Monique Frigon
RE/MAX Generations
(413) 992-3209
153 Total Sales
1 in University Park
$675,000 Price
20 Loudon St Worcester, MA 01610
University Park NeighborhoodEstimated Value: $724,338
5
Beds
5
Baths
5,943
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Barn or Stable
- Property is near public transit and schools
- Porch
- Deck
- Wood Flooring
- Park
About This Home
As of September 202220 Loudon Street is a five-unit apartment building next to Clark University that features all one-bed/one-bath apartments. The units feature oak cabinets, tile, carpet and hardwood flooring, and white/gas appliances. The building has gas-fired boiler steam heat. All utilities are included in the rents. Off-street parking and coin-op laundry are available for tenants. New boiler and newer roof. The current owner operates their business out of the barn/office and plan to become the 6th tenant where separate electric and gas utilities are available. Buyers have the ability to acquire a fully occupied and stabilized asset with significant upside to increase rents due to long term tenancy. Loudon Street is located on the edge of Clark University where off-campus housing is highly demanded and presents an opportunity for buyers to capitalize on significantly higher than average market rents.
Last Agent to Sell the Property
Marcus & Millichap Real Estate Investment Services Listed on: 04/12/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,437
Year Built
- Built in 1890
Lot Details
- 7,840
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,943 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Additional Features
- 7,840 Sq Ft Lot
- Property is near public transit and schools
- Barn or Stable
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $5,425
- Assessor Parcel Number 1768048
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Electric Expense $3,481
- Insurance Expense $2,000
- Water Sewer Expense $1,352
- Operating Expense $20,266
- Net Operating Income $46,881
Home Values in the Area
Average Home Value in this Area
Agents Specializing in University Park, MA
-
Monique Frigon
-
Michele Myles
Michele Myles
(978) 829-4852
23 Total Sales
1 in University Park
$555,000 Price
-
Mary Stolarczyk
Mary Stolarczyk
RE/MAX Vision
(774) 703-4116
105 Total Sales
1 in University Park
$643,500 Price
-
Jose Frias
Jose Frias
Responds QuicklyRealty ONE Group Nest
(351) 215-0157
129 Total Sales
1 in University Park
$815,000 Price
-
Johnny Long
Johnny Long
PRIVI Realty LLC
(857) 353-8035
167 Total Sales
2 in University Park
$690K - $800K Price Range
-
Lia Carminati
Lia Carminati
Be Live in Realty
(617) 500-6025
57 Total Sales
2 in University Park
$530K - $649K Price Range
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 |
|---|---|---|---|---|
| 09/29/2022 09/29/22 | Sold | $615,000 | -18.0% | $103 / Sq Ft |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- |
| 04/12/2022 04/12/22 | For Sale | $750,000 | -- | $126 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Matthew Pierce
Seller's Agent in 2022
Matthew Pierce
Marcus & Millichap Real Estate Investment Services
(617) 896-7200
3 in this area
4 Total Sales
-
Lori Poirier
Buyer's Agent in 2022
Lori Poirier
Coldwell Banker Realty - Franklin
(508) 254-8093
1 in this area
51 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72965869
APN: WORC-000006-000037-000015
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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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