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118 Vine
Saugus, MA. 01906

Essex County
Directions: Lincoln Ave To Vine Street

MLS # 72192830 - Sold
Multi-Family 3 Family    

List Price $619,900 Days on Market  
List Date   # Units 3
Sale Price $575,000 # Floors  
Sold Date 9/14/17 Rooms 11
Assessed Value $392,800 Bedrooms 4
Gross Living Area 2,059SF Full Baths 3
Lot Size 10,311SF Half Baths 0
Taxes $4,733.21 Fireplaces  
Tax Year 2017 Basement Yes
Zoning Res Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1910 Parking Spaces 8
    Garage Spaces 2
Remarks:
Wonderful income opportunity! Rare find in Saugus, 3/family with 2 (1 )bedroom units on first level, and a recently renovated two bedroom townhouse style unit, with private deck, on the 2nd and 3rd levels. Newly carpeted common areas. Coin-op dryer in basement, washer hook-ups for tenants. Detached 2/car garage includes loft area, and is currently being rented for $600/month. Large, well maintained grassy lot, with paved parking for 8 cars. Close to Rt. 1, public transportation, and Saugus bike trail.
Features
Amenities   Public
   Transportation,
   Shopping, Walk/Jog
   Trails, Highway Access
Basement   Full
Foundation   Fieldstone
Lead Paint   Unknown
Lot   Paved Drive
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections  
   Washer Hookup
Units
Common Features Heating: Oil
Unit 1 Bedrooms: 1; Floor: 1; Full Baths: 1; Lease: No; Levels: 1; Rent: 1150; Rooms: 3
Unit 2 Bedrooms: 1; Floor: 1; Full Baths: 1; Lease: No; Levels: 1; Rent: 1100; Rooms: 3
Unit 3 Bedrooms: 2; Floor: 2; Full Baths: 1; Lease: No; Levels: 2; Rent: 1750; Rooms: 5
Financial Info
Expenses Year End   12/16 Gross Expenses   $8,475 Gross Oper. Income  
   $55,200
Net Oper. Income   $46,725
Additional Information
APOD Available?   Yes
Anticipated Sale Date  
   09/15/2017
Deed   Book: 7080, Page:
   383
Disclosures   Leases are
   TAW, townhouse unit to be
   delivered vacant. Gross
   income reflects an
   additional $7200/year in
   rent coming from garages
   ($600/mo.)
Foreclosure   No
GLA Source   Public Record
Off Market Date   7/25/17
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.   Actual
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 9/14/17 4:31pm

Courtesy: MLSPIN

Listing Office: RE/MAX Legacy Listing Agent: Stefanie Spadafora


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