This is the investment opportunity you've been looking for! Just sit back and collect rent! This property has been almost entirely renovated! Brand new cast iron, 5 zone boiler. 5 new hot water heaters 2019, one 2018. 3 of 4 units, Units 3(C), 4(D) & 5(E) are completely renovated w/gorgeous new kitchens: granite counters & SS appliances, new lux vinyl flooring, freshly painted, stunning new bathrooms complete w/ low flow toilets, modern vanities & tile showers. Other interior updates: new coin-op washer, new lighting/ceiling fans, common areas redone, newer smoke/COs, freshly stained/re-enforced common stairs, added insulation. Exterior updates: freshly power-washed siding, all new windows, prof tree pruning/removal, yard clean up, 4 new decks, 3 new sliders, gutters, mailboxes, front door key less entry, new bulkhead. Property features: natural gas baseboard heat, 2 preventative sump pumps, 5 storage units, water views. Potential Cap Rate of 8.3% or more!
Off market
$716,200
422 Reservoir St, Norton, MA 02766
10beds
3,500sqft
MultiFamily
Built in 1970
-- sqft lot
$-- Zestimate®
$205/sqft
$4,645 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced air, Gas
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Flooring: Linoleum / Vinyl
Interior area
- Total interior livable area: 3,500 sqft
Property
Features
- Exterior features: Vinyl, Wood
Lot
- Size: 0.63 Acres
Details
- Parcel number: NORTM3P1001
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1970
Community & neighborhood
Location
- Region: Norton
Other
Other facts
- Amenities: Public Transportation, Golf Course, Highway Access, University
- App Dscrp 1: Range, Dishwasher, Refrigerator
- App Dscrp 2: Range, Refrigerator
- Basement Feature: Full, Partially Finished, Bulkhead, Interior Access, Sump Pump
- Construction: Frame
- Electric Feature: Circuit Breakers, 100 Amps, Individually Metered
- Exterior: Vinyl
- Flooring: Vinyl
- Foundation: Poured Concrete
- Hea Dscrp 1: Gas, Hot Water Baseboard, Individual, Unit Control
- Hea Dscrp 2: Gas, Hot Water Baseboard, Unit Control, Individual
- Hot Water: Natural Gas
- Lot Description: Scenic View(s), Level
- Rms Dscrp 1: Living Room, Kitchen
- Rms Dscrp 2: Living Room, Kitchen
- Road Type: Public, Paved, Publicly Maint.
- Roof Material: Asphalt/Fiberglass Shingles
- Energy Features: Insulated Windows
- App Dscrp 3: Range, Dishwasher, Refrigerator
- App Dscrp 4: Range, Refrigerator, Dishwasher
- Hea Common: Hot Water Baseboard, Gas, Common
- Hea Dscrp 3: Hot Water Baseboard, Gas, Unit Control, Individual
- Hea Dscrp 4: Hot Water Baseboard, Gas, Individual, Unit Control
- Ife Dscrp 4: Ceiling Fans, Remodeled, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Open Floor Plan, Slider
- Rms Dscrp 3: Living Room, Kitchen
- Rms Dscrp 4: Living Room, Kitchen
- Utility Connections: For Gas Range, Washer Hookup
- Year Round: Yes
- Ife Dscrp 1: Open Floor Plan, Slider
- Exterior Features: Gutters, Balcony, Deck - Wood
- Rnt Dscrp 2: Heat
- Ife Dscrp 3: Ceiling Fans, Open Floor Plan, Bathroom With Tub & Shower, Remodeled, Upgraded Cabinets, Upgraded Countertops, Stone/Granite/Solid Counters, Slider
- Mf Type: 5+ Family - 5+ Units Up/Down
- Rms Common: Laundry
- Col Common: Window Ac
- App Common: Washer, Dryer
- Rnt Dscrp 1: Heat
- Ife Common: Storage
- Rnt Dscrp 3: Heat
- Rnt Dscrp 4: Heat
- Col Dscrp 1: Window Ac
- Col Dscrp 2: Window Ac
- Ife Dscrp 2: Open Floor Plan, Slider
- Col Dscrp 3: Window Ac
- Col Dscrp 4: Window Ac
- CONTINGENCY_TYPE: Inspection