Seller has assumable mortgage rate of 2.875% Market Value of monthly rental income: Over $7000! Whether you are an investor or homeowner looking for additional income or a mortgage helper, this property has so much to offer! Located near historic downtown Lancaster this impressive property offers 4 apartments, additional bonus area over garage, and an inground pool for residents to enjoy! The deck spaces offer a fantastic spot for morning coffee, watching the foliage change, and enjoying the summer months. The well-maintained apartments feature many upgrades and offer spacious living, thermal windows, efficient propane heat and beautiful views of the stunning backyard. The gorgeous main entryway provides convenient coin operated laundry for tenants and additional income. Each apartment has separately metered heat and hot water. The property offers plenty of off-street parking with a two-car garage, carport and large driveway
Sold for $780,000 on 08/05/24
$780,000
56 Neck Rd, Lancaster, MA 01523
6beds
4,005sqft
4 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$195/sqft
$5,017 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,017/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 05, 2024 at 12:57pm
Listed by:
Mulryan and Maher Group 508-713-2212,
Lamacchia Realty, Inc. 508-832-5324,
Kate Maher 508-631-5814
Bought with:
Andrea Aro
Benny's Realty Group
Source: MLS PIN,MLS#: 73250402
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas
Cooling
- None
Features
- Laundry Room, Ceiling Fan(s), Pantry, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room
- Flooring: Tile, Vinyl, Carpet
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Bulkhead,Concrete,Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 4,005
- Total interior livable area: 4,005 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 2
- Uncovered spaces: 8
Features
- Patio & porch: Porch, Deck
- Exterior features: Balcony/Deck
- Pool features: In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Scenic View(s)
Lot
- Size: 2 Acres
- Features: Wooded, Cleared, Level
Details
- Additional structures: Shed(s)
- Parcel number: M:034.0 B:0000 L:0079.0,3762810
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Conservation Area, Highway Access, Public School
Location
- Region: Lancaster
HOA & financial
Other financial information
- Total actual rent: 5700
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2024 | Sold | $780,000-6%$195/sqft |
Source: MLS PIN #73250402 | ||
| 6/20/2024 | Contingent | $829,900$207/sqft |
Source: MLS PIN #73250402 | ||
| 6/11/2024 | Listed for sale | $829,900+12.2%$207/sqft |
Source: MLS PIN #73250402 | ||
| 6/7/2024 | Listing removed | $739,900$185/sqft |
Source: MLS PIN #73179470 | ||
| 11/21/2023 | Contingent | $739,900$185/sqft |
Source: MLS PIN #73179470 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,416 +13% | $768,300 +22.1% |
| 2024 | $10,984 +21.1% | $629,100 +19.2% |
| 2023 | $9,069 -11.8% | $527,600 -0.2% |
Find assessor info on the county website
Neighborhood: 01523
Nearby schools
GreatSchools rating
- 6/10Mary Rowlandson Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 6/10Luther Burbank Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Nashoba Regional High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Mary Rowlandson
- Middle: Luther Burbank
- High: Nashoba
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.