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16 Lebanon Street
Malden, MA 02148

Phone: (617) 230-3957 Fax: (781) 322-9002
Website: www.joedugganproperties.com
Email: joe@joedugganproperties.com
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Oct-20-2017 01:49:26 pm Contact Agent Request Showing
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Springfield, MA. 01105-1921


MLS # 71811589 - Sold
Multi-Family 5-9 Family    

List Price $745,000 Days on Market  
List Date   # Units 11
Sale Price $685,000 # Floors  
Sold Date 6/26/17 Rooms 18
Assessed Value $356,600 Bedrooms 14
Gross Living Area 14,411SF Full Baths 12
Lot Size 1.60A Half Baths 1
Taxes $8,600.00 Fireplaces  
Tax Year 2017 Basement Yes
Zoning R3 Waterfront No
Est. Street Front 230 ft. Beach Nearby No
Year Built 1900 Parking Spaces 15
    Garage Spaces 3
Remarks:
Motivated Seller, 11-Multi unit property plus carriage house with potential for remodel and continued growth. Built strong in 1900, will soon overlook the city's new casino! Situated at the high point of Historic Maple Hill! Perfect view of the city and river valley exceptional amenities renters prefer, each unit has it's own charm. The only one of it's kind in the South End Central District. Original etched/carved woodworking throughout the property, beamed ceilings, stained glass windows, hardwood flooring, custom glass cabinets, Eight fireplaces, one brick and seven marble, rounded bay windows, crystal chandeliers, high ceilings, built-in cabinets, brass fixtures, dressing rooms, balconies and 3 car stalls in an unfinished Carriage house. See Ariel video, 1/3Brm, 1/2, 3/1, 6 Studios.
Features
Amenities   Public
   Transportation,
   Shopping, Park, Medical
   Facility, Laundromat,
   Highway Access, House of
   Worship, Marina,
   Private School, Public
   School, T-Station,
   University, Other (See
   Remarks)
Basement   Partial,
   Crawl, Partially
   Finished, Walk Out,
   Interior Access, Dirt
   Floor, Concrete Floor
Construction   Brick,
   Stone/Concrete
Electricity   110 Volts,
   Circuit Breakers,
   Individually Metered
Energy   Storm Doors
Exterior   Wood, Shake
Exterior Feat.   Porch,
   Deck - Roof, Balcony,
   Gutters, City View(s),
   Garden Area, Other (See
   Remarks)
Flooring   Wood, Tile,
   Vinyl, Wall to Wall
   Carpet, Hardwood, Pine
Foundation   Concrete
   Block, Brick
Foundation Size   0000
Heating Zones   1
Hot Water   Oil, Tank
Lead Paint   Unknown
Lot   Paved Drive,
   Underground Storage Tank,
    City View(s), Gentle
   Slope, Scenic View(s)
Parking   Off-Street,
   Common, Paved Driveway
Road   Public, Paved,
   Publicly Maint.,
   Sidewalk
Roof   Slate
Sewage District   Spfld
Sewer / Water   City/Town
   Sewer, City/Town Water
UFFI   No
Utility Connections   for
   Gas Range, for Electric
   Range, for Gas Oven,
   for Gas Dryer, for
   Electric Dryer, Washer
   Hookup
Warranty   Yes
Units
Common Features Appliances: Washer, Dryer; Interior Features: Cathedral/Vaulted Ceilings, Picture Window, Wall
     to Wall Carpet; Rooms: Laundry, Sunroom; Heating: Oil; Cooling: None
Unit 1 Appliances: Range, Refrigerator; Bedrooms: 1; Cooling: None; Floor: 1; Fireplaces: 1; Full Baths:
     1; Heating: Oil; Interior: Fireplace - Wood burning, Wood Flooring, Bathroom With Tub & Shower,
     Box/Bay/Bow Window(s); Lease: No; Levels: 1; Rent: 1220; Rent Includes: Heat, Water, Hot Water;
     Rooms: 3; Rooms Desc.: Dining Room, Kitchen
Unit 2 Appliances: Range, Refrigerator; Bedrooms: 3; Cooling: None; Floor: 1; Fireplaces: 2; Full Baths:
     1; Heating: Oil; Interior: Fireplace - Wood burning, Hardwood Floors, Bathroom With Tub & Shower,
     Open Floor Plan; Lease: No; Levels: 1; Rent: 1100; Rent Includes: Heat, Water, Hot Water; Rooms:
     5; Rooms Desc.: Kitchen
Unit 3 Appliances: Range, Refrigerator; Bedrooms: 2; Cooling: None; Floor: 3; Full Baths: 1; Heating: Oil;
     Interior: Crown Molding, Fireplace - Wood burning, Hardwood Floors, Bathroom With Tub & Shower;
     Lease: No; Levels: 1; Rent: 1000; Rent Includes: Heat, Water, Hot Water; Rooms: 4; Rooms Desc.:
     Kitchen
Unit 4 Appliances: Range, Refrigerator; Bedrooms: 1; Cooling: None; Floor: 2; Fireplaces: 1; Full Baths:
     1; Heating: Oil; Interior: Pantry, Hardwood Floors, Bathroom With Tub & Shower; Lease: No; Levels:
     1; Rent: 900; Rent Includes: Heat, Water, Hot Water; Rooms: 3; Rooms Desc.: Living Room, Kitchen
Financial Info
Electricity   $1,619
Expenses Source   Owner
   Provided
Expenses Year End   05/16
Gross Expenses   $40,000
Gross Oper. Income  
   $117,400
Heat   $13,000
Insurance   $10,821
Management Fee   $1,200
Net Oper. Income   $77,400
Refuse Removal   $1,284
Repairs & Maint.   $1,400
Sewage   $1,169
Water   $1,399
Additional Information
APOD Available?   Yes
Adult Community   No
Anticipated Sale Date  
   06/23/2017
Deed   Book: 9696, Page:
   108
Disclosures   Property
   heats with oil controlled
   by owner water heats with
   oil as well. Owner pays
   for water/sewer and waste
   disposal. Each apartment
   is separately metered for
   gas and electric,
   cooking ranges are gas
   with a few electric.
   Roof is 3 years old,
   circuit breakers 3 years
   old, heating system new
   2014
Exclusions   One tenant
   has private washer,
   dryer, stove and
   refrigerator. All other
   appliances stay with
   sale.
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   approximate
Off Market Date   4/19/17
Parcel #   S:08218 P:0067
Seller Disclosure Doc   No
Short Sale   No
Terms   Lender Approval
   Required, Other (See
   Remarks)
Year Built Desc.  
   Approximate, Renovated
   Since
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 6/26/17 3:56pm

Courtesy: MLSPIN

Contact agent for more information about this listing
Listing Office: Keller Williams Realty Listing Agent: Shirley Simolari


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