Property Attributes
- MLS#73221815
- TypeMulti-Family
- CountyWORCESTER
- CityFitchburg
- Zip01420
- StyleMulti Family
- Taxes$ 13166
- Price$ 974,900
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage4813
- Lot Size1.51 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Explore the investment potential of 995 Oak Hill Road, a prime multifamily property poised for significant rental income. Overlooking the scenic 10th and 11th holes at Oak Hill Country Club, this unique estate features a 3,700+ sq ft main house, a private 1,000+ sq ft cottage, and a spacious barn/studio. The main house, renting for $4,200 per month, merges historic charm with modern amenities and includes a luxurious primary suite with a private roof deck. The separate cottage, generating $1,800 per month, provides a cozy, income-producing retreat. Additionally, the barn offers a versatile 2-story space, ideal for business uses or creative endeavors, with potential income of $1,500 per month. With its grand views of one of Central Massachusetts' most beautiful landscapes, 995 Oak Hill Road offers a flexible property design, making it an attractive option for investors seeking a blend of residential and entrepreneurial opportunities in a prestigious setting.
Price History | |
---|---|
4/9/2024 | Listed $1,159,000 |
5/21/2024 | 3% - $1,125,000 |
5/28/2024 | 12% - $999,900 |
6/6/2024 | 3% - $974,900 |
General Features
Interior Features | Ceiling Fan(s),Pantry,Storage,Cedar Closet(s),Central Vacuum,Crown Molding,Stone/Granite/Solid Counters,Walk-In Closet(s),Bathroom with Shower Stall,Bathroom With Tub,Bathroom With Tub & Shower,Open |
---|---|
Sewer | Private Sewer |
Heating | Forced Air,Baseboard,Oil,Natural Gas,Radiant |
Cooling | Ductless |
Utilities | for Gas Range,for Electric Range,for Electric Oven,for Electric Dryer,Washer Hookup |
Roof | Shingle,Rubber |
Appliances | Oven,Dishwasher,Range,Refrigerator,Washer,Dryer,Vacuum System,Range Hood,Microwave |
Exterior Features | Balcony/Deck,Rain Gutters,Sprinkler System |
Zoning | RR |
Garage Spaces | 4 |
Patio/Porch Features | Porch,Deck - Roof,Deck - Composite |
Construction Materials | Frame |
Electric | 200+ Amp Service |
View | Scenic View(s) |
Property SubType | Multi Family |
Tax Year | 2024 |
Gross Income | 72000 |
Community Features | Golf |
County | Worcester |
Net Operating Income | 69600 |
Property Type | Residential Income |
Garage Y/N | Yes |
Other Structures | Gazebo |
Total Rooms | 14 |
Status | Active |
Directions | Route 2 to Oak Hill Road. |
City | Fitchburg |
Disclosures | Classified as a 2-family by city. House/accessory buildings to be subdivided from larger lot before closing. Sellers have not used security,irrigation systems or woodstove. Year Built is mixed 1800s/ |
View Y/N | Yes |
Senior Community Y/N | No |
NumberOfUnitsTotal | 2 |
Lot Size Units | Acres |
Lot Size Square Feet | 65775 |
Waterfront Y/N | No |
Spa Features | Bath |
Year Built Details | Renovated Since,Unknown/Mixed |
Tax Annual Amount | 13166 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Year Built Source | Public Records |
Tax Assessed Value | 889000 |
Total Actual Rent | 5800 |
Compensation Based On | Net Sale Price |
Sub-Agency Relationship Offered | No |
Interior Features
Basement | Full |
---|---|
Flooring | Tile,Carpet,Hardwood,Pine,Vinyl / VCT,Wood,Stone/Ceramic Tile |
Total Fireplaces | 2 |
Fireplace Features | Wood Burning,Gas |
Total Stories | 3 |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Window Features | Picture Window,Box/Bay/Bow Window(s),Skylight(s),Screens |
Fireplace Y/N | Yes |
Full Baths | 3 |
Half Baths | 1 |
Laundry Features | Washer Hookup,Dryer Hookup,Electric Dryer Hookup |
Total Bedrooms | 4 |
Total Baths | 4 |
Exterior Features
Parking Features | Paved Drive,Off Street,Paved |
---|---|
Lot Features | Level |
Water Source | Public |
Total Parking | 20 |
Lot Size Area | 1.51 |
Foundation Details | Concrete Perimeter,Stone |
Spa | No |
Building Area Total | 4813 |
Lot Size Acres | 1.51 |
Road Surface Type | Paved |
Frontage Length | 233.00 |
Frontage Type | Golf Course |
Covered Spaces | 4 |
Road Frontage Type | Public |
Road Responsibility | Public Maintained Road |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool