NOT LISTED FOR SALE

1 Poplar St Worcester, MA 01606

Indian Lake East Neighborhood
8 Beds
4 Baths
4,562 Sq Ft
4,375 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $500,000 $110 Per Sq Ft

13 Days on Market

Highlights

  • Scenic Views
  • Living Room
  • Heating System Uses Natural Gas
  • Waterfront

About This Home

As of August 2022

WATERVIEW 4 family on Indian Lake with separate utilities for all units. Each apartment has a large layout with plenty of space. Great investment property for anyone looking to invest in the rapidly rising real estate market of Worcester. Open House Friday April 22nd, at 4pm-6pm, and Sunday April 24th, at noon to 2pm. ALL OFFERS IN BY 5pm on April 26th, 2022. WILL REVIEW ON THURSDAY April 28th, 2022. SELLER HAS THE RIGHT TO ACCEPT AN OFFER AT ANYTIME.

Last Agent to Sell the Property

Herby Blanc

Property Investors & Advisors, LLC Listed on: 04/14/2022

Last Buyer's Agent

Paul O'Rourke

The O'Rourke Group Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,833

Year Built

  • Built in 1923

Lot Details

  • 4,375 Sq Ft Lot
  • Waterfront

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,562 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Scenic Vista Views
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 110 Volts

Listing and Financial Details

  • Total Actual Rent $3,925
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:13 B:018 L:00002,1775265

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Water Sewer Expense $1,700
  • Operating Expense $2,450
  • Net Operating Income $47,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,833

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1923
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 10

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Partially Finished, Walk-Out Access, Concrete
  • Living Area: 4562
  • Spa YN: No
  • Stories Total: 10
  • Window Features: Insulated Windows
  • MAIN LO: AN6800
  • MAIN SO: AN5361

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Unimproved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: None
  • Heating: Electric, Natural Gas
  • Cooling Y N: No
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1700

Lot Info

  • Parcel Number: M:13 B:018 L:00002,1775265
  • Zoning: RS-7
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4375
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5833

Multi Family

  • Net Operating Income: 47100
  • Number Of Units Total: 4
  • Operating Expense: 2450
  • Total Actual Rent: 3925
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2022 08/31/22 Sold $500,000 -8.9% $110 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $549,000 +192.0% $120 / Sq Ft
05/05/2014 05/05/14 Sold $188,000 -26.2% $57 / Sq Ft View Prior Sale
04/05/2014 04/05/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $254,800 -- $77 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Herby Blanc

    Property Investors & Advisors, LLC

    (774) 295-0808

    2 in this area

    7 Total Sales

    Herby Blanc
    Section Image
  • Paul O'Rourke

    Buyer's Agent in 2022

    Paul O'Rourke

    The O'Rourke Group Real Estate Professionals

    (774) 312-6615

    2 in this area

    103 Total Sales

    Paul O'Rourke
    Section Image

  • T

    Seller's Agent in 2014

    Tracy Barber

    Real Broker MA, LLC

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72966893

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Worcester 01606 Indian Lake East

1 Poplar St, Worcester, MA

Not Listed for Sale

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