$850,000
SOLD JUL 7, 2023
8 Beds
4 Baths
2,940 Sq Ft
8,890 Sq Ft Lot

Recently Sold

$289 Per Sq Ft

5% Below List Price

16 Days on Market

Highlights

  • Property is near public transit
  • Vinyl Flooring
  • Heating Available
  • Shops

About This Home

As of July 2023

You're going to love this beautifully updated four unit building on Worcester's West Side* Sunsplashed two-bedroom units* Updated kitchens and bathrooms with durable LVP flooring * New High efficiency natural gas condensing boilers* New water heaters* Updated electric* Recent roof* Off-street parking* fully rented with excellent cash flow* group showings begin this weekend! bring your checkbook- this one won't be around for long!

Last Agent to Sell the Property

James Kalogeropoulos

RE/MAX Partners Listed on: 04/19/2023

RE/MAX Partners

Last Buyer's Agent

Panos Coufos

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,656

Year Built

  • Built in 1955

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,940 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • 4 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 8,890 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $6,300
  • Assessor Parcel Number M:14 B:006 L:0009C,1775675

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $1,084
  • Insurance Expense $1,653
  • Water Sewer Expense $1,084
  • Operating Expense $12,270
  • Net Operating Income $63,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,656

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1955
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Kitchen,Family Room), Unit 2 Rooms(Kitchen,Family Room), Unit 3 Rooms(Kitchen,Family Room), Unit 4 Rooms(Kitchen,Family Room)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 2940
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: G62134
  • LIST PRICE PER Sq Ft: 305.78
  • PRICE PER Sq Ft: 289.12
  • MAIN SO: AN0992

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1084

Lot Info

  • Parcel Number: M:14 B:006 L:0009C,1775675
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8890
  • Lot Size Units: Acres
  • PAGE: 193
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8656
  • Tax Book Number: 65741

Multi Family

  • Electric Expense: 1084
  • Gross Income: 75600
  • Insurance Expense: 1653
  • Net Operating Income: 63330
  • Number Of Units Total: 4
  • Operating Expense: 12270
  • Total Actual Rent: 6300
  • 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: 2
  • FLRS 3: 2
  • FLRS 2: 1

Similar Homes in Worcester, MA

  • 1025 Main St, Worcester, MA 01603

    $649,000

    • 6 Beds
    • 2.5 Baths
    • 4,690 Sq Ft
    • 1025 Main St
    • Worcester, MA

    This versatile commercial/residential building offers strong cash flow potential. Centrally positioned on Main Street the ground floor features a 1,365 sq. ft. commercial space, ideal for a restaurant or other business, equipped with: Central air conditioning, Grease deposit for culinary ventures. The second and third floors each boast spacious, sun-filled 3-bedroom apartments. Highlights of Unit

    Lia Carminati Be Live in Realty

    Section Image
  • 9 Forestdale Rd, Worcester, MA 01605

    $650,000

    • 10 Beds
    • 4 Baths
    • 3,136 Sq Ft
    • 9 Forestdale Rd
    • Worcester, MA

    Attention all Contractors and Investors! Don't miss out on this great opportunity to complete this oversized two family home located in a prime location in Worcester. Just minutes from medical facilities and Clark University. Unit one features four spacious bedrooms, two full bathrooms, large living room and a sunporch. Unit two features two level living with seven bedrooms, three bathrooms and a

    Liana Williams Fort Hill Brokerage Group

    Section Image
  • 66 Fairfield St, Worcester, MA 01602

    $649,900

    • 6 Beds
    • 2 Baths
    • 1,971 Sq Ft
    • 66 Fairfield St
    • Worcester, MA

    This is the opportunity you’ve been waiting for—an income-generating 2-family property with an additional rented garage and a buildable lot for future expansion or development. Offering three income streams, the current rent roll brings in $3,400/month with a pro forma potential of $5,400/month. Both units feature 3 beds and 1 bath, hardwood floors, and flexible layouts in great condition.

    We Close Deals Team Lamacchia Realty, Inc.

