NOT LISTED FOR SALE

Estimated Value: $762,490

9 Beds
4 Baths
3,284 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2024

Last sale price $700,000 $213 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,944 / mo

7 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Property is near public transit and schools
  • Jogging Path
  • Living Room

About This Home

As of December 2024

This multi-family investment property offers a solid rental income potential with a prime location. With a total of 9 bedrooms and 4 bathrooms, this property has a spacious layout offering great flexibility. Investment Highlights: Strong rental demand in Worcester due to its proximity to local universities, healthcare institutions, and a growing downtown area. Recent updates and maintenance in common areas and individual units, ensuring lower immediate expenses for the new owner (see attached). Potential for significant cash flow with rent increases as property values in the area continue to rise. Well-maintained exterior and solid infrastructure.

Last Agent to Sell the Property

Mike DelRose

Coldwell Banker Realty - Belmont Listed on: 10/16/2024

Coldwell Banker Realty - Belmont

Co-Listed By

Jenna DiSalvio

Coldwell Banker Realty - Belmont

Last Buyer's Agent

Mg Group

Century 21 North East

Century 21 North East
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,704

Year Built

  • Built in 1923

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,284 Sq Ft Home
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • 3 Heating Zones
  • Separate Meters

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $5,840
  • Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water)
  • Legal Lot and Block 00008 / 012
  • Assessor Parcel Number 1770945

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Operating Expense $27,500
  • Net Operating Income $42,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,704

Year Built

Built in 1923

Lot Details

6,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1923
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Living Room, Kitchen, Laundry Room, Dining Room
  • Fireplace YN: No
  • Appliances: Dishwasher, Range, Refrigerator, Range Hood
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer & Dryer Hookup
  • Basement: Full, Concrete, Unfinished
  • Living Area: 3284
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6181
  • MAIN SO: AN4339

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Varies per Unit
  • Electric: Individually Metered
  • Security Features: Security System
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, University
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1770945
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8704
  • Tax Block: 012
  • Tax Lot: 00008

Multi Family

  • Net Operating Income: 42580
  • Number Of Units Total: 3
  • Operating Expense: 27500
  • Total Actual Rent: 5840
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Dec 13, 2024
Sold by
Bought by
Seller's Agent
Mike DelRose
Coldwell Banker Realty - Belmont
Buyer's Agent
Mg Group
Century 21 North East
List Price
$684,000
Sold Price
$700,000
Premium/Discount to List
$16,000
2.34%
Views
11
Current Estimated Value
$762,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,490
Avg. Annual Appreciation
5.35%
Original Mortgage
$490,000
Outstanding Balance
$481,226
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,264

Purchase Details

Listed on
Oct 16, 2024
Closed on
Dec 5, 2024
Sold by
Bought by
Seller's Agent
Mike DelRose
Coldwell Banker Realty - Belmont
Buyer's Agent
Mg Group
Century 21 North East
List Price
$684,000
Sold Price
$700,000
Premium/Discount to List
$16,000
2.34%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$481,226
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,264

Purchase Details

Closed on
May 14, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,850
Interest Rate
3.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 6, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,100
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2017
Sold by
Bought by

Purchase Details

Listed on
Jan 26, 2016
Closed on
Oct 7, 2016
Sold by
Bought by
Seller's Agent
Optima Real Estate Advisors
Coldwell Banker Realty - Worcester
Buyer's Agent
Merwyn Figueiredo
Merwyn Figueiredo
List Price
$279,899
Sold Price
$287,899
Premium/Discount to List
$8,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$215,924
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2005
Sold by
Bought by

Purchase Details

Closed on
May 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.84%

Purchase Details

Closed on
Apr 19, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$700,000 None Available
-- None Available
-- None Available
-- --
-- --
$287,899 --
$301,500 --
$370,000 --
$250,000 --
$98,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $490,000
Previous Owner $262,850
Closed $37,500
Previous Owner $240,100
Closed $37,500
Closed $215,924
Closed $300,000
Previous Owner $379,000
Previous Owner $781,000
Closed $36,684
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Sold $700,000 +2.3% $213 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $684,000 +137.6% $208 / Sq Ft
10/07/2016 10/07/16 Sold $287,899 -0.6% $96 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
05/24/2016 05/24/16 Price Changed $289,499 +3.6% $96 / Sq Ft
05/11/2016 05/11/16 Price Changed $279,499 -0.1% $93 / Sq Ft
01/26/2016 01/26/16 For Sale $279,899 -- $93 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,935 $677,400 $89,600 $587,800
2024 $8,704 $633,000 $89,600 $543,400
2023 $8,091 $564,200 $77,900 $486,300
2022 $7,331 $482,000 $62,300 $419,700
2021 $6,144 $377,400 $49,900 $327,500
2020 $4,719 $277,600 $49,500 $228,100
2019 $4,883 $271,300 $43,200 $228,100
2018 $4,966 $262,600 $43,200 $219,400
2017 $4,724 $245,800 $43,200 $202,600
2016 $4,042 $196,100 $31,800 $164,300
2015 $3,936 $196,100 $31,800 $164,300
2014 $3,832 $196,100 $31,800 $164,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73303190

MLS Property Information Network (MLS PIN)

APN: WORC-000009-000012-000008

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