NOT LISTED FOR SALE

Estimated Value: $678,347 - $779,000

12 Beds
6 Baths
4,287 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $615,000 $143 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,926/month

18 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • 0.27 Acre Lot
  • 1 Fireplace
  • Park

About This Home

As of May 2022

Huge, well-maintained 3-family in Worcester! This property is a no-brainer for both investors and owner-occupants. Units 2 & 3 are vacant and ready for an owner-occupant and also a great opportunity for an investor to get quality tenants in place. Each unit has 4 bedrooms and 2 bathrooms, their own porches, and hardwood floors scattered throughout. Individually metered electric, plenty of off-street parking, a great-sized backyard, and a washer & dryer in the basement. Located close to many restaurants, about a mile from Polar Park, under 2 miles to WPI, and easy highway access. Don't miss your chance to invest in one of the hottest housing markets!

Last Agent to Sell the Property

James Black

Real Broker MA, LLC Listed on: 02/23/2022

Real Broker MA, LLC

Co-Listed By

Richard Jenkins

Real Broker MA, LLC

Last Buyer's Agent

Ernesto Erazo

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,499

Year Built

  • Built in 1910

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,287 Sq Ft Home
  • 1 Fireplace
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

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

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater

Additional Features

  • Porch
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $7,500
  • Assessor Parcel Number M:06 B:025 L:00033,1767741

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,499

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies Per Unit,Laminate,Hardwood
  • Interior Amenities: Unit 3(Pantry,Walk-In Closet), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Oil Water Heater,Gas Water Heater,Water Heater(Varies Per Unit), Utility Connections for Electric Range
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 4287
  • Stories Total: 6
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 139.93
  • PRICE PER Sq Ft: 143.46
  • MAIN SO: BB9067

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Oil), Unit 2(Gas), Unit 3(Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, University

Lot Info

  • Parcel Number: M:06 B:025 L:00033,1767741
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761.2
  • Lot Size Units: Acres
  • LOT SIZE: 11734
  • PAGE: 138

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7499
  • Tax Book Number: 62005

Multi Family

  • Gross Income: 20400
  • Net Operating Income: 20400
  • Number Of Units Total: 3
  • Total Actual Rent: 7500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
May 5, 2022
Sold by
Chinchilla Elsy G
Bought by
Chinchilla Elsy G and Chinchilla Jose Perez
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Ernesto Erazo
United Brokers
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Total Days on Market
18
Current Estimated Value
$735,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,587
Avg. Annual Appreciation
5.91%

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 3, 2020
Sold by
Worcester Dev Project 2
Bought by
Kosun Group Llc
Seller's Agent
The Riel Estate Team
Keller Williams Pinnacle Central
Buyer's Agent
Jean Tse
Keller Williams Boston MetroWest
List Price
$480,000
Sold Price
$510,000
Premium/Discount to List
$30,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Listed on
Sep 28, 2018
Closed on
Oct 26, 2018
Sold by
Rinnus Susan E
Bought by
Worcester Dev Project
Seller's Agent
David Stead
RE/MAX Partners
Buyer's Agent
Candice Bettencourt
OWN IT
List Price
$200,000
Sold Price
$270,000
Premium/Discount to List
$70,000
35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.62%

Purchase Details

Closed on
May 5, 1993
Sold by
Waller Robert L and Waller Janet
Bought by
Rinnus Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.47%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Chinchilla Elsy G -- None Available
Kosun Group Llc $510,000 None Available
Worcester Dev Project $270,000 --
Rinnus Susan $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rinnus Susan E $100,000
Previous Owner Rinnus Susan E $100,000
Previous Owner Waller Robert L $70,000
Previous Owner Waller Robert L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $615,000 +2.5% $143 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $599,900 0.0% $140 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $599,900 +17.6% $140 / Sq Ft
03/06/2020 03/06/20 Sold $510,000 +6.3% $119 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $480,000 +77.8% $112 / Sq Ft
10/26/2018 10/26/18 Sold $270,000 +35.0% $63 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $200,000 -- $47 / 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 $9,800 $743,000 $77,200 $665,800
2024 $8,987 $653,600 $77,200 $576,400
2023 $8,568 $597,500 $62,000 $535,500
2022 $7,483 $492,000 $49,600 $442,400
2021 $7,499 $460,600 $47,600 $413,000
2020 $5,591 $328,900 $44,100 $284,800
2019 $4,914 $273,000 $47,200 $225,800
2018 $4,658 $246,300 $47,200 $199,100
2017 $4,386 $228,200 $47,200 $181,000
2016 $4,314 $209,300 $29,300 $180,000
2015 $4,201 $209,300 $29,300 $180,000
2014 $4,090 $209,300 $29,300 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72945598

MLS Property Information Network (MLS PIN)

APN: WORC-000006-000025-000033