68-74 Sturbridge Road

Charlton, MA 01507

$989,900
Price
8
Beds
7
Baths
5,222 Sq. Ft.
$190 / Sq. Ft.
5,222
Sq. Ft.
$190
per Sq. Ft.

Description

Calling all investors. This commercial-zoned property consists of 4 buildings on 1-acre with water-frontage on Sibley Pond. The 1st building is a 2-story Commercial building leased to a personal training company with a studio apartment on the top. It has approximately 1,904 sf. The 2nd building is a 2-story Residential building with 3 units: 1 studio unit in front & a 1-bedroom unit in the back on the 1st FL, and a 2-bedroom unit on 2nd fL with a total 2,340sf. The 3rd building is a Trailer Home...Calling all investors. This commercial-zoned property consists of 4 buildings on 1-acre with water-frontage on Sibley Pond. The 1st building is a 2-story Commercial building leased to a personal training company with a studio apartment on the top. It has approximately 1,904 sf. The 2nd building is a 2-story Residential building with 3 units: 1 studio unit in front & a 1-bedroom unit in the back on the 1st FL, and a 2-bedroom unit on 2nd fL with a total 2,340sf. The 3rd building is a Trailer Home & the 4th building is A-Frame Home both standalone-detached residential properties with 1-bedroom in each. The approximately living space is 418 and 560 sf respectively. In total, the combined gross building area of all structures is approximately 5,222 sf. Currently, the property is fully occupied with 6 residential units & 1 commercial unit. The 2 billboards are Leased to Clear Channel Communication for an extra $4,250/yr. Property has been in the same family for 63 years. This is a cash cow.
  1. Listed by George Goulas • Peoples Broker Realty

Property Details for 68-74 Sturbridge Road

Town
Charlton
Area
MA-Charlton
Style
Garden
Garage Spaces
0
Parking Spaces
10.00
Parking Spaces Total
10
LISTING UPDATED: 11/24/2024 03:09 AM

Property Details for 68-74 Sturbridge Road

StatusUnder Agreement
MLS #73266779
Days on Market129
Taxes$11,190 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1990
CountyWorcester County

Building Information for 68-74 Sturbridge Road

Stories8Residences7Year Built1990Building Size-Lot Size1.00 AC / 43,560 SF

Property Information for 68-74 Sturbridge Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
  • Living Area: 5222.0
  • Color: TAN, GRAY
  • SqFt with Basement: No
  • Total Units: 7
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Approximate,Unknown/Mixed
  • Year Built Source: Public Records
Location/School
  • Grade School: Charlton Elem.
  • High School: Shepherd Hill
  • Middle School: Herritage Mid.
Features
Interior Features
  • Basement Features: Full, Interior Access
  • Num of Baths: 7.0
  • Num of Full Baths: 7
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 7
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Carpet
  • Laundry Features: Gas Dryer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Garden
  • Exterior Features: Screens, Garden Area, Deck
  • Lot Description: Cleared, Level
  • Patio And Porch Features: Deck
  • Roof Material: Shingle
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Waterfront, Beach Front, Pond, Frontage, Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
  • Waterview Features: Pond, Private
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Gas Dryer
  • Water: Private
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: The Real Estate Assessment and Taxes are the total for all the buildings on the property. Buyers to confirm data. The $2,150 Electricity Expense for 2023 includes the common areas and the electricity for Unit 72C. Property has been in the same family for 63 years. Very Desirable location. Must see!
Tax Information
  • Tax ID: M:0030 B:000D L:0000008
  • Assessments: $986,800
  • Block: D
  • Book: 35726
  • Lot: 8
  • Map: 30
  • Tax Year: 2024
  • Zoning: R40
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone, Slab
  • Frontage: 344.00
  • Heat Units: 7
  • Heat Zones: 7
Income / Expenses
  • Electricity: $21,500.00
  • Annual Expenses Source: Owner, Pro. Forma Available
  • GOI: $80,450.00
  • Gross Scheduled Income: $.00
  • Insurance: $10,343.00
  • GRE: $28,900
  • HTE: $0
  • RFS: $1,554
  • RME: $2,500
  • NOI: $51,500.00
  • Operating Expense: $28,900.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,700.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 68-74 Sturbridge Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 68-74 Sturbridge Road

This home is within Dudley-Charlton Reg School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 5 to 8
Public - 9 to 12
Public - 2 to 4
Rating
School
Distance
Charlton Elementary School
PublicPK to 1

Charlton Middle School
Public5 to 8

Shepherd Hill Regional High School
Public9 to 12

Heritage School
Public2 to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Peoples Broker Realty, George Goulas

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.