12 Benefit St Worcester, MA 01610
Beacon Brightly Neighborhood
14
Beds
7
Baths
4,238
Sq Ft
5,642
Sq Ft Lot
About This Home
As of August 2022Welcome to an investors dream! This is two buildings on one lot. One building which is two family 1,565 square feet, lot size 5,030 sqaure feet is completely renovated. Currently being rented at $3,100 a month for both units. Massive building in the front 4,238 with a lot size of 5,642. Potentially 5 units which most of the major work has been done. Once the 5 units are complete this will be a cash cow! Come be part of one of the fastest growing Markets in Massachusetts! This is a cash or rehab loan serious investors only!
Last Agent to Sell the Property
Felix Gutierrez
Rey Realty Group Listed on: 06/23/2022
Last Buyer's Agent
Charles Boiquaye
Century 21 XSELL REALTY
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,859
Year Built
- Built in 1900
Lot Details
- 5,642 Sq Ft Lot
Interior Spaces
- 4,238 Sq Ft Home
- Property has 1 Level
- Granite Flooring
- Unfinished Basement
Bedrooms and Bathrooms
- 14 Bedrooms
- 7 Full Bathrooms
Parking
- 10 Car Parking Spaces
- Driveway
- Open Parking
Community Details
- 7 Units
- Net Operating Income $37,200
Listing and Financial Details
- Total Actual Rent $3,100
- Assessor Parcel Number M:06 B:030 L:00002,1767862
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 8, 2024
Sold by
12 Benefit Rt and Boiquaye Llc Tr
Bought by
Boiquaye Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Outstanding Balance
$849,341
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$136,341
Purchase Details
Listed on
Jun 23, 2022
Closed on
Aug 10, 2022
Sold by
Boiquaye Llc
Bought by
12 Benefit Street Rt and Boiquaye Llc Tr
Seller's Agent
Felix Gutierrez
Rey Realty Group
Buyer's Agent
Charles Boiquaye
Century 21 XSELL REALTY
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$870,000
Interest Rate
5.7%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 13, 2021
Closed on
Aug 20, 2021
Sold by
G Felix Home Llc
Bought by
Re Legacy Investments Llc
Seller's Agent
Ari Castel
Castel Realty
Buyer's Agent
Alexandy Compres
LAER Realty Partners
List Price
$369,000
Sold Price
$380,000
Premium/Discount to List
$11,000
2.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.32%
Original Mortgage
$562,400
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Feb 28, 2019
Closed on
Oct 15, 2019
Sold by
Bank New York Mellon Tr
Bought by
G Felix Home Llc
Seller's Agent
Carlos Feliciano
Vylla Home
Buyer's Agent
Lilian Davis
Dell Realty Inc.
List Price
$229,900
Sold Price
$201,500
Premium/Discount to List
-$28,400
-12.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.64%
Original Mortgage
$326,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2017
Sold by
Chim Chia and Bank Of New York Mello
Bought by
Bank Of New York Mello
Purchase Details
Closed on
Mar 29, 2006
Sold by
Kk American Invest Inc
Bought by
Chim Chia and Cheng Vorn
Purchase Details
Closed on
Mar 7, 2005
Sold by
Chim Chia and Cheng Vorn
Bought by
Kk American Invest Grp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.95%
Purchase Details
Closed on
Mar 8, 2002
Sold by
Le Hien K
Bought by
Chim Chia
Purchase Details
Closed on
Aug 18, 2000
Sold by
Imc Mtg Co
Bought by
Le Hien K
Purchase Details
Closed on
May 22, 1995
Sold by
Burque Rose and Burque Joseph
Bought by
