$738,000
SOLD APR 25, 2025
5 Beds
3 Baths
2,628 Sq Ft
7,692 Sq Ft Lot

Recently Sold

$281 Per Sq Ft

9% Above List Price

5 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Corner Lot
  • Medical Services
  • Wood Flooring
  • 3-minute walk to Lakeview Playground

About This Home

As of April 2025

Offer Deadline: Monday 3/10 at 4PM. Looking for a turnkey investment building? This is it! Located in Lake Ave area, this legal 3 family has terrific proximity to UMASS Medical and Lake Quinsigamond. Roof recently replaced. Each building has its own heat, and the units are less than 3 years old. All units are Air Conditioned! Electric panels have all been separated, as have the gas meters, so tenants pay for these utilities. Two units have their own washer/Dryer, both of which are landlord owned. In fact, ALL appliances are landlord owned. With much of the flooring in the units having been updated, and the units recently painted, the condition of this building really stands out. Basement is empty and clean. It is hard to find a building in this condition, and even harder to find one in this area! This might be the best condition 3 family you see this year! See quickly, won't last! Showings Start at the OH on Saturday, 10AM-12PM

Last Agent to Sell the Property

matt heisler

Vanderbilt Properties, LLC Listed on: 03/06/2025

Last Buyer's Agent

Montivista Real Estate Group

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1898

Lot Details

  • 7,692 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,628 Sq Ft Home
  • Family Room
  • Living Room

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • 3 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $4,900
  • Rent includes unit 2(water), unit 3(water)
  • Assessor Parcel Number 1779309
  • Tax Block 20

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1898
  • Levels: 6
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Living Room, Family Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry
  • Above Grade Finished Sq Ft: 2628
  • Living Area: 2628
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN7775
  • LIST PRICE PER Sq Ft: 258.71
  • PRICE PER Sq Ft: 280.82
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Ductless
  • Heating: Forced Air, Natural Gas, Ductless
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, University
  • Rent Includes: Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1779309
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7692
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6882
  • Tax Block: 20
  • Tax Book Number: 0
  • Tax Map Number: 17

Multi Family

  • Gross Income: 58800
  • Net Operating Income: 58800
  • Number Of Units Total: 3
  • Total Actual Rent: 4900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Apr 25, 2025
Sold by
Yershov Alexandra
Bought by
Lin Chuan-Heng and Xiong Yu
Seller's Agent
matt heisler
Vanderbilt Properties, LLC
Buyer's Agent
Montivista Real Estate Group
eXp Realty
List Price
$679,900
Sold Price
$738,000
Premium/Discount to List
$58,100
8.55%
Views
24
Current Estimated Value
$699,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,173
Avg. Annual Appreciation
-11.88%
Original Mortgage
$516,600
Outstanding Balance
$514,480
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,347

Purchase Details

Closed on
Jan 27, 2005
Sold by
Flores Elizabeth A and Fuentes Gilberto
Bought by
Yershov Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1998
Sold by
Palumbo Peer R
Bought by
Fuentes Gilberto
Source: Public Records

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 Type Sale Price Title Company
Deed $738,000 None Available
Quit Claim Deed $738,000 None Available
Deed $323,000 --
Deed $323,000 --
Deed $108,000 --
Deed $108,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $516,600 Purchase Money Mortgage
Closed $516,600 Purchase Money Mortgage
Previous Owner $258,400 Purchase Money Mortgage
Previous Owner $76,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $738,000 +8.5% $281 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $679,900 -- $259 / 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 $7,024 $532,500 $117,800 $414,700
2024 $6,882 $500,500 $117,800 $382,700
2023 $6,366 $443,900 $102,400 $341,500
2022 $5,711 $375,500 $82,000 $293,500
2021 $4,819 $296,000 $65,500 $230,500
2020 $4,391 $258,300 $65,600 $192,700
2019 $4,531 $251,700 $59,000 $192,700
2018 $4,612 $243,900 $59,000 $184,900
2017 $4,398 $228,800 $59,000 $169,800
2016 $4,229 $205,200 $42,900 $162,300
2015 $4,118 $205,200 $42,900 $162,300
2014 $4,010 $205,200 $42,900 $162,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73342444

MLS Property Information Network (MLS PIN)

APN: WORC-000017-000020-000041