$749,850
Lee, MA 01238
MLS# 242239
Status: Closed
6 beds | 4 baths | 2557 sqft
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Property Description
Situated on one of Lee's most picturesque streets, this terrific multi family residence boasts a prime location, beautiful renovations, a gorgeous yard as well as many smart updates. Currently set up as a triplex multi-family dwelling, plus a separate guest cottage, this four unit property offers both flexibility and versatility and has the potential to be a robust income generator. The property has been meticulously maintained by its current owner, with recent updates of mini-split heat and air conditioning units and a new driveway. Each dwelling unit has its own distinct charm and generous space. The primary unit, on the second floor of the main house, offers an open concept floor plan and is flooded with sunlight.
Details
Maps
Documents
Contract Information
Current Price: $735,000
Status: Closed
List Date: 2023-12-28
List Price: $749,850
Original List Price: 798500
Limited Service: No
Agent Interest: None
BAC: 2.25
BAC Type: %
NAC Type: %
Location, Tax & Legal
Registry: Middle Registry
Street #: 360
Street Name: Spring
Street Ext: St
Village: South Lee
State/Province: MA
Postal Code: 01238
Elem School: Lee
Middle School: Lee
High School: Lee
Assess Amt: 481600
Assessed Year: 2024
Taxes: 5477.52
Tax Year: 2024
Page: 39
Map Ref: M:012 B:00 L:0000-0174.0
Concessions: $4,000.00 closing cost credit.
General Property Description
Realtor.COM Type: Multi-Family
Sq Ft Liv Apx: 2557
Sq Ft Source: Owner
Total Rooms: 10
Total Bedrooms: 6
Total Full Baths: 4
Total Bathrooms: 4
Parking Spaces: 6
Parking Spaces Type: Off Street
Unit Style: Flat
Year Built Apx: 1979
Year Built Source: Assessor
Yr Blt Description: Approximate
Lot Size Dimensions: Irregular
Acres Apx: 0.83
Lot Size SqFt: 36155
Betterment: N/A
Frontage Apx: 231
Status Change Info
Status Change Date: 2024-04-23
Under Contract Date: 2024-04-05
Contingent: No
Sold Date: 2024-04-23
Sold Price: 735000
Remarks & Misc
Additional Disclosures: Currents sellers have used units for personal use and not as rentals so no 'rent rolls' are available. They do use guest cottage as a short term rental with varying rates.
Propane fireplace in guest cottage currently disconnected.
Directions: Summer Street to Spring Street. House on left.
Marketing/Headline: Rare Income Producing Property in Lovely Lee!
Building Info
Exterior Color: Butter/Blue
Heating Sys #
Heating Sys #: 4
Hot Wtr Sys #
Hot Wtr Sys#: 4
Electric Meters #
Electric Meters #: 4
Property Features
No of Units: 4 Family
Restrict Covenants: Unk
Title V: Not Applicable
Underground Oil Tank: Unk
Water: Public
Sewer: Public
Right to Farm Comm: Yes
Flood Hazard Area: Unk
Right of Way: Unk
Incl in Rent: Parking
Views: Pastoral
Lot Description: Paved Drive
Electric Type: 100 Amp; Circuit Breaker
Style: Bungalow; Colonial
Interior Amenities: Cable Avail; Cathedral Ceilings; Central A/C; Fireplace(s); Inlaw/ Guest Qtrs; Pets Allowed; Radon Mitigation System
Internet Service: Cable Available
Exterior Amenities: Deck; Landscaped; Deciduous Shade Trees; Mature Landscaping
Appliances Incl: Dishwasher; Dryer; Range; Refrigerator; Washer
Construction: Wood Frame
Exterior Siding: Clapboard
Roof: Asphalt
Basement: Finished-Partially; Interior Access; Walkout; Exterior Entrance
Floor: Ceramic Tile; Wood; Laminate
Garage: None
Heat/Cool/Vent: Electric; Multizone
Fuel: Electric
Hot Water: Electric
Insulation: Unknown
Laundry: In Basement; In Unit
Lead Paint: Unk
Zoning: Multi; Residential
Seller Disc: No
Mandatory HOA: No
Financing: Conventional
Possession: Close Of Escrow
Supplements
This unit is highlighted by a beautifully renovated kitchen with open shelving, tile backsplash, stainless appliances and solid surface countertops, 2 ample sized bedrooms and captivating rear yard and pastoral views. The first level encompasses a sizable 2-bedroom unit with expansive living areas including an eat-in kitchen and large living room. Additionally the lower level houses a spacious studio apartment with a separate, fully applianced kitchenette and patio. Each unit boasts its private laundry facilities for added convenience. Not to be overlooked, the charming guest cottage is a standout feature, equipped with a full kitchen, laundry amenities, a cozy propane gas fireplace, built-in storage solutions, an inviting deck, and distinctive architectural elements, including a cozy sleeping loft. For those envisioning a different layout, the property offers the flexibility to revert to a single-family configuration, with the cottage serving as an ideal in-law or guest suite. Seize this unparalleled opportunity!
Deed 
Listing Office: WILLIAM PITT SOTHEBY'S - LENOX
Listing Agent: Nick Geranios
Last Updated: April - 23 - 2024
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Friday 3rd of May 2024 05:39 PM