360 Spring St, Lee, MA 01238

$735,000
Property Type: MultiFamily Bedrooms: 6 Baths: 4 Square Footage: 2,557 Lot Size (sq. ft.): 36,155 Status: Closed
Current Price: $735,000 List Date: 12/28/2023 Last Modified: 9/01/2024

Overview

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.

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. ...

Listing Details MLS# 242239

Location, Tax & Legal

Registry
Middle Registry
Street #
360
Street Name
Spring
Street Ext
St
State/Province
MA
Postal Code
01238
Map Ref
M:012 B:00 L:0000-0174.0
Village
South Lee
Assess Amt
481600
Elem School
Lee
Middle School
Lee
High School
Lee
Assessed Year
2024
Taxes
5477.52
Tax Year
2024
Page
39
Concessions
$4,000.00 closing cost credit.

Contract Information

Original List Price
798500
Limited Service
No
Agent Interest
None

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
Garage Stalls
0

Status Change Info

Status Change Date
2024-04-23
Under Contract Date
2024-04-05
Contingent
No
Sold Date
2024-04-23

Building Info

Exterior Color
Butter/Blue

Heating Sys #

Heating Sys #
4

More Information

Hot Wtr Sys #

Hot Wtr Sys#
4

Electric Meters #

Electric Meters #
4

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!

Restrict Covenants

Unk
Yes

Appliances Incl

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Finished-Partially
Yes
Interior Access
Yes
Walkout
Yes
Exterior Entrance
Yes

Exterior Amenities

Deck
Yes
Landscaped
Yes
Deciduous Shade Trees
Yes
Mature Landscaping
Yes

Flood Hazard Area

Unk
Yes

Floor

Ceramic Tile
Yes
Laminate
Yes
Wood
Yes

Fuel

Electric
Yes

Garage

None
Yes

Heat/Cool/Vent

Electric
Yes
Multizone
Yes

Hot Water

Electric
Yes

Interior Amenities

Radon Mitigation System
Yes
Cable Avail
Yes
Cathedral Ceilings
Yes
Central A/C
Yes
Fireplace(s)
Yes
Inlaw/ Guest Qtrs
Yes
Pets Allowed
Yes

Internet Service

Cable Available
Yes

Lead Paint

Unk
Yes

Lot Description

Paved Drive
Yes

Title V

Not Applicable
Yes

Underground Oil Tank

Unk
Yes

Water

Public
Yes

Right to Farm Comm

Yes
Yes

Sewer

Public
Yes

No of Units

4 Family
Yes

Right of Way

Unk
Yes

Incl in Rent

Parking
Yes

Electric Type

100 Amp
Yes
Circuit Breaker
Yes

Views

Pastoral
Yes

Construction

Wood Frame
Yes

Roof

Asphalt
Yes

Style

Bungalow
Yes
Colonial
Yes

Zoning

Multi
Yes
Residential
Yes

Insulation

Unknown
Yes

Seller Disc

No
Yes

Exterior Siding

Clapboard
Yes

Laundry

In Basement
Yes
In Unit
Yes

Mandatory HOA

No
Yes

Possession

Close Of Escrow
Yes

Financing

Conventional
Yes

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 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

Documents

Listing Office: WILLIAM PITT SOTHEBY'S - LENOX
Listing Agent: Nick Geranios
Last Updated: September - 01 - 2024
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