OPEN HOUSE SATURDAY June 3rd from 2:30-4pm. Welcome to 7 Mott St-- the turn key investment you have been waiting for!This classic triple decker features three very spacious and bright 3 bedroom apartments. All units have their own storage, washer /dryer hook ups, plus there is driveway parking-- all things long term tenants are looking for! Tenant retention = cash flow! Lead certs in hand for apartments 1 and 2. All separately metered gas and electric services with an owner's panel. Long term tenants with room for growth on the rents. Potential rental income of $6000/m! Potential to convert to 4 bedroom units for additional income. Very close to the fun at Polar Park and Rt 290 for an easy commute. The small lot and consistent maintenance throughout current ownership minimizes operational expenses. This building is professionally managed and runs like clockwork. Rent rolls and trailing 12 financials are available upon request. Y2D financials running at a 29% expense ratio!
Multi-familyProperty Type
1890Year Built
3,925 sq ftLot Size
$191Est. Price/Sq.Ft.
4 spacesParking
Listed by Michaela Hillier• Castinetti Realty Group
Property is being "Sold As Is". The second and third floor have been updated with new fridges, stoves, and water heaters. Foundation has been sealed. This will NOT pass an FHA loan OR VA loan. First floor needs to be remodeld
MLS PIN #71612854
Jan 17, 2014
Sold
$175,000
$44/sq ft
Dec 8, 2013
Contingent
—
Dec 2, 2013
Listed
$175,000
$44/sq ft
+13
~~~~3Family home/ Investment property just listed in Grafton Hill Area~~~: 6 rooms, 3-4 bedrooms in each unit. It's ready to move in immediately. Certificate of compliance in hand for 3rd floor. Updated windows, bathrooms, flooring, and freshly painted. Updated electrical and owner meter also plumbing as well. Some kitchen's cabinets, sinks and vanity has been upgraded. Off street parking. Easy to show...Call today!
MLS PIN #19051965
Jan 25, 1994
Sold
$13,000
$3/sq ft
Dec 16, 1993
Listed
$22,500
$6/sq ft
Public Records
Aug 31, 1987
Sold
$120,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,695 (+14.7%)
$43,200 + $423,700
$466,900
2022
$5,835 (+12.5%)
$34,500 + $349,100
$383,600
2021
$5,187 (+29.9%)
$27,600 + $291,000
$318,600
2020
$3,993 (−1.5%)
$27,700 + $207,200
$234,900
2019
$4,055 (+2.7%)
$27,400 + $197,900
$225,300
2018
$3,948 (+7.2%)
$27,400 + $181,400
$208,800
2017
$3,684 (+2.0%)
$27,400 + $164,300
$191,700
2016
$3,613 (+5.5%)
$22,700 + $152,600
$175,300
2014
$3,425 (+5.6%)
$22,700 + $152,600
$175,300
2013
$3,244 (+5.7%)
$24,200 + $150,400
$174,600
2012
$3,070 (+34.4%)
$26,000 + $154,800
$180,800
2011
$2,284 (−1.4%)
$43,500 + $98,700
$142,200
2010
$2,316 (−20.6%)
$43,500 + $109,400
$152,900
2009
$2,917
$71,000 + $145,100
$216,100
Tax history for 7 Mott St
Year
Property tax
Land + Additions
Assessment*
2023
$6,695 (+14.7%)
$43,200 + $423,700
$466,900
2022
$5,835 (+12.5%)
$34,500 + $349,100
$383,600
2021
$5,187 (+29.9%)
$27,600 + $291,000
$318,600
2020
$3,993 (−1.5%)
$27,700 + $207,200
$234,900
2019
$4,055 (+2.7%)
$27,400 + $197,900
$225,300
2018
$3,948 (+7.2%)
$27,400 + $181,400
$208,800
2017
$3,684 (+2.0%)
$27,400 + $164,300
$191,700
2016
$3,613 (+5.5%)
$22,700 + $152,600
$175,300
2014
$3,425 (+5.6%)
$22,700 + $152,600
$175,300
2013
$3,244 (+5.7%)
$24,200 + $150,400
$174,600
2012
$3,070 (+34.4%)
$26,000 + $154,800
$180,800
2011
$2,284 (−1.4%)
$43,500 + $98,700
$142,200
2010
$2,316 (−20.6%)
$43,500 + $109,400
$152,900
2009
$2,917
$71,000 + $145,100
$216,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.