Smz Investment Trust
Similar Homes in Worcester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Not Resolvable | $380,000 | None Available | |
| Not Resolvable | $201,500 | -- | |
| Foreclosure Deed | $147,239 | -- | |
| Foreclosure Deed | $147,239 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $137,000 | -- | |
| Deed | $137,000 | -- | |
| Deed | $72,000 | -- | |
| Foreclosure Deed | $55,000 | -- | |
| Foreclosure Deed | $55,000 | -- | |
| Deed | $42,000 | -- | |
| Deed | $42,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $855,000 | New Conventional | |
| Closed | $855,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $150,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $870,000 | Commercial | |
| Previous Owner | $562,400 | Purchase Money Mortgage | |
| Previous Owner | $326,000 | New Conventional | |
| Previous Owner | $80,000 | No Value Available | |
| Previous Owner | $280,000 | No Value Available | |
| Previous Owner | $232,942 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2022 08/10/22 | Sold | $630,000 | -6.0% | $149 / Sq Ft |
| 07/07/2022 07/07/22 | Price Changed | $669,900 | -4.2% | $158 / Sq Ft |
| 06/23/2022 06/23/22 | For Sale | $699,000 | +83.9% | $165 / Sq Ft |
| 08/25/2021 08/25/21 | Sold | $380,000 | +8.6% | $90 / Sq Ft |
| 04/23/2021 04/23/21 | Pending | -- | -- | -- |
| 04/14/2021 04/14/21 | Price Changed | $350,000 | -5.1% | $83 / Sq Ft |
| 03/19/2021 03/19/21 | Price Changed | $369,000 | 0.0% | $87 / Sq Ft |
| 03/19/2021 03/19/21 | For Sale | $369,000 | -2.9% | $87 / Sq Ft |
| 03/18/2021 03/18/21 | Off Market | $380,000 | -- | -- |
| 03/12/2021 03/12/21 | For Sale | $399,990 | +98.5% | $95 / Sq Ft |
| 10/16/2019 10/16/19 | Sold | $201,500 | -6.2% | $48 / Sq Ft |
| 09/11/2019 09/11/19 | Pending | -- | -- | -- |
| 06/29/2019 06/29/19 | Price Changed | $214,900 | -6.5% | $51 / Sq Ft |
| 06/15/2019 06/15/19 | For Sale | $229,900 | 0.0% | $54 / Sq Ft |
| 04/12/2019 04/12/19 | Pending | -- | -- | -- |
| 04/04/2019 04/04/19 | Price Changed | $229,900 | -10.7% | $54 / Sq Ft |
| 02/28/2019 02/28/19 | For Sale | $257,550 | -- | $61 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,200 | $545,900 | $67,800 | $478,100 |
| 2024 | $4,674 | $339,900 | $67,800 | $272,100 |
| 2023 | $4,273 | $298,000 | $54,400 | $243,600 |
| 2022 | $3,859 | $253,700 | $43,500 | $210,200 |
| 2021 | $4,335 | $266,300 | $34,800 | $231,500 |
| 2020 | $4,066 | $239,200 | $35,000 | $204,200 |
| 2019 | $4,504 | $250,200 | $34,500 | $215,700 |
| 2018 | $4,569 | $241,600 | $34,500 | $207,100 |
| 2017 | $4,326 | $225,100 | $34,500 | $190,600 |
| 2016 | $4,338 | $210,500 | $28,400 | $182,100 |
| 2015 | $4,225 | $210,500 | $28,400 | $182,100 |
| 2014 | $4,113 | $210,500 | $28,400 | $182,100 |
Source: Public Records
Agents Affiliated with this Home
-
F
Seller's Agent in 2022
Felix Gutierrez
Rey Realty Group
-
C
Buyer's Agent in 2022
Charles Boiquaye
Century 21 XSELL REALTY
-
A
Seller's Agent in 2021
Ari Castel
Castel Realty
-
A
Buyer's Agent in 2021
Alexandy Compres
Laer Realty
-
Seller's Agent in 2019
Carlos Feliciano
Vylla Home
(413) 222-9003
29 Total Sales
-
Buyer's Agent in 2019
Lilian Davis
Dell Realty Inc.
(508) 361-3141
54 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73003162
APN: WORC-000006-000030-000002
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