25 East St, North Grafton, MA 01536

Description

Exceptional investment opportunity in sought-after North Grafton, MA. Within 3 miles of MA Pike and Tufts. This spacious and well maintained 2 family home along with a 2,100sq stand alone garage and 7.1 acre pond. Currently, the 2 family and garage are rented at $7,100 per month. Each unit features comfortable living spaces, well- sized bedrooms and functional kitchens. Unit A includes 2 bedrooms, 1 bath, in-unit laundry with large kitchen overlooking deck and pond. Unit B includes a 3 bedrooms, 1 bath, in-unit laundry, large kitchen, 4 seasons porch overlooking scenic pond views. Additionally, the attic has a private entrance, leaving potential to make this an in-law suit or expand unit B. Recent updates over the years included; AC/Heat, central air, electric panels, landlord panel, roof, and water heaters. This residence also includes large parking areas. House, stand- alone garage, and pond are all deeded separately for future opportunities. Refer to Sub divided plans. Plans have been recently submitted to town to build on top of the stand alone garage. Refer to attached plans that show the layout of the 2 story addition on top of the existing garage. They include a 2600 sq ft 4 bedroom 3 bath, and a 900 sq ft ADU / In law Apt with 2 bedroom 2 bath overlooking peaceful pond views. Build the to be approved plans and enjoy around doubling your monthly income! Ideally located just minutes from Tufts University School of Medicine’s Grafton campus, making it an excellent option for attracting renters, including students, faculty, and staff. Builder will transfer all permits after they have been approved as part of the sale. Pond is for conservation purposes or personal use like canoeing and fishing. Recent improvements over the years include a new box culvert to property along with an on-site pond that has been recently inspected and received a positive report from the Dam Safety Department. No inspections are needed for approximately 5 years.