Unlock the potential of this prime commercial investment on Lake Lashaway! Zoned for mixed-use, this lakeside property is an investor’s dream. The site includes a restaurant-ready commercial space and three income-generating apartments: two 1-bedroom units and one 2-bedroom unit. With minor updates, the rental units could achieve market-rate rents, maximizing your cash flow. Positioned on a full-recreational lake, the property offers appeal for year-round activity, from boating to fishing, drawing tenants and visitors alike. Sold as-is, with the buyer to address septic system replacement (Title V failure disclosed; septic design available in MLS). Perfect for cash or rehab loan buyers ready to seize this high-return waterfront opportunity!
The median home value in East Brookfield, MA is $400,000. This is higher than the county median home value of $398,500. The national median home value is $338,100. The average price of homes sold in East Brookfield, MA is $400,000. Approximately 65.42% of East Brookfield homes are owned, compared to 18.75% rented, while 15.83% are vacant. East Brookfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Brookfield real estate agent to arrange a tour today!
East Brookfield, Massachusetts has a population of 2,040. East Brookfield is less family-centric than the surrounding county with 18.65% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in East Brookfield, Massachusetts is $70,660. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in East Brookfield is 50.6 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 13.9 degrees. The average rainfall is approximately 49.5 inches per year, with 49.2 inches of snow per year.