Seller's Agent in 2023
Kiernan Middleman
Berkshire Hathaway HomeServices Warren Residential
(617) 651-0436
1 in this area
43 Total Sales
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 and schools
- 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 Agent to Sell the Property
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
Utilities
- 1 Cooling Zone
- 5 Heating Zones
Additional Features
- Covered Patio or Porch
- Property is near public transit and schools
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
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 19, 2023
Closed on
Dec 8, 2023
Sold by
Bought by
Seller's Agent
Kiernan Middleman
Berkshire Hathaway HomeServices Warren Residential
Buyer's Agent
Jeffrey Torres
Property Investors & Advisors, LLC
List Price
$995,000
Sold Price
$960,000
Premium/Discount to List
-$35,000
-3.52%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.0779%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 28, 2014
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $960,000 | None Available | ||
| $337,000 | -- |
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 | $720,000 | ||
| Previous Owner | $210,000 | ||
| Closed | $40,000 | ||
| Previous Owner | $100,000 |
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 |
|---|---|---|---|---|
| 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
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 | $12,350 | $936,300 | $58,900 | $877,400 |
| 2024 | $8,793 | $639,500 | $58,900 | $580,600 |
| 2023 | $9,648 | $672,800 | $92,200 | $580,600 |
| 2022 | $8,332 | $547,800 | $73,700 | $474,100 |
| 2021 | $7,066 | $434,000 | $59,000 | $375,000 |
| 2020 | $6,401 | $376,500 | $54,600 | $321,900 |
| 2019 | $6,611 | $367,300 | $58,400 | $308,900 |
| 2018 | $6,274 | $331,800 | $58,400 | $273,400 |
| 2017 | $5,916 | $307,800 | $58,400 | $249,400 |
| 2016 | $5,851 | $283,900 | $35,800 | $248,100 |
| 2015 | $5,698 | $283,900 | $35,800 | $248,100 |
| 2014 | $5,547 | $283,900 | $35,800 | $248,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kiernan Middleman
-
Jeffrey Torres
Buyer's Agent in 2023
Jeffrey Torres
Property Investors & Advisors, LLC
(508) 801-1607
3 in this area
87 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73172182
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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