Jeff Marget
Lamacchia Realty, Inc.
(978) 736-6021
3 Total Sales
1 in University Park
$2,300,000 Price
20 King St Worcester, MA 01610
University Park Neighborhood
14
Beds
3
Baths
6,116
Sq Ft
0.5
Acre Lot
Highlights
- Medical Services
- Property is near public transit
- Park
- 0.5 Acre Lot
- 6 Fireplaces
- 1-minute walk to Oread Castle Park
About This Home
As of July 2022Unique investment opportunity! Large (14) Bedroom, (3) Bath Rooming House with great potential . Estimated bedroom rent of $650.00 monthly and the opportunity to gross over $109,000 a year! Situated on a large 21,576 sqft lot with the potential to sub-divide and or create additional parking. The building has been Historically preserved and features all original hardwood flooring throughout and one of a kind craftsmanship. Updates include; Heating system, hot water tank, electrical and a partial roof replacement. This property is equipped with a sprinkler system and smoke alarm system! Close proximity to public transportation and downtown Worcester.
Last Agent to Sell the Property
The O'Rourke Group Real Estate Professionals Listed on: 05/23/2022
Last Buyer's Agent
Lynn Brooks
Godin Real Estate
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,835
Year Built
- Built in 1880
Lot Details
- 21,576 Sq Ft Lot
- Gentle Sloping Lot
- Cleared Lot
Home Design
- Rooming House
- Frame Construction
- Shingle Roof
- Marble or Granite Building Materials
Interior Spaces
- 6,116 Sq Ft Home
- 6 Fireplaces
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- 3 Full Bathrooms
Parking
- 9 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
Utilities
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $2,660
- Assessor Parcel Number M:06 B:018 L:00022,1767422
Community Details
Overview
- 14 Units
- Property has 1 Level
Amenities
- Medical Services
- Coin Laundry
Recreation
- Park
Building Details
- Insurance Expense $4,650
- Operating Expense $31,895
- Net Operating Income $25
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2022
Closed on
Jul 8, 2022
Sold by
R M Realty Corp
Bought by
Seller's Agent
Paul O'Rourke
The O'Rourke Group Real Estate Professionals
Buyer's Agent
Lynn Brooks
Godin Real Estate
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 13, 2020
Sold by
Norquist Robert
Bought by
Harrington Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,729
Interest Rate
2.9%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in University Park, MA
-
Jeff Marget
-
Marie Presti
Marie Presti
Barrett Sotheby's International Realty
(857) 336-1481
100 Total Sales
1 in University Park
$667,500 Price
-
Katie Bilotta
Katie Bilotta
ERA Key Realty Services - Worcester
(508) 552-9412
46 Total Sales
1 in University Park
$267,000 Price
-
Myai Emery-Le
Myai Emery-Le
Emery-Le Team Realty, LLC
(508) 552-4898
41 Total Sales
1 in University Park
$644,000 Price
-
Kelly Nelson
Kelly Nelson
Blue Sky Realty
(774) 772-5572
56 Total Sales
4 in University Park
$520K - $668K Price Range
-
Luis Torres
Luis Torres
RE/MAX Prof Associates
(351) 300-4323
101 Total Sales
4 in University Park
$220K - $620K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $550,000 | None Available | ||
| Harrington Alexander | $291,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $770,000 | ||
| Closed | -- | $612,000 | |
| Closed | New Life Llc | $280,500 | |
| Previous Owner | -- | $285,729 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $550,000 | 0.0% | $90 / Sq Ft |
| 05/28/2022 05/28/22 | Pending | -- | -- | -- |
| 05/23/2022 05/23/22 | For Sale | $549,900 | -- | $90 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,846 | $519,000 | $97,000 | $422,000 |
| 2024 | $6,179 | $449,400 | $97,000 | $352,400 |
| 2023 | $7,365 | $513,600 | $97,000 | $416,600 |
| 2022 | $6,835 | $449,400 | $80,900 | $368,500 |
| 2021 | $7,070 | $434,300 | $80,900 | $353,400 |
| 2020 | $6,389 | $375,800 | $80,900 | $294,900 |
| 2019 | $5,863 | $325,700 | $78,800 | $246,900 |
| 2018 | $5,970 | $315,700 | $70,000 | $245,700 |
| 2017 | $6,068 | $315,700 | $70,000 | $245,700 |
| 2016 | $6,197 | $300,700 | $70,000 | $230,700 |
| 2015 | $6,035 | $300,700 | $70,000 | $230,700 |
| 2014 | $5,876 | $300,700 | $70,000 | $230,700 |
Source: Public Records
Agents Affiliated with this Home
-
Paul O'Rourke
Seller's Agent in 2022
Paul O'Rourke
The O'Rourke Group Real Estate Professionals
(774) 312-6615
2 in this area
95 Total Sales
-
LB
Buyer's Agent in 2022
Lynn Brooks
Godin Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72986445
APN: WORC-000006-000018-000022
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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