294 E Main St East Brookfield, MA 01515
Estimated payment $3,571/month
Highlights
- Lake View
- Deck
- Jogging Path
- Waterfront
- Property is near public transit and schools
- Forced Air Heating System
About This Home
NEW SEPTIC TO BE INSTALLED! Prime income-producing waterfront asset on Lake Lashaway. Features three residential units—two 1-bedrooms and one 2-bedroom—plus a flexible commercial space ideal for retail, office, or café. All units are currently rented below market, offering significant upside for increased cash flow. Lease all for maximum return or occupy one and offset expenses. Located on a full-recreational lake with high year-round demand. Strong rental history, flexible zoning, and attractive waterfront setting make this a strategic opportunity. Septic design on file and approved by the town.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,190
Year Built
- Built in 1900
Lot Details
- 4,600 Sq Ft Lot
- Waterfront
- Gentle Sloping Lot
Parking
- 1 Car Garage
- Unpaved Parking
- Open Parking
- Off-Street Parking
Property Views
- Lake
- Scenic Vista
Home Design
- Quadruplex
- Brick Foundation
- Stone Foundation
- Shingle Roof
Interior Spaces
- 3,534 Sq Ft Home
- Property has 1 Level
- Combination Dining and Living Room
- Carpet
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Interior Basement Entry
- Block Basement Construction
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
- Private Sewer
- Internet Available
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Legal Lot and Block 360 / 130
- Assessor Parcel Number M:0042 B:0130 L:00360,3246024
Community Details
Recreation
- Jogging Path
Additional Features
- 4 Units
- Net Operating Income $30,300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,928 | $383,800 | $144,500 | $239,300 |
| 2024 | $3,190 | $249,800 | $57,800 | $192,000 |
| 2023 | $3,275 | $249,800 | $57,800 | $192,000 |
| 2022 | $3,366 | $248,800 | $57,800 | $191,000 |
| 2021 | $3,690 | $248,800 | $57,800 | $191,000 |
| 2020 | $3,529 | $238,100 | $57,800 | $180,300 |
| 2019 | $3,605 | $218,900 | $57,800 | $161,100 |
| 2018 | $3,336 | $215,800 | $57,000 | $158,800 |
| 2017 | $3,272 | $201,000 | $52,800 | $148,200 |
| 2016 | $3,324 | $190,400 | $52,800 | $137,600 |
| 2015 | $3,305 | $190,400 | $52,800 | $137,600 |
| 2014 | $3,317 | $190,400 | $52,800 | $137,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/04/2025 07/04/25 | For Sale | $619,000 | 0.0% | $175 / Sq Ft |
| 03/31/2015 03/31/15 | Rented | $650 | 0.0% | -- |
| 03/01/2015 03/01/15 | Under Contract | -- | -- | -- |
| 11/20/2014 11/20/14 | For Rent | $650 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $75,000 | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73399673
APN: EBRO-000042-000130-000360
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