Seller's Agent in 2021
Jason Saphire
www.HomeZu.com
(877) 249-5478
4 in this area
2,157 Total Sales
26 Catharine St Worcester, MA 01605
Bell Hill Neighborhood
18
Beds
6
Baths
6,000
Sq Ft
0.25
Acres
About This Home
As of June 2021This rare 6-unit multi-family located in one of the best areas of Worcester offers off street parking, fenced in back yard, 3 bedroom units, lead certificates, modern electric service, rubber roof, all separate utilities, gas boilers with radiators in each room, and the building has been fully insulated by MassSave. This well maintained building is walking distance to the UMASS Hospital, WPI, and one block from Grant Square Park. The property has 6 units. 3 units are currently rented to subsidized tenants and generate consistent rental income today with the potential for substantial rent increases. Recent HUD increases in Worcester have paved the way for this property to increase revenue simply by bringing the current subsidized tenants’ rent up to the new payment standard. That allows a buyer to enjoy a significant increase in cash flow shortly after purchase. This one won't last! Current rents are below market. Property could gross over $10k/mo.
Last Buyer's Agent
Thiago DeMatos
eXp Realty License #453014389
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 0.25
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
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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 |
|---|---|---|---|---|
| 06/14/2021 06/14/21 | Sold | $875,000 | +1.8% | $146 / Sq Ft |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- |
| 04/30/2021 04/30/21 | For Sale | $859,700 | -- | $143 / 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 | $12,119 | $918,800 | $112,500 | $806,300 |
| 2024 | $11,305 | $822,200 | $45,000 | $777,200 |
| 2023 | $11,549 | $805,400 | $28,200 | $777,200 |
| 2022 | $8,825 | $580,200 | $28,200 | $552,000 |
| 2021 | $7,105 | $436,400 | $28,200 | $408,200 |
| 2020 | $5,894 | $346,700 | $28,200 | $318,500 |
| 2019 | $5,944 | $330,200 | $27,000 | $303,200 |
| 2018 | $6,076 | $321,300 | $27,000 | $294,300 |
| 2017 | $6,175 | $321,300 | $27,000 | $294,300 |
| 2016 | $6,076 | $294,800 | $43,200 | $251,600 |
| 2015 | $5,832 | $290,600 | $39,000 | $251,600 |
| 2014 | $5,678 | $290,600 | $39,000 | $251,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Saphire
-
T
Buyer's Agent in 2021
Thiago DeMatos
eXp Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72823548
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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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