274 Union St, Ashland, MA 01721
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$875,000
3 Unit
4 Beds
3 Baths
2400 SQFT
0.38 Acre

Property Description

1st time available in 46 years. Prime Route 135, corner of Union and Main location. Fantastic visibility, High Traffic count, on the Boston Marathon route. Your Sign will be like a Billboard for thousands to see every day. This property has mixed use zoning, large flat lot with 338+-of frontage. Offers great tear down and rebuild potential for 1st floor professional office space with upper floor apartments. Ashland is a business friendly town offering programs, grants and access to a 2 year interest free loan program to buy, build or renovate. See site, https://www.ashlandmass.com/669/Business-Incentive-Programs. The existing structure is a two-family with 1st floor office and apartments on 1st and 2nd floor. *note, 1st floor apartment once part of office space. Large detached barn. Great Schools, State Park, Town Forest, Mill Pond Park, quaint downtown with a Norman Rockwell feel. Minutes to Train, Mass Pike, Rte. 9, 495. Opportunities to buy a property like this are rare.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Country Kitchen, Other (See Remarks), Pantry, Tile Floor, Walk-Up Attic
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Expenses Source: Limited Information, Other (See Remarks)
  • Gross Operating Income: 42480
  • Gross Expenses: 16686
  • Net Operating Income: 42480

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps, Individually Metered, Varies per Unit
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Oven, for Gas Dryer, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73286911
  • Last Updated: 09/13/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/11/2024Active$875,000$365MLSPIN
09/11/2024Active$875,000$365MLSPIN
09/07/2024New$875,000$365MLSPIN
09/07/2024New$875,000$365MLSPIN
08/13/2024Canceled$995,000$415MLSPIN
08/13/2024Canceled$995,000$415MLSPIN
06/10/2024Active$995,000$415MLSPIN
06/10/2024Active$995,000$415MLSPIN
06/06/2024New$995,000$415MLSPIN
06/06/2024New$995,000$415MLSPIN

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Seller's Representative: Matt Cuddy, CUDDY Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-09-13 08:40:00

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