NOT LISTED FOR SALE
8 Beds
4 Baths
3,584 Sq Ft
0.34 Acres

Last Sold May 23, 2024

Last sale price $900,000 $251 Per Sq Ft

9 Days on Market

About This Home

As of May 2024

** THIS IS THE ONE ** Very beautifully maintained 4-family in a SPECTACULAR location in the great city of Worcester. Built in 1970 a true gem completely lead free. This property features newer decks, windows, roof and updated units. All units are 2 bedrooms, with 1 bath. Great backyard and paved driveway. All tenants would like to stay, there are currently no leases. Offers due Wednesday 03/27/2024 by 5:00 PM, please make them valid through next day at 5:00 PM.

Last Agent to Sell the Property

Lina To Carter

Cedar Wood Realty Group Listed on: 03/18/2024

Co-Listed By

Nataly Dernulc

Property Investors & Advisors, LLC

Last Buyer's Agent

Marcia Pessanha

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,421

Year Built

  • Built in 1970

Lot Details

  • 0.34

Home Design

  • Quadruplex
  • Manufactured Home on a slab
  • Shingle Roof

Interior Spaces

  • 3,584 Sq Ft Home
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Additional Features

  • 0.34 Acre Lot
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $5,950
  • Assessor Parcel Number 1799569

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Insurance Expense $3,500
  • Operating Expense $3,500
  • Net Operating Income $67,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,421

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • Year Built: 1970
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Laundry Room
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 3584
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN0475
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Slab
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 1799569
  • Zoning: RS-7
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 15000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11421

Multi Family

  • Insurance Expense: 3500
  • Net Operating Income: 67900
  • Number Of Units Total: 4
  • Operating Expense: 3500
  • Total Actual Rent: 5950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
05/23/2024 05/23/24 Sold $900,000 -7.7% $251 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $975,000 +148.4% $272 / Sq Ft
08/24/2016 08/24/16 Sold $392,500 -4.2% $110 / Sq Ft View Prior Sale
07/24/2016 07/24/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $409,900 -- $114 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $9,320 $706,600 $89,300 $617,300
2024 $8,617 $626,700 $89,300 $537,400
2023 $8,402 $585,900 $48,600 $537,300
2022 $7,296 $479,700 $38,900 $440,800
2021 $7,035 $432,100 $31,100 $401,000
2020 $6,319 $371,700 $28,800 $342,900
2019 $6,401 $355,600 $26,900 $328,700
2018 $5,987 $316,600 $26,900 $289,700
2017 $5,580 $290,300 $26,900 $263,400
2016 $4,386 $212,800 $39,600 $173,200
2015 $4,271 $212,800 $39,600 $173,200
2014 $4,158 $212,800 $39,600 $173,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73213573

MLS Property Information Network (MLS PIN)