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751 Washington StreetAuburn, MA 01501MLS Number 72592078

  • Price: $2,800,000
  • 27 Days on Market
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Federal 30-year interest rate: 3.68% last updated on Dec 5, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 4.8Acreage

Incredible Investment and Income Opportunity - 38 site mobile home park with pond views on a prime 4.8 acre lot. This park has been family owned and operated for 40+ years, is very well maintained and has always maintained close to 100% occupied. All trailers are park owned and have been updated over the years. There are 37 one-bedroom units and 1 two-bedroom unit. There is a brick two-family building at the front of the site that includes two of the rental units along with an onsite coin-op laundromat and a maintenance garage and office. High demand for affordable rentals in the area make this a great value add opportunity along with the possibility to add additional units. Offered at an attractive CAP rate of 7.63%.

Listed by James Glickman of NAI Glickman Kovago & Jacobs

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More Info

Parking

  • Parking Spaces60

Building

  • Rsu Units38
  • No Buildings38
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg181100

Basic Information

  • StatusACT
  • MLS Number72592078
  • Prop TypeCI
  • Status Date2019-11-13T15:54:00
  • Date Listed11/13/2019
  • List Price$2,800,000
  • LeaseNo
  • DirectionRoute 20 near intersection of I-395

Photos

  • Photo Date2019-11-13T15:54:00
  • Number of Photos7

Location

  • StreetWashington Street
  • TownAuburn
  • StateMA
  • Zip01501
  • CountyWorcester

Property

  • Acreage4.8
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size209088
  • Assessed Value Land553200
  • Main LoAN2432

Other

  • Modification Date2019-11-17T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book13833
  • Listing AgreementExclusive Right to Sell
  • ExchangeNo
  • Firm Rmk1Contact David Eldredge at 617-930-4684
  • Page320

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.

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