BEDS8
BATHS4 full
SQUARE FEET3,202
MLS#73532389
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
62 Willow Rd is a substantially renovated 4-unit multifamily property currently generating $8,650 per month in rental income, with one 2-bed unit scheduled to become vacant as of Aug 1st. The property features a desirable unit mix of (1)3-bedroom, (2)2-bed, and (1)1-bed units totaling approximately 3,200 sqft, providing flexibility for both investors and owner-occupants. Over $350k in capital improvements have been completed, including a new septic system, deck and stairway reconstruction, full unit renovations, heating upgrades, electrical updates, plumbing improvements, and foundation/exterior work. Separate utilities for each unit help minimize operating expenses and simplify management. The upcoming vacancy presents an opportunity to increase cash flow through a market-rate lease or occupy the unit while benefiting from income generated by the remaining apartments. With significant recent improvements, off-street parking, and strong rental demand in the area. OH 6/13 & 6/14 12-2pm
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Lot Size: 0.28 Acres
Roof Type: Other
Stories: 6.0
Taxes: $6,123
Year Built: 1830
Amenities
Living Room
Kitchen
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 3202
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 2
Dwelling Type: 4 Family
Electric: Individually Metered
Exterior: Frame
Flooring: Wood
Lot Features: Cleared, Level
Parcel Number: M:05 B:021
Parking Total: 6
Patio And Porch: Porch, Deck - Wood
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Rooms Total: 18
Sewer: Public Sewer
Units: 4
Water: Public
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agent Name: Candor Investment Group
Agency Phone: 888-854-7493
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,027.47 per month $2,225.56 Principal & Interest $510.25 Property Tax $291.67 Homeowner's Insurance
62-64 Willow Rd | MLS# 73532389
This multi-family property located at 62-64 Willow Rd, Ayer, MA 01432 is currently listed for sale with an asking price of $999,995. Search Ayer real estate on www.masiellogrouprealestate.com today.