$1,400,000
$1,550,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
6-8 Grove Topsfield, MA 01983
7 Beds
4.5 Baths
3,823 SqFt
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,823 sqft
Price per Sqft $366
MLS Listing ID 72980853
Sold Date 09/30/22
Bedrooms 7
Full Baths 4
Half Baths 1
Year Built 2014
Annual Tax Amount $13,726
Tax Year 2022
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type 4 Family
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.
Location
State MA
County Essex
Zoning CR
Direction South Main St. to Grove St., house on the left.
Rooms
Basement Full, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
Interior
Interior Features Unit 1(Ceiling Fans, Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Open Floor Plan), Unit 2(Ceiling Fans, Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Open Floor Plan), Unit 3(Storage, Bathroom With Tub & Shower), Unit 4(Storage, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 4 Rooms(Living Room, Kitchen, Other (See Remarks))
Heating Unit 1(Hot Water Baseboard, Gas, Unit Control, Other (See Remarks)), Unit 2(Hot Water Baseboard, Gas, Unit Control, Other (See Remarks)), Unit 3(Forced Air, Oil), Unit 4(Forced Air, Oil)
Cooling Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
Flooring Tile, Carpet, Concrete, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Wall to Wall Carpet, Stone/Ceramic Tile Floor), Unit 3(Tile Floor, Wall to Wall Carpet), Unit 4(Tile Floor, Wall to Wall Carpet)
Appliance Oil Water Heater, Gas Water Heater, Tank Water Heater, Tankless Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Laundry Washer Hookup, Unit 1 Laundry Room, Unit 1(Washer & Dryer Hookup)
Exterior
Exterior Feature Rain Gutters
Community Features Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Highway Access, House of Worship, Private School, Public School
Utilities Available for Electric Range, for Electric Dryer, Washer Hookup
Roof Type Shingle
Total Parking Spaces 10
Garage No
Building
Lot Description Cleared, Gentle Sloping, Level
Story 9
Foundation Concrete Perimeter, Stone
Sewer Private Sewer
Water Public
Schools
Elementary Schools Proctor
Middle Schools Masconomet
High Schools Masconomet
Others
Senior Community false
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