S
Seller's Agent in 2021
Steve Martin
Aluxety
21 Sycamore St Worcester, MA 01608
Downtown Worcester Neighborhood
23
Beds
7
Baths
8,176
Sq Ft
5,663
Sq Ft Lot Lot
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
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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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
| 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 | $16,989 | $1,288,000 | $52,800 | $1,235,200 |
| 2024 | $15,272 | $1,110,700 | $52,800 | $1,057,900 |
| 2023 | $16,726 | $1,166,400 | $82,700 | $1,083,700 |
| 2022 | $15,523 | $1,020,600 | $66,200 | $954,400 |
| 2021 | $12,679 | $778,800 | $47,300 | $731,500 |
| 2020 | $8,265 | $486,200 | $47,300 | $438,900 |
| 2019 | $8,336 | $463,100 | $52,000 | $411,100 |
| 2018 | $8,487 | $448,800 | $52,000 | $396,800 |
| 2017 | $8,626 | $448,800 | $52,000 | $396,800 |
| 2016 | $8,450 | $410,000 | $47,300 | $362,700 |
| 2015 | $7,948 | $396,000 | $33,300 | $362,700 |
| 2014 | $6,589 | $337,200 | $33,300 | $303,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Nina Sable
Buyer's Agent in 2021
Nina Sable
William Raveis R.E. & Home Services
(508) 733-8935
1 in this area
75 Total Sales
-
S
Seller's Agent in 2016
Sherri Way
Keller Williams Boston MetroWest
-
Lillian Montalto
Buyer's Agent in 2016
Lillian Montalto
Lillian Montalto Signature Properties
(978) 815-6300
213 Total Sales
-
D
Seller's Agent in 2013
David Brasington
Glickman Kovago & Company
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72788421
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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