NOT LISTED FOR SALE

Estimated Value: $641,000 - $758,000

6 Beds
3 Baths
2,937 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $635,000 $216 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,685/month

8 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Property is near public transit
  • Corner Lot
  • Heating Available

About This Home

As of March 2022

Amazing opportunity to own this turnkey 3-family property off Belmont St. near Umass Memorial Hospital. Five minutes from I-290. Fully renovated! New roof, new windows, new electrical panels. This house is ready for its new owner to just collect rent and live on the first floor! Second and third floor are currently rented. All apartments feature hardwood floors, granite countertops, new tile, new appliances. First showing at open house this Saturday 12pm-2pm!

Last Listed By

Chris Then

Coldwell Banker Realty - Worcester Listed on: 02/07/2022

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Triplex
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,937 Sq Ft Home
  • Dirt Floor
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Belmont Street Elementary School
  • Worcester East Middle School
  • North High School

Utilities

  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,750
  • Rent includes unit 2(hot water), unit 3(hot water)
  • Assessor Parcel Number M:01 B:017 L:00035,1762196

Community Details

Overview

  • 3 Units
  • 6-Story Property

Additional Features

  • Medical Services
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,046

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1890
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2.5
  • Sub Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Unit 3(Range,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Dirt Floor
  • Living Area: 2937
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 197.45
  • PRICE PER Sq Ft: 216.21
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Heating: Unit 1(Steam), Unit 2(Forced Air), Unit 3(Forced Air)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Highway Access, University
  • Rent Includes: Unit 2(Hot Water), Unit 3(Hot Water)

Lot Info

  • Parcel Number: M:01 B:017 L:00035,1762196
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4946
  • PAGE: 386

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4046
  • Tax Book Number: 64506

Multi Family

  • Gross Income: 33000
  • Net Operating Income: 33000
  • Number Of Units Total: 3
  • Total Actual Rent: 2750
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: North High
  • Elementary School: Belmont Street
  • Middle Or Junior School: Worcester East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 21, 2022
Sold by
Hernandez Luis
Bought by
Aboushala Ayman
Seller's Agent
Chris Then
Coldwell Banker Realty - Worcester
Buyer's Agent
Chris Then
Coldwell Banker Realty - Worcester
List Price
$579,900
Sold Price
$635,000
Premium/Discount to List
$55,100
9.5%
Total Days on Market
8
Current Estimated Value
$696,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,648
Avg. Annual Appreciation
2.15%
Original Mortgage
$476,250
Outstanding Balance
$449,277
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,246

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 8, 2021
Sold by
Alpine & Vernon Llc
Bought by
Hernandez Luis
Seller's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
Buyer's Agent
Deke Mardirossian
ERA Key Realty Services- Auburn
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.37%

Purchase Details

Listed on
Jan 4, 2021
Closed on
Dec 23, 2020
Sold by
Maka Peter
Bought by
Alpine & Vernon Llc
Seller's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
Buyer's Agent
Deke Mardirossian
ERA Key Realty Services- Auburn
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%

Purchase Details

Listed on
Dec 22, 2018
Closed on
Jan 18, 2019
Sold by
Mcnamara Mary P
Bought by
Maka Peter
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Nathan Riel
Keller Williams Pinnacle Central
List Price
$110,000
Sold Price
$125,000
Premium/Discount to List
$15,000
13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.65%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aboushala Ayman $635,000 None Available
Hernandez Luis $295,000 None Available
Alpine & Vernon Llc -- None Available
Maka Peter $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aboushala Ayman $476,250
Previous Owner Maka Peter $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $635,000 +9.5% $216 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $579,900 +96.6% $197 / Sq Ft
02/19/2021 02/19/21 Sold $295,000 +1.8% $100 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $289,900 0.0% $98 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $289,900 +131.9% $98 / Sq Ft
02/08/2019 02/08/19 Sold $125,000 +13.6% $42 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
12/22/2018 12/22/18 For Sale $110,000 -- $37 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $9,415 $713,800 $80,600 $633,200
2024 $8,639 $628,300 $80,600 $547,700
2023 $5,806 $404,900 $70,100 $334,800
2022 $4,279 $281,300 $56,100 $225,200
2021 $4,046 $248,500 $44,900 $203,600
2020 $2,921 $171,800 $44,600 $127,200
2019 $2,887 $160,400 $38,900 $121,500
2018 $2,842 $150,300 $38,900 $111,400
2017 $2,689 $139,900 $38,900 $101,000
2016 $2,514 $122,000 $28,100 $93,900
2015 $2,449 $122,000 $28,100 $93,900
2014 $2,384 $122,000 $28,100 $93,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72940152

MLS Property Information Network (MLS PIN)

APN: WORC-000001-000017-000035