NOT LISTED FOR SALE
17 Beds
14 Baths
9,915 Sq Ft
0.26 Acres

Last Sold September 30, 2021

Last sale price $2,100,000 $212 Per Sq Ft

About This Home

As of September 2021

Situated on a corner lot and just steps to Clark University, the converted church features 12 oversized apartments on three levels with eight one-bedrooms and four two-bedrooms apartments. Each apartment features modern kitchens and baths with granite and stainless steel appliances. The property features 24/7 property management service and video surveillance system, and many additional amenities including off-street parking and on-site laundry. Utilities on site feature gas forced hot air heat and water. Tenants are responsible for all utilities except water/sewer and common area electric. The Woodland Street Apartments provide investors with a beautiful, turn-key, one of a kind multifamily asset in one of the most thriving sub markets in New England. With the limited student housing and the below market rents for this location, investors can achieve significant upside for a highly-demanded property on the edge of Clark University campus and minutes to downtown Worcester.

Last Agent to Sell the Property

Matthew Pierce

Marcus & Millichap Real Estate Investment Services Listed on: 06/24/2021

Last Buyer's Agent

Matthew Pierce

Marcus & Millichap Real Estate Investment Services Listed on: 06/24/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 0.26

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Main Street to Woodland Street
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Washer/Dryer
  • Has Basement: Full, Finished, Walk-Out Access
  • Total Bathrooms: 13.5
  • MAIN LO: AN1252
  • LIST PRICE PER Sq Ft: 211.8
  • PRICE PER Sq Ft: 211.8
  • MAIN SO: AN1252
  • Full Bathrooms: 13
  • Half Bathrooms: 1
  • Total Bedrooms: 17
  • Fireplace: No
  • Interior Amenities: Cathedral/Vaulted Ceilings
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Foundation Details: Granite
  • Construction Type: Frame, Stone, Post & Beam
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 12

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, University

Lot Info

  • LOT SIZE: 11180
  • PAGE: 119
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 11325.6
  • Zoning: RG-5

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 1
  • Annual Gross Income: 159600
  • Property Net Operating Income: 118030
  • Number Of Units Total: 12
  • Annual Operating Expense: 41570
  • Total Actual Rent: 12900

Tax Info

  • Tax Annual Amount: 17359
  • Tax Book Number: 50212
  • Tax Year: 2020

Range of Values:

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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 Change Sq Ft Price
09/30/2021 09/30/21 Sold $2,100,000 0.0% $212 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $2,100,000 -- $212 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72856267

MLS Property Information Network (MLS PIN)