Maurissa Thibeault
Coldwell Banker Realty Leominster MA
(978) 850-6298
125 Total Sales
1 in Downtown Worcester
$210,000 Price
21 Sycamore St Worcester, MA 01608
Downtown Worcester Neighborhood
23
Beds
7
Baths
8,176
Sq Ft
5,663
Sq Ft 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
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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
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
Feb 22, 2021
Closed on
Apr 28, 2021
Sold by
Spg Group Llc
Bought by
Seller's Agent
Steve Martin
Aluxety
Buyer's Agent
Nina Sable
William Raveis R.E. & Home Services
List Price
$1,089,000
Sold Price
$1,100,000
Premium/Discount to List
$11,000
1.01%
Purchase Details
Closed on
Mar 7, 2019
Sold by
Java Properties Worcester
Bought by
Spg Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 16, 2015
Closed on
May 10, 2016
Sold by
Rana Group Llc
Bought by
Java Properties Worces
Seller's Agent
Sherri Way
Keller Williams Boston MetroWest
Buyer's Agent
Lillian Montalto
Lillian Montalto Signature Properties
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.71%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 26, 2013
Closed on
Jan 6, 2014
Sold by
Ne Capital Llc
Bought by
Rana Group Llc
Seller's Agent
David Brasington
Glickman Kovago & Company
Buyer's Agent
David Brasington
Glickman Kovago & Company
List Price
$434,000
Sold Price
$415,000
Premium/Discount to List
-$19,000
-4.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$332,000
Interest Rate
4.24%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 23, 2011
Sold by
18 Main Street Llc and Dishington
Bought by
Ne Capital Llc
Purchase Details
Closed on
Feb 11, 2010
Sold by
Fairway Fund 1 Llc and Fairway Capital Llc
Bought by
Fairway Fund 1 Llc
Purchase Details
Closed on
Jul 31, 2008
Sold by
Fairway Fund 1 Llc and Rechdan
Bought by
Fairway Fund 1 Llc
Purchase Details
Closed on
Mar 11, 2005
Sold by
Aboody Paul
Bought by
Rechdan Elie
Purchase Details
Closed on
Feb 18, 2003
Sold by
21 Sycamore St Trust and Zitomersky
Bought by
Aboody Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Interest Rate
5.88%
Mortgage Type
Commercial
Purchase Details
Closed on
May 15, 1987
Sold by
Fox Donald
Bought by
21 Sycamore Street Tr
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Worcester, MA
-
Maurissa Thibeault
-
Jose Rojas
Jose Rojas
William Raveis R.E. & Home Services
(781) 404-3627
69 Total Sales
1 in Downtown Worcester
$212,000 Price
-
Brenda Ryan
Brenda Ryan
Aucoin Ryan Realty
(774) 402-3704
50 Total Sales
1 in Downtown Worcester
$260,000 Price
-
James Kalogeropoulos
James Kalogeropoulos
RE/MAX Partners
(774) 545-8720
85 Total Sales
1 in Downtown Worcester
$250,000 Price
-
Lisa Green-Browne
Lisa Green-Browne
Keller Williams Realty
(781) 725-6648
80 Total Sales
1 in Downtown Worcester
$840,000 Price
-
Juliana Danquah
Juliana Danquah
XSell Realty, LLC
(774) 515-4040
103 Total Sales
2 in Downtown Worcester
$150K - $165K 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 |
|---|---|---|---|
| $1,100,000 | None Available | ||
| Spg Group Llc | $805,000 | -- | |
| Java Properties Worces | $430,000 | -- | |
| Rana Group Llc | $415,000 | -- | |
| Ne Capital Llc | -- | -- | |
| Fairway Fund 1 Llc | $400,519 | -- | |
| Fairway Fund 1 Llc | $400,519 | -- | |
| Rechdan Elie | $450,000 | -- | |
| Aboody Paul | $292,600 | -- | |
| 21 Sycamore Street Tr | $120,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | -- | $636,000 | |
| Closed | -- | $322,500 | |
| Previous Owner | -- | $332,000 | |
| Previous Owner | Ne Capital Llc | $50,000 | |
| Previous Owner | New England Capital Ll | $110,000 | |
| Closed | Dishington Nathan | $80,000 | |
| Closed | Aboody Paul E | $26,600 |
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 | 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 | -- | $54 / 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 | $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
-
SM
Seller's Agent in 2021
Steve Martin
Aluxety
-
Nina Sable
Buyer's Agent in 2021
Nina Sable
William Raveis R.E. & Home Services
(508) 733-8935
70 Total Sales
-
SW
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
233 Total Sales
-
DB
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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