NOT LISTED FOR SALE
5 Beds
5 Baths
4,690 Sq Ft
0.25 Acres

Last Sold August 09, 2024

Last sale price $875,000 $187 Per Sq Ft

62 Days on Market

Highlights

  • Property is near public transit
  • Solid Surface Countertops
  • Balcony
  • Wood Flooring
  • Community Pool
  • Porch

About This Home

As of August 2024

Turn key operation! 5 large one bedroom units. Lovely area of the city and totally rebuilt after a fire in 2018. All permitted electric services, heating systems, kitchens, and baths. All new appliances. Upgraded cabinets with crown moldings, granite countertops, and stainless appliances. Completely rebuilt front porch and railings also completely rebuilt rear stairways and decks. Roof 14 years old. 4 new FHA heat units. Top floor has central A/C as well. 5th unit has older radiator/steam system. Level lot with 8 car off street parking. $80,400 gross yearly income. Close to shopping, highways, airport and all of Worcester's amenities. 2 miles to downtown and Kelley Square. Quality rental units with excellent tenants! New build in a classic 1920's shell.

Last Listed By

Alisa Waskevich

Waskevich Realty Group Listed on: 04/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,741

Year Built

  • Built in 2018

Lot Details

  • 0.25

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,690 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Balcony
  • Rain Gutters
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Heating System Uses Steam
  • Separate Meters
  • 100 Amp Service

Additional Features

  • 0.25 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $6,700
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 1776696

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Community Pool

Building Details

  • Electric Expense $420
  • Insurance Expense $6,000
  • Water Sewer Expense $2,000
  • Operating Expense $8,420
  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,741

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 2018
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Tile, Varies, Laminate, Hardwood
  • Interior Amenities: Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Bathroom With Tub & Shower, Kitchen, Living RM/Dining RM Combo
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Bulkhead
  • Living Area: 4690
  • Spa YN: No
  • Stories Total: 11
  • MAIN LO: AN0560
  • LIST PRICE PER Sq Ft: 207.89
  • PRICE PER Sq Ft: 186.57
  • MAIN SO: AN0560

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Individual, Steam
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Laundromat
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2000

Lot Info

  • Parcel Number: 1776696
  • Zoning: Bl
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10973
  • Lot Size Units: Acres
  • PAGE: 164
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10741
  • Tax Book Number: 48608

Multi Family

  • Electric Expense: 420
  • Gross Income: 80400
  • Insurance Expense: 6000
  • Net Operating Income: 72000
  • Number Of Units Total: 5
  • Operating Expense: 8420
  • Total Actual Rent: 6700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $875,000 -10.3% $187 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $975,000 -2.0% $208 / Sq Ft
04/10/2024 04/10/24 For Sale $995,000 +290.2% $212 / Sq Ft
02/29/2012 02/29/12 Sold $255,000 -13.6% $61 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
11/21/2011 11/21/11 For Sale $295,000 -- $70 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73222015

MLS Property Information Network (MLS PIN)