Realty Vision

310 Parker Road, Lancaster, MA 01523

Multi-Family

$399,000
Price
$402,000
Sale Price

3
Units
3,000
Approx. GLA
A rare find in Lancaster. Legal 3 family located in very desirable, residential neighborhood. Current income of $4200 per month should be higher. Convenient location, only minutes to town center, hospital, shopping and all major routes. Many recent upgrades including windows, roof, septic system, electrical and siding. All ceramic tile floor in apartment 1, new laminate floors in apartment 2, and new cabinets, granite counters and hardwood floors in apartment 3. Large level lot (nearly an acre). You won't find another opportunity like this easily in Lancaster!!! All offers will be submitted Monday evening at 6 PM.
Highlights
Sale Price: $402,000
Settled Date: 3/29/2019 12:00:00 AM
Basement Features: Full, Finished, Walk Out
List Price: $399,000
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Sold
Beds: 7
Baths: 3
Units: 3
Year Built: 1970
Year Round: Yes
Approx. GLA: 3,000
MLS#: 72449987
 
Interior
Basement: Yes
Electric Features: 220 Volts, Circuit Breakers, 100 Amps, Individually Metered
Flooring: Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit, Hardwood, Wood Laminate
Energy: Storm Windows, Storm Doors
Fireplaces: 2
Rooms: 13
Lead Paint: None
Total Floors: 3
UFFI: No
Exterior
Water: No
Acres: 0.81
Lot Size: 35,284.00
Lot Description: Paved Drive, Gentle Slope, Level
Foundation: Poured Concrete
Foundation Size: 30X40
Parking Spaces: 10
Parking Features: Off-Street, Improved Driveway, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: Taupe
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Exterior Features: Garden Area, Deck
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Title 5: Pass
Lender Owned: No
APOD Available: No
Assessed Price: $271,500
Taxes: $5,425
Tax Year: 2018
Book/Page: 53939/384
School
High School: Nashoba
Beach
Beach: No
Expenses
Gross Income: $50,400
Total Rent: $4,200
Net Income: $50,400
Additional
Amenities: Shopping, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Conservation Area, Highway Access
Disclosure Declaration: No
Disclosure: Unit 1 lease expires Sept, Unit 2 lease expires July, and Unit 3 lease expires end of Feb. All end in 2019.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 1 1 1 0 Yes 1 $1,400
Unit 2 5 3 1 1 1 0 Yes 1 $1,500
Unit 3 4 2 2 1 0 Yes 1 $1,300
Units Extras
Unit 1
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Central Heat, Oil  Interior:  Bathroom With Tub & Shower, Remodeled, Cable TV Available, Lead Certification Available, Tile Floor, Fireplace - Wood burning  Rooms:  Living Room, Kitchen, Laundry 
Unit 2
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Central Heat, Oil  Interior:  Bathroom With Tub & Shower, Remodeled, Wall to Wall Carpet, Cable TV Available, Lead Certification Available, Tile Floor, Fireplace - Wood burning  Rooms:  Living Room, Kitchen, Laundry 
Unit 3
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Central Heat, Hot Water Baseboard, Oil  Interior:  Bathroom With Tub & Shower, Remodeled, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Cable TV Available, Lead Certification Available  Rooms:  Kitchen, Living RM/Dining RM Combo 
The listing office is Realty Vision and the listing agent is Terry Cotton. 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 12/18/2018 2:44:00 PM.
 
Terry Cotton