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Other
Exterior
Entry Way
Kitchen
Bedroom
Bath

56 Neck Rd, Lancaster, MA 01523

$899,000

Last sold 06/19/2024 for $780K

6
bed
5
bath
4,005
Sqft ($195/Sqft)

Multi-family not for sale

About 56 Neck Rd

Property type Multi-family

Year built 1900

HOA fee $0/month

Lot size 2 Acre

Movoto estimate

Parking 2 garage spaces

Property description

Seller has assumable mortgage rate of 2.875% Market Value of monthly rental income: Over $7000! Whether you are an investor or homeowner looking for additional income or a mortgage helper, this property has so much to offer! Located near historic downtown Lancaster this impressive property offers 4 apartments, additional bonus area over garage, and an inground pool for residents to enjoy! The deck spaces offer a fantastic spot for morning coffee, watching the foliage change, and enjoying the summer months. The well-maintained apartments feature many upgrades and offer spacious living, thermal windows, efficient propane heat and beautiful views of the stunning backyard. The gorgeous main entryway provides convenient coin operated laundry for tenants and additional income. Each apartment has separately metered heat and hot water. The property offers plenty of off-street parking with a two-car garage, carport and large driveway

Listed by

Listing Agent - Mulryan and Maher Group

Listing Office - Lamacchia Realty, Inc.

Source: MLS Property Information Network, Inc.

MLS#73250402 • last updated 2 years ago

Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago

Overview
Cooling/AC	None
Heating	Natural Gas
Levels/Style	6
MLS #	73250402
Type	Residential Income
Status	Closed
SubType	4 Family
SqFt	4005
Lot Size (SqFt)	87120
Lot Size (Acres)	2
Annual Property Tax	9069
Year Built	1900

Interior
Total # of Bathrooms	5
# Full Baths	5
Total # of Bedrooms	6
Basement	Full, Bulkhead, Concrete, Unfinished
Total # of Rooms	18
Flooring	Tile, Vinyl, Carpet
Appliances	Washer, Dryer, Range, Dishwasher, Refrigerator, Microwave
# Fireplaces	1
Interior Features	Laundry Room, Ceiling Fan(s), Pantry, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room
Fireplace	Wood Burning
Door Features	Insulated Doors
Window Features	Insulated Windows

Exterior
Foundation	Stone
Roof	Shingle
Construction	Frame
# Covered Spaces	2
Parking Desc	Paved Drive, Off Street, Paved
# Parking Spaces	8
# Garage Spaces	2
Exterior Features	Balcony/Deck
Patio/ Porch	Porch, Deck
Fencing	Fenced
Lot Desc	Wooded, Cleared, Level
Other Structures	Shed(s)

Amenities / Utilities
Sewer	Public Sewer
Electricity	Circuit Breakers, Individually Metered
Water Source	Public
Pool Desc	In Ground

Location
View	Scenic View(s)
County	Worcester
Community Features	Conservation Area, Highway Access, Public School
Elementary School	Mary Rowlandson
Middle School	Luther Burbank
High School	Nashoba
Zoning	RES
APN	M:034.0 B:0000 L:0079.0, 3762810
Directions	GPS

Multifamily Details
Rent Includes	Unit 1(Electric, Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Net Operating Income	57600
Total Actual Rent	5700
Financial Data Source	Owner
Gross Income	57600