$2,900,000
PENDING

Estimated payment $19,002/month

Total Views 2,437
39 Beds
17 Baths
17,410 Sq Ft
$167 Price per Sq Ft

About This Home

17 unit mixed use centrally located Worcester property consisting of 15 large residential units and 2 retail units! 3 contiguous buildings totaling 17,410 SF on almost 1/2 acre corner lot with stop light. 17,410 SF / 17 units / 30 car parking lot. Renovated apartments, rubber roof, sprinkler system, sprinkler monitoring system, 2020 boiler heating system. Below market rents presents a strong opportunity to raise rents and grow NOI! Located 0.6 miles away from the new 9,500 capacity Polar Park, home of the Red Sox AAA team.See attached offering memorandum for financials.

Listing Agent

Patrick Sullivan

Cameron Prestige, LLC

Cameron Prestige, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,166

Year Built

  • Built in 1920

Lot Details

  • 0.45 Acre Lot
  • Corner Lot

Parking

  • 30 Car Parking Spaces

Home Design

  • 17,410 Sq Ft Home

Bedrooms and Bathrooms

  • 39 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor
  • Block Basement Construction

Community Details

Overview

  • 17 Units
  • Property has 1 Level

Building Details

  • Operating Expense $63,096
  • Net Operating Income $301,371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,166

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1920
  • Levels: 15
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 15

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 39
  • Full Bathrooms: 15
  • Half Bathrooms: 2
  • Total Bathrooms: 17
  • Total Bathrooms: 16
  • Basement: Full, Partial, Interior Entry, Sump Pump, Dirt Floor, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 17410
  • Living Area: 17410
  • Spa YN: No
  • Stories Total: 15
  • MAIN LO: AN4281
  • LIST PRICE PER Sq Ft: 166.57
  • PRICE PER Sq Ft: 166.57

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 30

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Zoning: BG-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Size Sq Ft: 19404
  • Lot Size Units: Acres
  • PAGE: 95
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 34166
  • Tax Book Number: 21668

Multi Family

  • Gross Income: 370068
  • Net Operating Income: 301371
  • Number Of Units Total: 17
  • Operating Expense: 63096
  • Total Actual Rent: 5800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 4
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $2,900,000 -- $167 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73305505

MLS Property Information Network (MLS PIN)