Sold for $1,150,000

$1,150,000

192 Main St, Medway, MA 02053

12beds

7,061sqft

5-9 Family

Built in 1825

-- sqft lot

$-- Zestimate^®

$163/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

Owner options

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$7,151/mo

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$7,151/mo

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What's special

Natural gas heatingSeparate electric meterHot waterDetached two-car garage

Great investment opportunity with this hard-to-find six-unit residential property nestled in the heart of Medway. Each unit sits vacant, presenting the new owner with an opportunity to unlock its full potential and attain market-level rents. Cosmetic enhancements to select units promise a swift turnaround and immediate income generation. With separate utilities for each unit, along with four units equipped with natural gas heating and hot water and one unit featuring a recently installed heat pump. Some replacement windows, town water and sewer. Situated on a generous-sized lot with a detached two-car garage with a separate electric meter and ample off-street parking to service the tenants, The property is being sold "As is," but will be well worth the effort once the cash rolls in.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Heating

Natural Gas, Forced Air, Heat Pump

Appliances

Included: Range

Features

Living Room, Kitchen, Laundry Room, Family Room, Dining Room
Flooring: Wood, Tile, Vinyl, Carpet
Basement: Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 7,061
Total interior livable area: 7,061 sqft

Property

Parking

Total spaces: 14
Parking features: Paved Drive, Off Street
Garage spaces: 2
Uncovered spaces: 12

Lot

Size: 0.97 Acres
Features: Corner Lot

Details

Parcel number: M:47 B:070,3163489
Zoning: ARII

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Foundation: Stone
Roof: Shingle

Condition

Year built: 1825

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Range

Community & neighborhood

Community

Community features: Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area

Location

Region: Medway

HOA & financial

Other financial information

Total actual rent: 0

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
3/26/2024	Sold	$1,150,000+31.4%$163/sqft
Source: MLS PIN #73197872 Report a problem
1/31/2024	Listed for sale	$875,000$124/sqft
Source: MLS PIN #73197872 Report a problem