RE/MAX Professional Associates
RE/MAX Professional Associates | 508-347-9595 | OFFICE@RMXPA.COM

3 Bowlen Ave, Southbridge, MA 01550

Multi-Family

$219,900
Price

3
Units
3,063
Approx. GLA
Excellent in town location with lots of convenient private parking and abuts public parking! Maintained and upgraded building has well designed first floor professional office space with reception area, bookshelf lined Conference/Board Room, 3 raised panel trimmed Offices, central work-admin-equipment area, Flex Room and Kitchenette plus 1 1/2 Baths. Extra income private access second floor has long term tenants in 3 RM, 1 BR apartment-$650/mo and 4 RM 2 BR apartment-$725 per mo. Rents increase $50 ea unit August 01. Washer & Dryer hookups. Rent includes heat, water and sewer. Sep electric meters. Full bsmt with storage shelves, oil hot air heat plus central air for first floor office space only. No 1st floor income in gross income figure.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
List Price: $219,900
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Active
Beds: 3
Baths: 3
Half Baths: 1
Units: 3
Year Built: 1900
Year Round: Yes
Approx. GLA: 3,063
MLS#: 72340160
 
 
Interior
Basement: Yes
Cooling Units: 1
Cooling Zones: 1
Electric Features: Circuit Breakers
Heating Units: 1
Heating Zones: 1
Energy: Storm Windows
Hot Water: Oil, Tank
Rooms: 14
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Facing: North
Acres: 0.31
Lot Size: 13,500.00
Lot Description: Paved Drive, Level
Foundation: Fieldstone
Parking Spaces: 8
Parking Features: Off-Street, Paved Driveway
Road Type: Paved, Publicly Maint.
Color: grey/beige
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles, Rubber
Utility: for Electric Range, for Electric Oven, Washer Hookup
Exterior Features: Gutters, Screens
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $197,500
Taxes: $4,098
Tax Year: 2018
Book/Page: 19574/222
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $9,350
Gross Expenses: $7,110
Total Rent: $1,375
Net Income: $9,390
Heat Cost: $2,826
Refuse Cost: $1,292
Sewer Cost: $2,992
 
Additional
Disclosure Declaration: No
Disclosure: Rents increasing $50 each unit August 01. Tenants notified. Long time Tenants are TAW, no deposits. Boiler approx 10 yr, Roof approx 15 yr. siding approx 10 yr. 8 parking spaces is approximate number. 1988 major renovation. new hot water heater, new water line. No 1st floor rental income.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 2 1 0 No 1 $650
Unit 2 4 2 0 2 1 0 No 1 $725
Unit 3 7 0 0 1 1 1 No 1
Units Extras
Unit 1
Rent Includes:  Heat, Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Oil  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Heat, Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Oil  Rooms:  Living Room, Kitchen 
Unit 3
Cooling:  Central Air  Heating:  Forced Air 
Map
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The listing office is RE/MAX Prof Associates and the listing agent is Lorraine Herbert Team. 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 7/15/2018 4:35:00 PM.
 
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RE/MAX Professional Associates