$610,000
SOLD OCT 2, 2023 RENTED NOV 4, 2024
3 Beds
1 Bath
3,690 Sq Ft
5,250 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

2% Below List Price

27 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Garage
  • Heating System Uses Natural Gas

About This Home

As of October 2023

Don't miss out on this great investment opportunity! Fully rented 3 family with great rents located just minutes away from WooSox Polar Park! Next to Worcester Academy, and just minutes to major routes, shopping, restaurants, parks and much more! This property has 3 bedrooms in each unit with a large eat in kitchen. Each unit pays separate utilities. Roof is just 4 years old. Each unit has its own washer and dryer hook ups. There is a 2 car garage, which is used by first floor tenants, who maintain the private back yard and take care of snow removal. Some updates have been done to third floor, including two brand new ventless Gas heaters, fresh paint and refinished hardwood floors. There are also hardwood floors underneath all carpets in every unit. This house is a great investment opportunity, do not miss out! Group showing

Last Agent to Sell the Property

Brandon Oberdorfer

The Neighborhood Realty Group Listed on: 07/06/2023

The Neighborhood Realty Group

Last Buyer's Agent

Michael Tinsley

Longwood Residential, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,718

Year Built

  • Built in 1909

Lot Details

  • 5,250 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Triplex
  • Stone Foundation

Interior Spaces

  • 3,690 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Net Operating Income $57,600

Listing and Financial Details

  • Total Actual Rent $4,800
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 1765439

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,718

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1909
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 3690
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN3365
  • LIST PRICE PER Sq Ft: 168.02
  • PRICE PER Sq Ft: 165.31
  • MAIN SO: AC1259

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None, Unit 1(None)
  • Heating: Natural Gas, Unit 1(Hot Water Baseboard), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1765439
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5250
  • Lot Size Units: Acres
  • PAGE: 304
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7718
  • Tax Book Number: 65716

Multi Family

  • Gross Income: 57699
  • Net Operating Income: 57600
  • Number Of Units Total: 3
  • Total Actual Rent: 4800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $457,500 Purchase Money Mortgage
Closed $413,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Rented $1,900 0.0% --
11/02/2024 11/02/24 Under Contract -- -- --
10/29/2024 10/29/24 Price Changed $1,900 -5.0% $2 / Sq Ft
10/15/2024 10/15/24 For Rent $2,000 0.0% --
10/02/2023 10/02/23 Sold $610,000 -1.6% $165 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $620,000 0.0% $168 / Sq Ft
09/06/2021 09/06/21 Rented -- -- --
08/28/2021 08/28/21 For Rent $1,650 0.0% --
07/29/2021 07/29/21 Sold $551,000 +4.0% $149 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $529,900 -- $144 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $8,818 $668,500 $65,200 $603,300
2024 $8,085 $588,000 $65,200 $522,800
2023 $7,718 $538,200 $52,400 $485,800
2022 $6,750 $443,800 $41,900 $401,900
2021 $5,993 $368,100 $33,500 $334,600
2020 $5,520 $324,700 $33,600 $291,100
2019 $4,802 $266,800 $33,200 $233,600
2018 $4,690 $248,000 $33,200 $214,800
2017 $4,394 $228,600 $33,200 $195,400
2016 $4,312 $209,200 $27,100 $182,100
2015 $4,199 $209,200 $27,100 $182,100
2014 $4,088 $209,200 $27,100 $182,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73132690

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000034-000040