16 California Court Clinton — Photo 1 of 42
$699,900
Investment Analysis — 16 California Court
Clinton, MA 01510
Based on rent reported on the MLS listing, a 3-unit multi-family in 01510 carries $6,000/mo in gross rent — about a 6.90% cap rate and $48,275/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
3,743
Style
3 Family - 3 Units Up/Down
Built
1900
Looking for a nice, solid income property? Look no further. This home has been in the same family for generations and has been meticulously maintained inside and out. Some cosmetic updates needed but all the big ticket items have been done!! The roof is only 2 years old, property was vinyl sided and windows replaced, most electric updated and the walk out level basement apartment was completely renovated with luxury vinyl flooring and a new bath. The 2nd floor apartment has a walk-up finished attic that could add 2 more bedrooms not counted in the 3,743 square feet of living space. Both first and second floors have beautiful woodwork, french doors and gleaming hardwood flooring throughout with enclosed porches/sunrooms and a fantastic view of the Nashua River and Damn. All utilities are separate and there is a detached 2 car garage. And the best part: All of the apartments are vacant so if you are a multi-generation household looking to share space or an investor the apartments are ready for all new tenants to move-in!! Within walking distance to Central Park, Wachusett Damn, Russian Icon Museum and all the vibrant downtown restaurants and stores that Clinton has to offer. Easy commute with access to Rts. 62, 110 495, 117 and 2.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Listing Agent: Nancy Moran
Listing Office: Realty Vision
MLS® Number: 73557565