    Section Image
  • 132 Dewey St, Worcester, MA 01610

    $799,999

    • 9 Beds
    • 3 Baths
    • 3,564 Sq Ft
    • 132 Dewey St
    • Worcester, MA

    Update **all offers due on Wednesday march 26th 2025**looking for a great investment or owner occupied home, look no further! located within walking distance to schools, park, grocery store, pharmacy and more! schedule your showing now! 3 bedrooms on each floor, first floor consists of ALL NEW APPLIANCES , 3rd floor new stainless fridge....plenty of off street parking

    Rebecca Yarnie Keller Williams Pinnacle Central

    Section Image
  • 22 Clifton St, Worcester, MA 01610

    $869,000

    • 10 Beds
    • 4 Baths
    • 5,497 Sq Ft
    • 22 Clifton St
    • Worcester, MA

    Investor’s Dream! Turn-key 4+ Family in one of Worcester’s most sought-after areas—steps from Clark University in the University Park Scholarship zone (free tuition for eligible residents). Ideal for owner-occupants or investors. Near shops, restaurants, parks, and colleges. Includes TWO oversized 4-bed units and TWO large 1-bed units. Renovated in 2022: full insulation, hardwood floors, tile,

    Brian Allen Property Investors & Advisors, LLC

    Section Image
  • 36 May St, Worcester, MA 01610

    $650,000

    • 6 Beds
    • 3.5 Baths
    • 3,085 Sq Ft
    • 36 May St
    • Worcester, MA

    Welcome to this exceptional investment opportunity or perfect owner-occupied home! This well-maintained 3-family property offers charm, space, and convenience in one of the most desirable locations—just minutes from universities, polar park, restaurants, shopping and public transportation. Each unit is recently updated and ready for immediate occupancy. The property sits on a nicely landscaped

    Sara Fish J Blumen & Associates

    Section Image
  • 4 Oliver St, Worcester, MA 01603

    $749,900

    • 6 Beds
    • 3 Baths
    • 3,705 Sq Ft
    • 4 Oliver St
    • Worcester, MA

    SOLID 3-family in the Clark University area. 5-5-5 great investment property OR for owner occupied, mostly hardwood flooring. Unit 3 vacant ready for the new owner or a tenant of choice. Paved driveway on both sides of the property with huge garage for 1 car and more. Individual gas heat for each unit. Property with landlord meter washer/dryer hook up. Newer roof about 3 years, Gutters <2 year.

    Talena Ngo Realty Trust Group, Inc.

    Section Image
  • 22 Ferdinand St, Worcester, MA 01603

    $809,000

    • 7 Beds
    • 3 Baths
    • 3,435 Sq Ft
    • 22 Ferdinand St
    • Worcester, MA

    This is an incredible opportunity not to be missed! This fully renovated three-family property showcases modern upgrades while maintaining timeless charm. Features include brand-new sprinkler systems for enhanced safety, sleek new appliances, and stunning hardwood floors throughout. Nestled in a desirable neighborhood, this gem is ideal for both investors and owner-occupiers......

    Nana Frimpongmaah Century 21 XSELL REALTY

    Section Image
  • 15 Russell St, Worcester, MA 01609

    $885,000

    • 9 Beds
    • 4 Baths
    • 4,931 Sq Ft
    • 15 Russell St
    • Worcester, MA

    Here’s a prime opportunity to invest in one of the best properties on the block! This beautifully maintained historic 4-family offers spacious living with high ceilings, hardwood floors, and generously sized kitchens and bathrooms. Key updates include electrical, plumbing, and heating systems. Each unit features efficient gas heating, dedicated hot water heaters, individual electric panels. The

    Moises Cosme Atlantic Coast Homes,Inc

    Section Image

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
07/07/2023 07/07/23 Sold $850,000 -5.5% $289 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $899,000 +75.6% $306 / Sq Ft
07/30/2021 07/30/21 Sold $512,000 +2.4% $178 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $499,900 -- $174 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73100874

MLS Property Information Network (MLS PIN)