117 Lincoln Terrace, Leominster, MA 01453

Multi-Family

$264,900
Price
$272,900
Sale Price

2
Units
2,140
Approx. GLA
This two family offers lots of possibilities. It would be great for an owner occupants or for an income property. It is currently generating $2500 per month and the utilities are even separated! Each unit is a similar layout with three bedrooms, one bath, a nicely sized kitchen, and an open living room and dining room. The hardwood floors have been refinished recently and the first floor kitchen has new cabinets and counters. The first floor has a private entrance off the driveway. The electrical was also redone within the past few years there is a panel for each unit and a common meter. Other recent updates include a new roof on the garage, new garage door and new expanded driveway. The basement has a washer and dryer hookup for each tenant. There is interior access to the basement from each unit and also exterior access. The lot is level in the front which makes for a great yard. It is conveniently located but still off the beaten path.
Highlights
Sale Price: $272,900
Settled Date: 2/6/2018 12:00:00 AM
Basement Features: Full, Walk Out, Interior Access, Concrete Floor
List Price: $264,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 5
Baths: 2
Units: 2
Year Built: 1900
Approx. GLA: 2,140
MLS#: 72265648
 
 
Interior
Basement: Yes
Heating Units: 2
Flooring: Wood, Wall to Wall Carpet
Energy: Insulated Windows
Rooms: 10
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.23
Lot Size: 10,000.00
Lot Description: Paved Drive, Cleared, Level
Foundation: Poured Concrete, Fieldstone
Garage Spaces: 1
Parking Spaces: 6
Parking Features: Off-Street, Paved Driveway
Road Type: Public
Color: Yellow
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $161,800
Taxes: $3,192
Tax Year: 2017
Book/Page: 8411/302
Beach
Beach: No
Expenses
Gross Income: $31,200
Total Rent: $2,600
Net Income: $31,200
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, University
Disclosure Declaration: No
Disclosure: Agent related to seller. Some photos from when property was rented by previous tenant. Unit 1 lease expires 12-31-17.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 0 1 1 0 Yes 1 $1,200
Unit 2 6 3 0 2 1 0 No 1 $1,300
Units Extras
Unit 1
Rent Includes:  Water  Heating:  Steam, Oil  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Rent Includes:  Water  Heating:  Gas  Rooms:  Living Room, Dining Room, Kitchen 
Map
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The listing office is Central Mass Real Estate and the listing agent is Kayla Nault. The property listing data and information, or the images, 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, and the images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 8/14/2018 10:35:00 PM.
 
Kayla Nault
Kayla Nault
Central Mass Real Estate