NOT LISTED FOR SALE

Estimated Value: $624,528 - $682,000

9 Beds
3 Baths
3,174 Sq Ft
$204/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $570,000 $180 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,038/month

3 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Porch
  • Medical Services
  • Jogging Path
  • Park

About This Home

As of July 2023

Attn: Investors! Locked in leases until June 2024, WPI returning students. $54k Gross income. Family trust owned and operated for over 20 years. Great loc'n near WPI. Has been an ideal investment property regularly maintained, mostly housing college students. Plenty parking in back!

Last Agent to Sell the Property

Mark Abasciano

Mark Abasciano Real Estate Listed on: 05/16/2023

Last Buyer's Agent

Mark Abasciano

Mark Abasciano Real Estate Listed on: 05/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,675

Year Built

  • Built in 1880

Lot Details

  • 6,000 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation

Interior Spaces

  • 3,174 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Porch
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,490
  • Assessor Parcel Number M:02 B:035 L:00018,1763225

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Building Details

  • Electric Expense $2,873
  • Insurance Expense $3,574
  • Water Sewer Expense $1,337
  • Operating Expense $9,036
  • Net Operating Income $44,844

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,675

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2.25
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Carpet
  • Fireplace YN: No
  • Appliances: Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3174
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN0475
  • LIST PRICE PER Sq Ft: 162.26
  • PRICE PER Sq Ft: 179.58
  • MAIN SO: AN0475

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Public School, University, Sidewalks
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1337

Lot Info

  • Parcel Number: M:02 B:035 L:00018,1763225
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6000
  • Lot Size Units: Acres
  • PAGE: 339
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6675
  • Tax Book Number: 28578

Multi Family

  • Electric Expense: 2873
  • Gross Income: 53880
  • Insurance Expense: 3574
  • Net Operating Income: 44844
  • Number Of Units Total: 2
  • Operating Expense: 9036
  • Total Actual Rent: 4490
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 1999
Sold by
Borthwick Lois M Est and Borthwick
Bought by
Broggi Mary Ann
Current Estimated Value
$646,132
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Broggi Mary Ann $42,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $570,000 +10.7% $180 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $515,000 -- $162 / 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 $7,514 $569,700 $89,600 $480,100
2024 $7,131 $518,600 $89,600 $429,000
2023 $6,675 $465,500 $77,900 $387,600
2022 $6,510 $428,000 $62,300 $365,700
2021 $5,810 $356,900 $49,900 $307,000
2020 $5,372 $316,000 $49,500 $266,500
2019 $5,249 $291,600 $43,200 $248,400
2018 $5,091 $269,200 $43,200 $226,000
2017 $4,776 $248,500 $43,200 $205,300
2016 $4,792 $232,500 $31,800 $200,700
2015 $4,666 $232,500 $31,800 $200,700
2014 $3,890 $199,100 $31,800 $167,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73111659

MLS Property Information Network (MLS PIN)

APN: WORC-000002-000035-000018