A
Seller's Agent in 2024
Amy Nelson
Realty North
1 in this area
2 Total Sales
227 Grove St Worcester, MA 01605
Indian Lake East NeighborhoodEstimated Value: $542,000 - $755,000
4
Beds
2
Baths
2,142
Sq Ft
$289/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Jogging Path
- Open Floorplan
- Mud Room
- Shops
About This Home
As of February 202475,600 GROSS YEARLY - FULLY REHABBED AND FULLY LEASED TO HIGHLY QUALIFIED TENANTS -TRIPLE INCOME: 2 APARTMENTS / 1 LOT - CLOSE TO WPI CAMPUS and easily accessible to major routes. 2 modern, updated one level units have been thoughtfully designed with roomy wide open floor plans, beautifully appointed with shaker cabinetry, stainless appliances, recessed lighting, classic look easy care floors, in-unit washer/dryer, large common entry/mudroom, plenty of off street parking....2nd floor apartment has spacious, walk up attic for future expansion. ALL THE WORK HAS BEEN DONE - JUST COLLECT RENT!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,028
Year Built
- Built in 1940
Lot Details
- 8,944 Sq Ft Lot
Home Design
- Duplex
- Brick Foundation
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,142 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Mud Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $6,400
- Assessor Parcel Number 1762258
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $76,800
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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 |
|---|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $685,000 | -0.6% | $320 / Sq Ft | |
| 01/27/2024 01/27/24 | Pending | -- | -- | -- | |
| 01/09/2024 01/09/24 | Price Changed | $689,000 | -6.8% | $322 / Sq Ft | |
| 12/27/2023 12/27/23 | For Sale | $739,000 | +163.9% | $345 / Sq Ft | |
| 10/13/2023 10/13/23 | Sold | $280,000 | -13.8% | $131 / Sq Ft | View Prior Sale |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- | |
| 07/17/2023 07/17/23 | For Sale | $325,000 | -- | $152 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,630 | $578,500 | $98,200 | $480,300 |
| 2024 | $4,322 | $314,300 | $98,200 | $216,100 |
| 2023 | $4,028 | $280,900 | $85,400 | $195,500 |
| 2022 | $3,847 | $252,900 | $68,300 | $184,600 |
| 2021 | $3,375 | $207,300 | $54,700 | $152,600 |
| 2020 | $3,181 | $187,100 | $54,300 | $132,800 |
| 2019 | $3,236 | $179,800 | $47,400 | $132,400 |
| 2018 | $3,179 | $168,100 | $47,400 | $120,700 |
| 2017 | $3,021 | $157,200 | $47,400 | $109,800 |
| 2016 | $2,908 | $141,100 | $33,700 | $107,400 |
| 2015 | $2,832 | $141,100 | $33,700 | $107,400 |
| 2014 | $2,757 | $141,100 | $33,700 | $107,400 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Nelson
-
Cristina Faria
Buyer's Agent in 2024
Cristina Faria
Coldwell Banker Realty - Worcester
(508) 816-1921
1 in this area
66 Total Sales
-
Erin Zamarro
Seller's Agent in 2023
Erin Zamarro
Coldwell Banker Realty - Worcester
(508) 847-7100
4 in this area
74 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73189064
APN: WORC-000001-000001D-000005
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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