Welcome home to 55 Sylvan Road. Looks like a single family home and it was at one time but now it is a highly sought after 3 family nestled in the heart of Lancaster! This home would be great for an owner occupant as the first floor, the largest unit boasts 4 bedrooms with 1.5 baths. This home is currently being used as an investment property and has been a great way to defray the cost of ownership. Private backyard, paved driveway with plenty of parking. Sellers desire to move on is your chance to move in! Don't miss this fantastic opportunity. Bring this diamond in the rough back to life! Seller is very motivated and all units are vacant.
Sold for $505,000 on 05/14/24
$505,000
55 Sylvan Rd, Lancaster, MA 01523
8beds
2,392sqft
3 Family
Built in 1955
-- sqft lot
$573,400 Zestimate®
$211/sqft
$2,455 Estimated rent
Home value
$573,400
$528,000 - $625,000
$2,455/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 16, 2024 at 05:47am
Listed by:
Michelle Lopez 978-407-5778,
Coldwell Banker Realty - Leominster 978-840-4014
Bought with:
Lilian Regia Davis
Fazza Realty
Source: MLS PIN,MLS#: 73186332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Oil, Electric
Cooling
- None
Features
- Living Room, Kitchen, Dining Room
- Basement: Full,Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,392
- Total interior livable area: 2,392 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Porch
Lot
- Size: 0.39 Acres
- Features: Cleared
Details
- Parcel number: M:037.0 B:0000 L:0073.0,3762990
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Block, Irregular
- Roof: Shingle
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School
Location
- Region: Lancaster
HOA & financial
Other financial information
- Total actual rent: 4800
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2024 | Sold | $505,000-4.7%$211/sqft |
Source: MLS PIN #73186332 | ||
| 12/9/2023 | Listed for sale | $529,999$222/sqft |
Source: MLS PIN #73186332 | ||
| 11/4/2023 | Listing removed | $529,999$222/sqft |
Source: MLS PIN #73143277 | ||
| 10/3/2023 | Price change | $529,999-3.6%$222/sqft |
Source: MLS PIN #73143277 | ||
| 9/20/2023 | Price change | $549,9990%$230/sqft |
Source: MLS PIN #73143277 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,686 -31.8% | $475,600 -26.3% |
| 2024 | $11,272 +31.5% | $645,600 +29.5% |
| 2023 | $8,573 +18.4% | $498,700 +34% |
Find assessor info on the county website
Neighborhood: 01523
Nearby schools
GreatSchools rating
- 6/10Mary Rowlandson Elementary SchoolGrades: PK-5Distance: 2 mi
- 6/10Luther Burbank Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10Nashoba Regional High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$573,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$573,400