Seller's Agent in 2023
Kiernan Middleman
Berkshire Hathaway HomeServices Warren Residential
(617) 651-0436
140 Elm St Worcester, MA 01609
Elm Park Neighborhood
8
Beds
6
Baths
5,790
Sq Ft
7,604
Sq Ft Lot
Highlights
- Scenic Views
- Wood Flooring
- Park
- Property is near public transit
- Covered patio or porch
- 3 Car Garage
About This Home
As of December 2023Overlooking Elm Park this meticulously maintained 5-unit Victorian is a dream investment poised to perform as a turnkey buy and hold, value add, or condo conversion. Enjoy a solid tenant pool and great returns in one of the most desirable areas of the city only .5 miles from WPI or make this your favorite project and turn it into a masterpiece. Victorian features include soaring ceilings, solid maple flooring, stained glass, built-ins, and beautiful wood and metalwork. Units have individual gas furnaces, HWTs, and electrical services while common areas include freshly painted stairwells, a repaved driveway, a walk-up attic, and an immaculate basement with laundry. There's even a 3-car garage! Four units are to be delivered as TAW, or vacant. Top floor-through 4 bed, 2 bath offers in-unit laundry and central a/c - delivered vacant as potential owner's unit. Rents are all well under-market and floor plans could be modified to include an extra bedroom in two of the units. THIS IS THE ONE!
Last Listed By
Kiernan Middleman
Berkshire Hathaway HomeServices Warren Residential Listed on: 10/19/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,648
Year Built
- Built in 1910
Lot Details
- 7,604 Sq Ft Lot
- Level Lot
Parking
- 3 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 5,790 Sq Ft Home
- Window Screens
- Wood Flooring
- Scenic Vista Views
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Full Bathrooms
Outdoor Features
- Covered patio or porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 1 Cooling Zone
- 5 Heating Zones
Listing and Financial Details
- Total Actual Rent $7,600
- Assessor Parcel Number 1766774
Community Details
Overview
- 5 Units
- Property has 1 Level
Recreation
- Park
Building Details
- Electric Expense $842
- Insurance Expense $4,804
- Water Sewer Expense $1,548
- Operating Expense $10,306
- Net Operating Income $80,894
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $960,000 | -3.5% | $166 / Sq Ft |
| 10/27/2023 10/27/23 | Pending | -- | -- | -- |
| 10/19/2023 10/19/23 | For Sale | $995,000 | -- | $172 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Jeffrey Torres
Buyer's Agent in 2023
Jeffrey Torres
Property Investors & Advisors, LLC
(508) 801-1607
1 in this area
111 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73172182
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