NOT LISTED FOR SALE

Estimated Value: $280,000 - $2,247,000

22 Beds
12 Baths
10,179 Sq Ft
$79/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $1,575,000 $155 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $4,734/month

6 Days on Market

About This Home

As of July 2021

ATTENTION INVESTORS!!! Incredible opportunity not to be missed. This rental real estate portfolio includes a 6 family with 2 bedroom apartments, a 3 family with 2 bedroom apartments and two (2) single family homes with 2 bedrooms each. Buildings are located directly off Shrewsbury Street in Worcester within walking distance to Umass Medical, Umass Medicine Science Park, The New Reactory Biotech development project, Train Station and Shrewsbury Street restaurants for a total of 11 rentals. One of the single family homes was gutted to the studs, completely renovated and ready for occupancy. All units are separately metered with gas and electric. Newly paved off street parking available. Worcester is New England's 2nd largest city with a heavy concentration of colleges, medicine and science. Take advantage of the tremendous growth opportunities in the Worcester real estate market and jump start your real estate investment portfolio with these prime location buildings.

Last Listed By

Lisa Greene

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 03/20/2021

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1920

Lot Details

  • 10,454

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,218

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 156.70
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Fireplaces: 1
  • Total Frplcs: 1
  • No Bedrooms: 22
  • Total Brs: 22
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Fbh: 11
  • Total Hbh: 1
  • Basement: Y
  • Basement Features: Concrete Floor
  • Main Lo: AN6527
  • Main So: AN6527
  • Estimated Sq Ft: 10179.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, 220 Volts, 100 Amps, 200 Amps
  • Hot Water: Natural Gas, Electric

Lot Info

  • Assessments: 947600.00
  • Acre: 0.24
  • Lot Size: 10304.00
  • Zoning: RG-5
  • Lot Description: Level

Multi Family

  • APOD Available: Yes
  • Total Rms: 44
  • No Units: 11
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 15425.00
  • Assessor Parcel Number: 1778419
  • Tax Year: 2021

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed K Square Real Estate Llc $2,512,000
Closed Granby & Caprera Rlty Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $1,575,000 -1.3% $155 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $1,595,000 -- $157 / 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 $3,218 $244,000 $45,900 $198,100
2024 $3,043 $221,300 $45,900 $175,400
2023 $2,953 $205,900 $39,900 $166,000
2022 $2,759 $181,400 $31,900 $149,500
2021 $2,409 $148,000 $25,500 $122,500
2020 $2,271 $133,600 $25,400 $108,200
2019 $2,173 $120,700 $22,100 $98,600
2018 $2,152 $113,800 $22,100 $91,700
2017 $2,001 $104,100 $22,100 $82,000
2016 $2,055 $99,700 $17,000 $82,700
2015 $2,001 $99,700 $17,000 $82,700
2014 $1,948 $99,700 $17,000 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72801453

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000021-000054