68 – 74 Sturbridge Road Charlton MA 01507 MLS #73266779

There are multiple listings for this address:
68 – 74 Sturbridge Road
Charlton, MA, 01507
$989,900
8 Beds
7 Baths
5,222 SqFt
1 Acres
$989,900
68 – 74 Sturbridge Road
Charlton, MA, 01507
Calling all investors. This commercial-zoned property consists of 4 buildings on 1-acre with water-frontage on Sibley Pond. The 1st building is a 2-story Commercial building leased to a personal training company with a studio apartment on the top. It has approximately 1,904 sf. The 2nd building is a 2-story Residential building with 3 units: 1 studio unit in front & a 1-bedroom unit in the back on the 1st FL, and a 2-bedroom unit on 2nd fL with a total 2,340sf. The 3rd building is a Trailer Home & the 4th building is A-Frame Home both standalone-detached residential properties with 1-bedroom in each. The approximately living space is 418 and 560 sf respectively. In total, the combined gross building area of all structures is approximately 5,222 sf. Currently, the property is fully occupied with 6 residential units & 1 commercial unit. The 2 billboards are Leased to Clear Channel Communication for an extra $4,250/yr. Property has been in the same family for 63 years. This is a cash cow.

Property Details

Price:
$989,900
MLS #:
73266779
Status:
Active
Beds:
8
Baths:
7
Address:
68 – 74 Sturbridge Road
Type:
Multi Family
Subtype:
5-9 Family
City:
Charlton
Listed Date:
Jul 18, 2024
State:
MA
Finished Sq Ft:
5,222
Total Sq Ft:
5,222
ZIP:
01507
Lot Size:
43,560 sqft / 1.00 acres (approx)
Year Built:
1990
Units:
7

Schools

Elementary School:
Charlton Elem.
Middle School:
Herritage Mid.
High School:
Shepherd Hill

Interior

Bathrooms
7 Full Bathrooms
Flooring
Vinyl, Carpet
Laundry Features
Gas Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
Construction Materials
Frame
Exterior Features
Garden
Parking Features
Paved Drive
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$51,500
Tax Year
2024
Taxes
$11,190
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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68 – 74 Sturbridge Road
Charlton, MA
68 – 74 Sturbridge Road
Charlton, MA, 01507
$989,900
Beds
8 Baths
5,222 SqFt
1 Acres
$989,900
68 – 74 Sturbridge Road
Charlton, MA, 01507
Calling all investors. This commercial-zoned property consists of 4 buildings on 1-acre with water-frontage on Sibley Pond. The 1st building is a 2-story Commercial building leased to a personal training company with a studio apartment on the top. It has approximately 1,904 sf. The 2nd building is a 2-story Residential building with 3 units: 1 studio unit in front & a 1-bedroom unit in the back on the 1st FL, and a 2-bedroom unit on 2nd fL with a total 2,340sf. The 3rd building is a Trailer Home & the 4th building is A-Frame Home both standalone-detached residential properties with 1-bedroom in each. The approximately living space is 418 and 560 sf respectively. In total, the combined gross building area of all structures is approximately 5,222 sf. Currently, the property is fully occupied with 6 residential units & 1 commercial unit. The 2 billboards are Leased to Clear Channel Communication for an extra $4,250/yr. Property has been in the same family for 63 years. This is a cash cow.

Property Details

Price:
$989,900
MLS #:
73267108
Status:
Active
Beds:
0
Baths:
8
Address:
68 – 74 Sturbridge Road
Type:
Commercial
Subtype:
5-9 Family
City:
Charlton
Listed Date:
Jul 19, 2024
State:
MA
Finished Sq Ft:
5,222
Total Sq Ft:
5,222
ZIP:
01507
Lot Size:
43,560 sqft / 1.00 acres (approx)
Year Built:
1990

Schools

Elementary School:
Charlton Elem.
Middle School:
Herritage Mid.
High School:
Shepherd Hill

Interior

Bathrooms
7 Full Bathrooms
Flooring
Vinyl, Carpet
Laundry Features
Gas Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
Construction Materials
Frame
Exterior Features
Garden
Parking Features
Paved Drive
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$51,500
Tax Year
2024
Taxes
$11,190
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby