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
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. 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!
More Information MLS# 242239
Contract Information
Original List Price: 798500
Limited Service: No
Agent Interest: None
Current Price: $735,000
Status: Closed
List Date: 2023-12-28
Sold Price: $735,000
Location, Tax & Legal
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.
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
General Property Description
Realtor.COM Type: Multi-Family
Total Bathrooms: 4
Parking Spaces: 6
Parking Spaces Type: Off Street
Sq Ft Source: Owner
Total Rooms: 10
Total Bedrooms: 6
Garage Stalls: 0
Unit Style: Flat
Year Built Source: Assessor
Yr Blt Description: Approximate
Lot Size Dimensions: Irregular
Lot Size SqFt: 36155
Frontage Apx: 231
Betterment: N/A
Sq Ft Liv Apx: 2557
Total Full Baths: 4
Year Built Apx: 1979
Acres Apx: 0.83
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: 1
Appliances Incl
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Basement
Finished-Partially: 1
Interior Access: 1
Walkout: 1
Exterior Entrance: 1
Exterior Amenities
Deck: 1
Landscaped: 1
Deciduous Shade Trees: 1
Mature Landscaping: 1
Flood Hazard Area
Unk: 1
Floor
Ceramic Tile: 1
Laminate: 1
Wood: 1
Fuel
Electric: 1
Garage
None: 1
Heat/Cool/Vent
Electric: 1
Multizone: 1
Hot Water
Electric: 1
Interior Amenities
Radon Mitigation System: 1
Cable Avail: 1
Cathedral Ceilings: 1
Central A/C: 1
Fireplace(s): 1
Inlaw/ Guest Qtrs: 1
Pets Allowed: 1
Internet Service
Cable Available: 1
Lead Paint
Unk: 1
Lot Description
Paved Drive: 1
Title V
Not Applicable: 1
Underground Oil Tank
Unk: 1
Water
Public: 1
Right to Farm Comm
Yes: 1
Sewer
Public: 1
No of Units
4 Family: 1
Building Info
Exterior Color: Butter/Blue
Right of Way
Unk: 1
Incl in Rent
Parking: 1
Electric Type
100 Amp: 1
Circuit Breaker: 1
Views
Pastoral: 1
Construction
Wood Frame: 1
Roof
Asphalt: 1
Style
Bungalow: 1
Colonial: 1
Zoning
Multi: 1
Residential: 1
Insulation
Unknown: 1
Seller Disc
No: 1
Exterior Siding
Clapboard: 1
Laundry
In Basement: 1
In Unit: 1
Heating Sys #
Heating Sys #: 4
Hot Wtr Sys #
Hot Wtr Sys#: 4
Electric Meters #
Electric Meters #: 4
Mandatory HOA
No: 1
Possession
Close Of Escrow: 1
Financing
Conventional: 1
Status Change Info
Status Change Date: 2024-04-23
Under Contract Date: 2024-04-05
Contingent: No
Sold Date: 2024-04-23
Sold Price: $735,000
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
Deed ›
Listing Office:
WILLIAM PITT SOTHEBY'S - LENOX
Listing Agent:
Nick Geranios
Last Updated: September - 01 - 2024
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