24 Proctor St Worcester, MA 01606
Indian Lake East NeighborhoodEstimated Value: $461,000 - $592,000
4
Beds
2
Baths
1,700
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Property is near public transit
- Living Room
- Lake View
- Jogging Path
- Shops
About This Home
As of March 2024OPEN HOUSE CANCELLED/OFFER ACCEPTED.The perfect INVESTOR/LANDLORD opportunity! A fully renovated and vacant multifamily offering 2 units overlooking the beautiful Indian Lake! This newly renovated home in this great community is offering 2 bedrooms and 1 bathroom per unit. The first floor presents gleaming hardwoods, an updated kitchen, in-unit laundry area with plenty of room for storage. The upstairs unit offers beautiful, upgraded flooring throughout, new cabinets, a large closet in the primary bedroom, a new water heater and an in-unit laundry room. In this unit you'll see a stunning view of the lake and have private access to the very tranquil backyard and patio. Start or grow your rental portfolio here with this turnkey investment property or maximize your opportunity as a first-time homebuyer with a unit to rent out.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,615
Year Built
- Built in 1920
Lot Details
- 4,959 Sq Ft Lot
- Private Waterfront
- Fenced
Property Views
- Lake
- Scenic Vista
Home Design
- Manufactured Home on a slab
- Frame Construction
- Asphalt Roof
Interior Spaces
- 1,700 Sq Ft Home
- Property has 1 Level
- Living Room
- Range
- Washer
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Utilities
- 2 Heating Zones
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $5,000
- Legal Lot and Block 00019 / 15
- Assessor Parcel Number M:13 B:015 L:00019,1775205
Community Details
Recreation
- Jogging Path
Additional Features
- 2 Units
- Shops
- Net Operating Income $60,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 1990
Sold by
Broderick Thomas
Bought by
Broderick Thomas
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Interest Rate
9.64%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Worcester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Broderick Thomas | $6,500 | -- | |
| Broderick Thomas | $6,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drozdowski Piotr | $555,544 | |
| Closed | Drozdowski Piotr | $554,766 | |
| Closed | Mcgorty Ryan M | $192,000 | |
| Closed | Mccorty Ryan M | $34,000 | |
| Closed | Broderick Thomas F | $85,000 | |
| Closed | Broderick Thomas | $6,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | $565,000 | +7.6% | $332 / Sq Ft |
| 02/16/2024 02/16/24 | Pending | -- | -- | -- |
| 02/11/2024 02/11/24 | For Sale | $525,000 | -- | $309 / 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 | $4,015 | $304,400 | $97,300 | $207,100 |
| 2024 | $3,884 | $282,500 | $97,300 | $185,200 |
| 2023 | $3,615 | $252,100 | $84,600 | $167,500 |
| 2022 | $3,434 | $225,800 | $67,700 | $158,100 |
| 2021 | $2,979 | $183,000 | $54,200 | $128,800 |
| 2020 | $2,825 | $166,200 | $54,200 | $112,000 |
| 2019 | $2,887 | $160,400 | $48,700 | $111,700 |
| 2018 | $2,844 | $150,400 | $48,700 | $101,700 |
| 2017 | $2,716 | $141,300 | $48,700 | $92,600 |
| 2016 | $2,611 | $126,700 | $36,200 | $90,500 |
| 2015 | $2,543 | $126,700 | $36,200 | $90,500 |
| 2014 | $2,476 | $126,700 | $36,200 | $90,500 |
Source: Public Records
Agents Affiliated with this Home
-
Amber Martin
A
Seller's Agent in 2024
Amber Martin
Lamacchia Realty, Inc.
(774) 813-7528
3 in this area
46 Total Sales
-
Monique Frigon
Buyer's Agent in 2024
Monique Frigon
RE/MAX
(413) 404-7826
1 in this area
151 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73201399
APN: WORC-000013-000015-000019
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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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