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6-8 Grove

Topsfield, MA 01983
  • $1,550,000
  • STATUS: Under Agreement
  • MLS #: 72980853
Pending
UPDATED: 51 min ago
$1,550,000
  • 7
    BEDS
  • 0.4
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 3,823
    SQFT
  • $405
    $/SQFT
Neighborhood:
Other
Type:
Multi-Family
Built:
2014
County:
Essex
Area:
Other

School Information

Elementary School:
Proctor
Middle School:
Masconomet
High School:
Masconomet
School Ratings & Info
Listing courtesy of Cudmore And Associates of Re/Max On The River, Inc..

Description

Extremely rare and unique legal four-unit multi-family. This 17,424 sq. ft. lot is located perfectly in downtown Topsfield (one minute walk to the Proctor Elementary School) consisting of three stand-alone buildings, two that were built in 2014, the other in 1920 and awards plenty of parking. A high-end gravity fed septic system was installed in 2014, town water a plus. With 7 bedrooms, 4 full bathrooms, and 1 half bathroom, this is a sure moneymaker. Low maintenance with too many positives to list! Investors have many options to create wealth. Buy and hold with long term tenants in place, buy and convert into four condos for a quick flip, or buy and reside in one unit and live for free. Rents are below current market conditions. This gem is available because sellers are moving out of state. No open house, buyers to be pre-approved or have proof of funds. Call today. Sold as is. First group showing Sunday at 4PM.

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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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-06T15:11:23.713.
www.dna-realty.com/homes/128627610
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6-8 Grove Topsfield, MA 01983

  • Price: $1,550,000
  • Status: Under Agreement
  • On Site: Days
  • Updated: 51 min ago
  • MLS #: 72980853
7
Beds
4
Baths
1
½ Baths
0.4
Acres
3,823
SQFT
$405
$/SQFT
2014
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Elementary School:
Proctor
Middle School:
Masconomet
High School:
Masconomet
Property Description
Extremely rare and unique legal four-unit multi-family. This 17,424 sq. ft. lot is located perfectly in downtown Topsfield (one minute walk to the Proctor Elementary School) consisting of three stand-alone buildings, two that were built in 2014, the other in 1920 and awards plenty of parking. A high-end gravity fed septic system was installed in 2014, town water a plus. With 7 bedrooms, 4 full bathrooms, and 1 half bathroom, this is a sure moneymaker. Low maintenance with too many positives to list! Investors have many options to create wealth. Buy and hold with long term tenants in place, buy and convert into four condos for a quick flip, or buy and reside in one unit and live for free. Rents are below current market conditions. This gem is available because sellers are moving out of state. No open house, buyers to be pre-approved or have proof of funds. Call today. Sold as is. First group showing Sunday at 4PM.
Exterior Features

Beachfront No Color Variety Construction Frame Exterior Vinyl Exterior Features PorchPatioGuttersScreens Foundation Poured ConcreteFieldstone Lot Description Paved DriveClearedGentle SlopeLevel Parking Features Off-StreetPaved Driveway Parking Spaces 10 Road Type PublicPavedPublicly Maint. Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

Interior Features

Appliances Unit1 RangeDishwasherRefrigeratorWasher & Dryer Hookup Appliances Unit2 RangeDishwasherRefrigeratorWasher & Dryer Hookup Appliances Unit3 RangeRefrigeratorWasher & Dryer Hookup Appliances Unit4 RangeRefrigeratorWasher & Dryer Hookup Basement Yes Basement Features FullInterior AccessBulkheadSump PumpConcrete FloorUnfinished Basement Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Cooling Unit4 None Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring TileWall To Wall CarpetConcreteHardwood Floors Unit1 1 Floors Unit2 1 Floors Unit3 1 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 0 Half Baths Unit4 0 Heating Unit1 Hot Water BaseboardGasUnit ControlOther (See Remarks) Heating Unit2 Hot Water BaseboardGasUnit ControlOther (See Remarks) Heating Unit3 Forced AirOil Heating Unit4 Forced AirOil Hot Water OilNatural GasTankTankless Interior Features Unit1 Ceiling FansCable Tv AvailableStorageTile FloorStone/Granite/Solid CountersHardwood FloorsBathroom With Tub & ShowerOpen Floor PlanWall To Wall Carpet Interior Features Unit2 Ceiling FansCable Tv AvailableStorageTile FloorStone/Granite/Solid CountersHardwood FloorsBathroom With Tub & ShowerOpen Floor PlanWall To Wall CarpetStone/Ceramic Tile Floor Interior Features Unit3 Cable Tv AvailableStorageTile FloorBathroom With Tub & ShowerWall To Wall Carpet Interior Features Unit4 Cable Tv AvailableStorageTile FloorBathroom With Tub & ShowerWall To Wall Carpet Levels 2 Levels Unit1 1 Levels Unit2 2 Levels Unit3 3 Levels Unit4 3 Rooms 17 Rooms Description Unit1 Living RoomKitchenLaundry Rooms Description Unit2 KitchenLiving Rm/Dining Rm Combo Rooms Description Unit3 Living RoomKitchenOther (See Remarks) Rooms Description Unit4 Living RoomKitchenOther (See Remarks) Rooms Unit1 3 Rooms Unit2 4 Rooms Unit3 5 Rooms Unit4 5

Property Features

Adult Community No Amenities ShoppingParkWalk/Jog TrailsGolf CourseBike PathHighway AccessHouse Of WorshipPrivate SchoolPublic School Apod Available No Assessments 824400.00 Disclosure No Disclosures Owner is A Real Estate AgentBut Not Listing Agent. Electric Features 220 VoltsCircuit Breakers100 Amps200 AmpsIndividually Metered Expenses Source Owner Provided Gross Operating Income 87000 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 4 Family Net Operating Income 65174 Rent Description Unit1 None Rent Description Unit2 None Rent Description Unit3 Hot Water Rent Description Unit4 Hot Water Rent Unit1 1900 Rent Unit2 2150 Rent Unit3 1550 Rent Unit4 1650 Sewer Private Sewerage Short Sale Lender App Required No Sq Ft Disclosures Sq. Ft. Does Not include Basements. Sq Ft Includes Basement No Sq Ft Source Owner Tax Year 2022 Taxes 13726.26 UFFI Unknown Utility Connections For Electric RangeFor Electric DryerWasher Hookup Warranty No Water City/Town Water Year Built Description ActualUnknown/Mixed Year Built Source Owner Year Round Yes Zoning Cr

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Cudmore And Associates of Re/Max On The River, Inc..


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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-06T15:11:23.713.
 
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DNA Realty Group | Keller Williams Realty
138 River Rd #107
Andover MA, 01810
Listing courtesy of Cudmore And Associates of Re/Max On The River, Inc..