NOT LISTED FOR SALE

Estimated Value: $579,094

9 Beds
4 Baths
3,956 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $485,000 $123 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,226/month

3 Days on Market

About This Home

As of December 2021

Investors take notice! Great opportunity to own a positive income producing property in Worcester's thriving multi-family market. This 4 unit building has great rent potential with 3 residential units along with a church occupying the street level unit. The residential units are all 5 rooms with 3 bedrooms, 1 full bath & 2 of the 3 units are currently rented. Rents upon requests & are below market with endless opportunities for positive cash flow. This is a solid building with strong potential & unlimited possibilities for street level unit. Property being sold as is. Take advantage of the hot Worcester rental market. Schedule a showing today!

Last Listed By

John Popp

Keller Williams Boston MetroWest Listed on: 09/24/2021

Keller Williams Boston MetroWest

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 3,049

Additional Features

  • Property has 1 Level
  • 4 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Hammond Street to Canterbury Street
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Total Bathrooms: 3.5
  • MAIN LO: AN5720
  • LIST PRICE PER Sq Ft: 132.68
  • PRICE PER Sq Ft: 122.6
  • MAIN SO: K95491
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace: No
  • Stories: 10

Exterior Features

  • Foundation Details: Stone
  • Disclosures: Seller Has Never Lived In The Property.
  • Exclusions: Tenants Possessions
  • Home Warranty: No
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • LOT SIZE: 3160
  • PAGE: 246
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3049.2
  • Zoning: RG-5

Multi Family

  • LEVELS 1: 1
  • 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
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4131.86
  • Tax Book Number: 21369
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 23, 2021
Sold by
Tram Thuy and Tram Vinh P
Bought by
Orange Bliss Prop Llc
Seller's Agent
John Popp
Keller Williams Boston MetroWest
Buyer's Agent
Pankaj Gupta
Keller Williams Pinnacle Central
List Price
$524,900
Sold Price
$485,000
Premium/Discount to List
-$39,900
-7.6%
Total Days on Market
3
Current Estimated Value
$579,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,094
Avg. Annual Appreciation
5.42%
Original Mortgage
$388,000
Outstanding Balance
$359,940
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$219,154

Purchase Details

Closed on
May 11, 1999
Sold by
Bernier Earl J
Bought by
Tram Thuy and Tram Vinh P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,750
Interest Rate
6.92%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Orange Bliss Prop Llc $485,000 None Available
Tram Thuy $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orange Bliss Prop Llc $388,000
Previous Owner Tram Thuy $79,991
Previous Owner Tram Thuy $104,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $485,000 -7.6% $123 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $524,900 -- $133 / 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 -- $447,200 $110,700 $336,500
2024 -- $393,900 $110,700 $283,200
2023 $0 $463,400 $96,300 $367,100
2022 $0 $369,700 $77,000 $292,700
2021 $0 $253,800 $61,600 $192,200
2020 $4,990 $233,900 $57,000 $176,900
2019 $4,915 $223,400 $53,900 $169,500
2018 $0 $216,600 $53,900 $162,700
2017 $0 $216,600 $53,900 $162,700
2016 -- $204,800 $46,700 $158,100
2015 -- $204,800 $46,700 $158,100
2014 $4,067 $204,800 $46,700 $158,100
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72899837

MLS Property Information Network (MLS PIN)

APN: WORC-000007-000017-000004