Land + Additions
Assessment*
2023
$8,318 (−12.7%)
$28,100 + $474,500
$502,600
2022
$9,527 (+53.8%)
$36,300 + $468,300
$504,600
2021
$6,194 (+2.2%)
$36,300 + $265,100
$301,400
2020
$6,058 (+22.2%)
$36,300 + $265,100
$301,400
2019
$4,959 (+42.5%)
$36,300 + $183,600
$219,900
2018
$3,480 (+17.5%)
$34,600 + $114,100
$148,700
2017
$2,961 (+2.6%)
$37,300 + $91,600
$128,900
2016
$2,887 (+2.1%)
$36,600 + $90,300
$126,900
2015
$2,827 (+12.4%)
$36,600 + $90,300
$126,900
2014
$2,516 (−14.2%)
$36,600 + $90,300
$126,900
2013
$2,931 (+2.8%)
$36,600 + $118,900
$155,500
2012
$2,852 (−37.0%)
$36,600 + $118,900
$155,500
2011
$4,524 (+61.6%)
$68,100 + $195,700
$263,800
2010
$2,800 (−23.5%)
$51,000 + $122,400
$173,400
2009
$3,662
$68,100 + $195,700
$263,800
Tax history for 88 Main St
Year
Property tax
Land + Additions
Assessment*
2023
$8,318 (−12.7%)
$28,100 + $474,500
$502,600
2022
$9,527 (+53.8%)
$36,300 + $468,300
$504,600
2021
$6,194 (+2.2%)
$36,300 + $265,100
$301,400
2020
$6,058 (+22.2%)
$36,300 + $265,100
$301,400
2019
$4,959 (+42.5%)
$36,300 + $183,600
$219,900
2018
$3,480 (+17.5%)
$34,600 + $114,100
$148,700
2017
$2,961 (+2.6%)
$37,300 + $91,600
$128,900
2016
$2,887 (+2.1%)
$36,600 + $90,300
$126,900
2015
$2,827 (+12.4%)
$36,600 + $90,300
$126,900
2014
$2,516 (−14.2%)
$36,600 + $90,300
$126,900
2013
$2,931 (+2.8%)
$36,600 + $118,900
$155,500
2012
$2,852 (−37.0%)
$36,600 + $118,900
$155,500
2011
$4,524 (+61.6%)
$68,100 + $195,700
$263,800
2010
$2,800 (−23.5%)
$51,000 + $122,400
$173,400
2009
$3,662
$68,100 + $195,700
$263,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
9
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
0.56 Acres
Year renovated
—
Sq. Ft.
3,518
Year built
1900
Style
Multi-Family (5+ Unit)
County
Worcester County
APN
3575467
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 12
Parking Features: Off Street, Stone/Gravel, Unpaved
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: 200+ Amp Service
Heating & Cooling
Has Heating
Heating: Baseboard, Natural Gas, Individual
Heating Units: 4
Cooling Units: 0
Location
Location Information
Directions: Follow Rt 12 / Main St to Ashburnham Center
UnparsedAddress: 88 Main St, Ashburnham MA 01430
Community Information
Senior CommunityYN: No
Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
Public facts
Beds: 9
Baths: 4.0
Sq. Ft.: 3,518
Stories: 3.0
Lot Size: 0.56 acres
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Worcester County
APN: 3575467
Home facts updated by county records on Jul 20, 2023
Other
Miscellaneous Information
Heat Zones: 4
Listing Information
StandardStatus: Closed
Around this home
Schools
Briggs Elementary School
Public PreK-5 • Assigned • 1.6mi
6/10
Overlook Middle School
Public 6-8 • Assigned • 2.4mi
6/10
Oakmont Regional High School
Public 9-12 • Assigned • 2.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
5/10 Wind Factor
25% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ashburnham, MA • 01430
Average low and high temperatures (°F)
27
13
30
14
46
27
56
36
64
46
76
56
80
61
77
55
71
50
59
40
46
31
33
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.