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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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25 East St , Grafton, MA 01536
$873,000
Est. Payment: $1,940.00/mo
5 Bed
3 Bath
2370 Sqft
Status: Active | Days on site: 31
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AN6287 - BB810519
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House Description

Exceptional investment opportunity in sought-after North Grafton, MA. Within 3 miles of MA Pike and Tufts. This spacious and well maintained 2 family home along with a 2,100sq stand alone garage and 7.1 acre pond. Currently, the 2 family and garage are rented at $7,100 per month. Each unit features comfortable living spaces, well- sized bedrooms and functional kitchens. Unit A includes 2 bedrooms, 1 bath, in-unit laundry with large kitchen overlooking deck and pond. Unit B includes a 3 bedrooms, 1 bath, in-unit laundry, large kitchen, 4 seasons porch overlooking scenic pond views. Additionally, the attic has a private entrance, leaving potential to make this an in-law suit or expand unit B. Recent updates over the years included; AC/Heat, central air, electric panels, landlord panel, roof, and water heaters. This residence also includes large parking areas. House, stand- alone garage, and pond are all deeded separately for future opportunities. Refer to Sub divided plans. Plans have been recently submitted to town to build on top of the stand alone garage. Refer to attached plans that show the layout of the 2 story addition on top of the existing garage. They include a 2600 sq ft 4 bedroom 3 bath, and a 900 sq ft ADU / In law Apt with 2 bedroom 2 bath overlooking peaceful pond views. Build the to be approved plans and enjoy around doubling your monthly income! Ideally located just minutes from Tufts University School of Medicine’s Grafton campus, making it an excellent option for attracting renters, including students, faculty, and staff. Builder will transfer all permits after they have been approved as part of the sale. Pond is for conservation purposes or personal use like canoeing and fishing. Recent improvements over the years include a new box culvert to property along with an on-site pond that has been recently inspected and received a positive report from the Dam Safety Department. No inspections are needed for approximately 5 years.

Highlights

Listed by Walter Aldrich , 508-450-0620 Walter Aldrich Realty , 508-450-0620.

Property Type

Multi-Family

Lot/Acreage
9.36

Year Built

1920

County

Worcester

Area

North Grafton

Listing ID

73564401

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Floor:Wood
Water:Public

Exterior Features

Lot:Cleared,Waterfront,Lake
Garage Capacity:16
Zoning:R2
Roof:Shingle
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 16
Principal Interest
$1,940
Taxes
$687

Home Price

$873,000

Loan Details

30 yrs
%

Down Payment

20%
$174,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,940.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,940.00 $686.58 $0.00 $2,626.58
Yearly $23,280.00 $8,239.00 $0.00 $31,519.00
Total $698,400.00 $247,170.00 $0.00 $945,570.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Grafton, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.