Waterfront
Address
294 E Main St, East Brookfield, MA
Price
$ 547,500
Property Attributes
- MLS#73236201
- TypeMulti-Family
- CountyWORCESTER
- CityEast Brookfield
- Zip01515
- Style4 Family - 4 Units Up/Down
- Year Built1900
- Taxes$ 3190
- Price$ 547,500
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3534
- Lot Size0.11 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Currently operating as a restaurant with three units, this waterfront property on Lake Lashaway presents an exceptional opportunity. Featuring 3 apartments and 1 commercial space, this versatile property is ideal for investors or owner-occupants seeking mixed-use potential. Zoned commercially, it offers flexibility for various endeavors, including restaurant use (existing on the first floor), office space, or potentially retail, alongside the 3 residential units: two one-bedroom and one two-bedroom. Positioned for lakeside living intertwined with business possibilities, this property sits in a prime location. Lake Lashaway is a full recreational lake boasting a public boat ramp for fishing, jet skiing, kayaking, wakeboarding, and more. Offering a nontraditional opportunity to reside on the water while generating income, this property is sold as is, with the buyer assuming responsibility for the septic system. Given Title V failure, offers must be cash or rehab loan only.
| Price History | |
|---|---|
| 5/10/2024 | Listed $547,500 |
General Features
| Interior Features | Pantry,Internet Available - Unknown,Living Room,Kitchen,Living RM/Dining RM Combo,Dining Room |
|---|---|
| Sewer | Private Sewer |
| Heating | Forced Air,Natural Gas |
| Utilities | for Gas Range |
| Roof | Shingle |
| Appliances | Range,Refrigerator |
| Zoning | C |
| Garage Spaces | 1 |
| Patio/Porch Features | Deck |
| Exclusions | Tenants Belongings And Restaurant Fixtures Unless A Buyer Wants To Buy The Business. |
| Year Built | 1900 |
| Electric | Circuit Breakers,100 Amp Service,Individually Metered |
| View | Scenic View(s) |
| Property SubType | 4 Family - 4 Units Up/Down |
| Tax Year | 2024 |
| Gross Income | 30300 |
| Waterfront Features | Waterfront,Beach Front,Lake,Lake/Pond,1/2 to 1 Mile To Beach |
| Community Features | Public Transportation,Walk/Jog Trails,Highway Access,Public School,Sidewalks |
| County | Worcester |
| Net Operating Income | 30300 |
| Property Type | Residential Income |
| Garage Y/N | Yes |
| Total Rooms | 14 |
| Status | Active |
| Directions | Route 9 center of town. |
| City | East Brookfield |
| Disclosures | Title V failed. Septic buyer's responsibility. Tenant to provide their own smoke certificate. Sold as is! Unit 2 Tenant currently takes care of the yard and uses garage. Owner has the right to sell |
| View Y/N | Yes |
| Senior Community Y/N | No |
| Total Units | 4 |
| Lot Size Square Feet | 4600 |
| Waterfront Y/N | Yes |
| Street Name | E Main St |
| Year Built Details | Approximate |
| Tax Annual Amount | 3190 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 249800 |
| Tax Lot | 360 |
| Total Actual Rent | 2525 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Interior Entry,Concrete |
|---|---|
| Flooring | Carpet,Varies |
| Total Stories | 6 |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Half Baths | 1 |
| Total Bedrooms | 4 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Off Street,Unpaved |
|---|---|
| Lot Features | Gentle Sloping |
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 0.11 |
| Foundation Details | Stone,Brick/Mortar |
| Spa | No |
| Building Area Total | 3534 |
| Lot Size Acres | 0.11 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Covered Spaces | 1 |
| 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
Property vs Multi-Family Average in 01515
Price
Taxes
Visits
Year Built
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