NOT LISTED FOR SALE
15 Beds
14 Baths
7,190 Sq Ft
9,767 Sq Ft Lot

Last Sold March 14, 2024

Last sale price $1,630,000 $227 Per Sq Ft

88 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Shops
  • Medical Services
  • Park
  • 2-minute walk to Grant Square

About This Home

As of March 2024

Rare 7-unit building opportunity, constructed in 1988. The property consists of seven individually deeded condominium units in one building. There are six 2Br units, and a 3Br penthouse unit; all of the units feature two full bathrooms. Units with two full bathrooms are not common in the Worcester market. The three bedroom unit features vaulted ceilings. Several of the units feature remodeled kitchens with granite countertops. Hot water is separate to each unit. Six units are heated by a common oil fired boiler, one unit is heated with electric baseboard. Plenty of off street parking. Located in close proximity to UMASS Memorial Hospital, and highway access.

Last Agent to Sell the Property

Anthony Evangelista

A & E Realty Company, Inc. Listed on: 09/13/2023

Last Buyer's Agent

Majd Sbat

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,224

Year Built

  • Built in 1988

Lot Details

  • 9,767

Home Design

  • 7,190 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 14 Full Bathrooms

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • 9,767 Sq Ft Lot
  • 7 Heating Zones

Listing and Financial Details

  • Total Actual Rent $11,200
  • Assessor Parcel Number 1762076

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park

Building Details

  • Insurance Expense $5,043
  • Water Sewer Expense $6,000
  • Operating Expense $20,781
  • Net Operating Income $113,619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,224

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1988
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Other
  • Fireplace YN: No
  • Total Bedrooms: 15
  • Full Bathrooms: 14
  • Total Bathrooms: 14
  • Total Bathrooms: 14
  • Living Area: 7190
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: K95368
  • LIST PRICE PER Sq Ft: 236.44
  • PRICE PER Sq Ft: 226.7
  • MAIN SO: AN0475

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Electric: Other (See Remarks)
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 7
  • COOLING ZONES: 0
  • Hot Water: Oil, Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 6000

Lot Info

  • Parcel Number: 1762076
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9767
  • Lot Size Units: Acres
  • PAGE: 00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Other (See Remarks)

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11224
  • Tax Book Number: 00

Multi Family

  • Gross Income: 134400
  • Insurance Expense: 5043
  • Net Operating Income: 113619
  • Number Of Units Total: 7
  • Operating Expense: 20781
  • Total Actual Rent: 11200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 3
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

Range of Values:

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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
03/14/2024 03/14/24 Sold $1,630,000 -4.1% $227 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $1,700,000 -- $236 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73158727

MLS Property Information Network (MLS PIN)