Office - Portside Real Estate

94 King Street, Hanover, MA 02339  

Multi-Family
$470,000
Price
2
Units
1,855
Approx. GLA
Looking for an investment property where you could be cash flow positive at closing? Or live in one unit and rent the other to have a mortgage less than renting? This beautifully updated and separately metered Two Family may be perfect. The first floor/owner’s unit offers an open floor plan with an updated kitchen; refinished hardwood floors throughout; a gas furnace (˜5 yrs old); hot water heater (2019); 2 bedrooms; a mudroom; private deck; and use of a finished room in the basement. Unit 2 on the second floor offers new carpet flooring throughout; 2 bedrooms; hot water heater (2014); and a gas furnace (˜20 years old). Both units offer forced hot air so central air could be easily added if desired. The building offers wood shingles (˜8 yrs old); aluminum gutters (˜5 yrs old); asphalt roof (˜15 yrs old); and a new septic in 2011 which has already passed Title V. Call today to schedule a showing! Showings start immediately.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Partially Finished, Concrete Floor
List Price: $470,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Under Agreement
Beds: 4
Baths: 2
Units: 2
Year Built: 1910
Year Round: Yes
Approx. GLA: 1,855
MLS#: 72576653
Interior
Basement: Yes
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 2
Heating Zones: 2
Flooring: Wall to Wall Carpet, Hardwood
Rooms: 9
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.21
Lot Size: 9,148.00
Lot Description: Level
Foundation: Poured Concrete
Foundation Size: 29x28
Parking Spaces: 4
Parking Features: Off-Street, Stone/Gravel
Road Type: Public
Color: Natural
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Shingles, Wood
Exterior Features: Porch, Deck, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Title 5: Pass
Lender Owned: No
APOD Available: No
Assessed Price: $343,100
Taxes: $5,630
Tax Year: 2019
Book/Page: 12229/76
Beach
Beach: No
Expenses
Gross Income: $36,000
Total Rent: $3,000
Net Income: $36,000
Additional
Amenities: Shopping, Park, Medical Facility, Conservation Area, Highway Access, Public School
Disclosure Declaration: No
Disclosure: Rents are estimated market rents. Seller is a licensed salesperson. Offers to be handled as received. Showings start immediately.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 No 2 $1,600
Unit 2 4 2 0 2 1 0 No 1 $1,400
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Open Floor Plan, Remodeled, Hardwood Floors, Balcony/Deck  Rooms:  Living Room, Kitchen, Mudroom, Office/Den 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet  Rooms:  Living Room, Kitchen 
Map
Area Sales
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The listing office is Portside Real Estate and the listing agent is Richard Baker Jr.. 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 it's 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. The data was last modified on 12/18/2018 2:44:00 PM.
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