$790,000
SOLD DEC 11, 2024
9 Beds
3.5 Baths
4,284 Sq Ft
4,739 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Shops
  • Deck
  • Enclosed Patio or Porch
  • Property is near schools

About This Home

As of December 2024

OPEN HOUSE! SATURDAY OCT. 19TH, 12-1:30PM /// Fantastic Investment opportunity in Grafton Hill neighborhood! This 3-family apartment building has been well maintained and consists of three fully deleaded, 3-bedroom units with separate utilities, updated electrical (100amps/unit) and a dedicated landlord panel. Enclosed porches, oversized common entry stair, and flexible floor plans throughout easily accommodating a 4th bedroom in the 2 upper units. Long-term tenancy, 4 off-street parking, fenced yard, storage sheds, and two sealcoated driveways. Attractive proximity to downtown Worcester including Umass Memorial, Union Station (commuter rail), Routes 9, 20 and 146 as well as I-90 Mass pike, MCPHS, Assumption, and Holy Cross College, and the brand new Polar Park. Approx. 45 minute drive to both downtown Boston and Providence, RI. Roof approx. 17 yrs old. 3 brand new HW heaters ~2023. Don't miss your chance to invest in the Worcester multi-family market with loads of upside potential!

Last Agent to Sell the Property

James Riel

JR Associates Listed on: 10/15/2024

Last Buyer's Agent

The Lauture Group

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,978

Year Built

  • Built in 1898

Lot Details

  • 4,739 Sq Ft Lot
  • Fenced

Home Design

  • 4,284 Sq Ft Home
  • Manufactured Home on a slab
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near schools

Schools

  • Union Hill Elementary School
  • Saint Paul Middle School
  • Saint Paul High School

Utilities

  • 3 Heating Zones
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $4,950
  • Assessor Parcel Number M:18 B:008 L:00015,1780224

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Operating Expense $15,499
  • Net Operating Income $59,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,978

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1898
  • Year Built Details: Approximate
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full, Concrete, Unfinished
  • Living Area: 4284
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN0852
  • LIST PRICE PER Sq Ft: 178.57
  • PRICE PER Sq Ft: 184.41
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone, Slab
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:18 B:008 L:00015,1780224
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4739
  • Lot Size Units: Acres
  • PAGE: 45
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7978
  • Tax Book Number: 53777

Multi Family

  • Gross Income: 59400
  • Net Operating Income: 59400
  • Number Of Units Total: 3
  • Operating Expense: 15499
  • Total Actual Rent: 4950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Saint Paul
  • Elementary School: Union Hill
  • Middle Or Junior School: Saint Paul

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Miceli Courtney A
Bought by
Mcgloin David and Mcgloin Courtney
Current Estimated Value
$818,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2015
Closed on
May 28, 2015
Sold by
Stone Ronald C Est
Bought by
Miceli Courtney A
Seller's Agent
MaryAnn Riel
Landmark Estates Realty
Buyer's Agent
John Mansfield
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$280,000
Sold Price
$282,000
Premium/Discount to List
$2,000
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$276,892
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2010
Sold by
Cornacchioli Louis and Colacchio Irene A
Bought by
Stone Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2009
Sold by
Decillis Maria C
Bought by
Cornacchioli Louis and Colacchio Irene
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $282,000 --
Deed $228,000 --
Deed $228,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $592,000 Purchase Money Mortgage
Closed $592,000 Purchase Money Mortgage
Closed $248,000 New Conventional
Previous Owner $276,892 FHA
Previous Owner $171,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $790,000 +3.3% $184 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $765,000 +171.3% $179 / Sq Ft
05/28/2015 05/28/15 Sold $282,000 +0.7% $66 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $280,000 -- $65 / 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 $8,657 $656,300 $94,200 $562,100
2024 $7,978 $580,200 $94,200 $486,000
2023 $7,645 $533,100 $81,900 $451,200
2022 $6,654 $437,500 $65,500 $372,000
2021 $6,199 $380,800 $52,400 $328,400
2020 $5,731 $337,100 $52,400 $284,700
2019 $5,513 $306,300 $47,200 $259,100
2018 $5,386 $284,800 $47,200 $237,600
2017 $5,045 $262,500 $47,200 $215,300
2016 $4,850 $235,300 $35,200 $200,100
2015 $4,022 $200,400 $35,200 $165,200
2014 -- $200,400 $35,200 $165,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73302598

MLS Property Information Network (MLS PIN)

APN: WORC-000018-000008-000015