NOT LISTED FOR SALE
23 Beds
7 Baths
8,176 Sq Ft
5,663 Sq Ft Lot

Last Sold June 21, 2021

Last sale price $1,100,000 $135 Per Sq Ft

14 Days on Market

About This Home

As of June 2021

**EXCELLENT TURN-KEY INVESTMENT OPPORTUNITY** Fully-rented 7-unit located a block from downtown Main St & less than a mile to the NEW Polar Park, future home of Worcester Red Sox & thriving Canal district development project. Property consists of (5) - 3 bed units; (2) - 4 bed units. Property well-maintained & professionally managed. Gross rent-roll below market @ $111,888; and operating expenses @ $29,000/year. See attached income & expense breakdown. All utilities are separate. Cost/Unit of $157,000 makes it an attractive investment. Polar Park, a 10,000-seat baseball stadium,140-room extended stay hotel, 110-room boutique hotel, 225 market-rate apts, 96,000 sqft office building above, 50,000 sqft of retail & restaurants, 500+ parking spaces. This is an exciting time for the city of Worcester. The following colleges are between 4 min &10 min drive from the building (WPI, Holy Cross, Clark, Assumption College, Worcester State, UMass Medical School, Becker & Mass College of Pharmacy)

Last Agent to Sell the Property

Steve Martin

Aluxety Listed on: 02/22/2021

Last Buyer's Agent

Nina Sable

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,663

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:03 B:008 L:00029

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 4285
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 133.19
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Total Flrs: 1
  • No Bedrooms: 23
  • Total Brs: 23
  • Full Bathrooms: 7
  • Total Fbh: 7
  • No Rooms: 25
  • Basement: Y
  • Basement Features: Full, Partial
  • Main Lo: AN1532
  • Main So: AN6527
  • Estimated Sq Ft: 8176.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Foundation: Poured Concrete, Concrete Block, Fieldstone, Brick

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 2630

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School

Lot Info

  • Assessments: 486200.00
  • Acre: 0.13
  • Lot Size: 5777.00
  • Page: 165
  • Parcel Number: M:03 B:008 L:00029
  • Zoning: BG-3
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Rent: 9324
  • Total Rms: 39
  • No Units: 7
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 8265.00
  • Assessor Parcel Number: 1763831
  • Tax Year: 2020

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $1,100,000 +1.0% $135 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $1,089,000 +153.3% $133 / Sq Ft
05/11/2016 05/11/16 Sold $430,000 -2.3% $53 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
01/18/2016 01/18/16 Price Changed $439,900 -2.2% $54 / Sq Ft
11/16/2015 11/16/15 For Sale $450,000 +8.4% $55 / Sq Ft
12/18/2013 12/18/13 Sold $415,000 -4.4% $51 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $434,000 -- $53 / 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: 72788421

MLS Property Information Network (MLS PIN)