NOT LISTED FOR SALE

Estimated Value: $657,359 - $827,000

9 Beds
3 Baths
5,217 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $590,000 $113 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,973/month

14 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • 3 Fireplaces
  • Medical Services
  • Wood Flooring
  • 4-minute walk to Grant Square

About This Home

As of August 2022

OPEN HOUSE WEDNESDAY, 6/29 from 4 to 6pm! (Enter through Frederick St entrance). Fantastic three family just hitting the market for the first time in over 50 years. A true 3-3-3, with updates throughout including a new roof in 2010, full sprinkler system (2010), plumbing (2010), electrical (2010), new gas ranges (units 2 & 3) within the past 2 months, and more. You’re less than ½ mile from everything “downtown” Worcester has to offer, with easy access to 290/190/RT-9, medical facilities, buses, parks and more. Off-street parking for 3 cars (common), tons of room in the basement and more make this one an ideal opportunity for owner-occupants or investors. Unit 2 is vacant. Tenants in place in 1st fl, TAW, paying below market. 3rd fl moving out. Property is being sold “AS IS”. Note: 3rd floor tenant has cameras on site. Buyer/Buyer agent to perform any/all due diligence.

Last Listed By

Mark Sacco

LAER Realty Partners Listed on: 06/15/2022

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,273

Year Built

  • Built in 1890

Lot Details

  • 6,751 Sq Ft Lot
  • Irregular Lot

Home Design

  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 5,217 Sq Ft Home
  • 3 Fireplaces
  • Insulated Windows
  • Dishwasher
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,300
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:01 B:046 L:0007A

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Electric Expense $1,348
  • Insurance Expense $4,734
  • Water Sewer Expense $2,667
  • Operating Expense $12,152
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,273

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring,Wall to Wall Carpet), Unit 3(Hardwood Floors,Wood Flooring,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Storage,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Storage,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 3(Bathroom With Tub & Shower,Internet Available - Unknown), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Dirt Floor, Concrete, Unfinished
  • Living Area: 5217
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN0278
  • LIST PRICE PER Sq Ft: 112.9
  • PRICE PER Sq Ft: 113.09
  • MAIN SO: AN6259

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Brick/Mortar, Irregular, Other
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Central Heat,Steam), Unit 2(Electric Baseboard,Gas,Floor Furnace), Unit 3(Electric Baseboard)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 2667

Lot Info

  • Parcel Number: M:01 B:046 L:0007A
  • Zoning: BL-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6751
  • Lot Size Units: Acres
  • PAGE: 139
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7273
  • Tax Book Number: 4964

Multi Family

  • Electric Expense: 1348
  • Gross Income: 27600
  • Insurance Expense: 4734
  • Net Operating Income: 27600
  • Number Of Units Total: 3
  • Operating Expense: 12152
  • Total Actual Rent: 2300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Julien Rodney $442,500
Closed Greenwich Ethel $75,000
Closed Greenwich Ethel M $10,701
Closed Greenwich Ethel M $57,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $590,000 +0.2% $113 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $589,000 -- $113 / 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 $9,488 $719,300 $95,600 $623,700
2024 $8,724 $634,500 $95,600 $538,900
2023 $8,362 $583,100 $83,100 $500,000
2022 $7,273 $478,200 $66,500 $411,700
2021 $6,569 $403,500 $53,200 $350,300
2020 $5,112 $300,700 $52,800 $247,900
2019 $5,092 $282,900 $46,100 $236,800
2018 $4,973 $263,000 $46,100 $216,900
2017 $4,661 $242,500 $46,100 $196,400
2016 $4,435 $215,200 $32,900 $182,300
2015 $4,319 $215,200 $32,900 $182,300
2014 $4,135 $211,600 $32,900 $178,700
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72997750

MLS Property Information Network (MLS PIN)

APN: WORC-000001-000046-000007A