NOT LISTED FOR SALE

Estimated Value: $566,000 - $715,000

8 Beds
3 Baths
2,860 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $505,000 $177 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,904/month

38 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Corner Lot
  • Medical Services
  • Wood Flooring
  • 5-minute walk to Grant Square

About This Home

As of December 2022

Here is your chance to own an investment property in Worcester!! Located within walking distance to Greenhill park is this large 3 unit building with forced hot air by gas heating systems for each apartment!! These are spacious units offering 3-4br and 1 bath per unit. Updated windows, electrical. Lots of additional space in the basement where you can provide coin-op laundry or finish it for additional space to rent with he first floor. All utilities are separately metered. Easy access to medical facilities, colleges, shopping and highway's. Third floor rent is estimated. First and second floor rents are under market rates.

Last Listed By

Rich Trifone

RE/MAX Vision Listed on: 08/26/2022

RE/MAX Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,755

Year Built

  • Built in 1880

Lot Details

  • 4,253 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,860 Sq Ft Home
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,500
  • Rent includes unit 2(water), unit 3(water)
  • Assessor Parcel Number M:09 B:007 L:00016,1770789

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $420
  • Water Sewer Expense $2,100
  • Operating Expense $5,020
  • Net Operating Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,755

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • 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: 6

Interior Features

  • Flooring: Wood,Tile
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2860
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: K95622
  • LIST PRICE PER Sq Ft: 183.57
  • PRICE PER Sq Ft: 176.57
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Hot Water Radiators,Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Rent Includes: Unit 2(Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 2100

Lot Info

  • Parcel Number: M:09 B:007 L:00016,1770789
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4253
  • Lot Size Units: Acres
  • PAGE: 288
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4755
  • Tax Book Number: 46450

Multi Family

  • Electric Expense: 420
  • Gross Income: 51600
  • Net Operating Income: 51600
  • Number Of Units Total: 3
  • Operating Expense: 5020
  • Total Actual Rent: 4500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2010
Sold by
Amer General Fncl Svc
Bought by
Atorourke Llc
Total Days on Market
38
Current Estimated Value
$622,700

Purchase Details

Closed on
Oct 4, 2010
Sold by
Kwarteng Collins A
Bought by
American General Fncl

Purchase Details

Closed on
Mar 1, 2001
Sold by
Mura Robert W
Bought by
Nyarko Adwoa

Purchase Details

Closed on
Sep 29, 1989
Sold by
Goyette Patricia
Bought by
City Of Worcester

Purchase Details

Closed on
Sep 26, 1989
Sold by
Goyette Albert
Bought by
Mura Robert

Range of Values:

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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 Buyer Sale Price Title Company
Atorourke Llc $115,000 --
American General Fncl $155,000 --
Nyarko Adwoa $144,000 --
City Of Worcester $1,203 --
Mura Robert $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Denise A $470,000
Open Atorourke Llc $1,500,000
Closed Mura Robert $500,000
Previous Owner Mura Robert $186,597
Previous Owner Mura Robert $186,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $505,000 -3.8% $177 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $525,000 -- $184 / 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 $5,422 $411,100 $72,500 $338,600
2024 $5,288 $384,600 $72,500 $312,100
2023 $5,291 $369,000 $63,100 $305,900
2022 $4,755 $312,600 $50,500 $262,100
2021 $3,796 $233,200 $40,400 $192,800
2020 $3,339 $196,400 $40,100 $156,300
2019 $3,443 $191,300 $35,000 $156,300
2018 $3,493 $184,700 $35,000 $149,700
2017 $3,308 $172,100 $35,000 $137,100
2016 $3,217 $156,100 $25,600 $130,500
2015 $3,133 $156,100 $25,600 $130,500
2014 $3,050 $156,100 $25,600 $130,500
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73029857

MLS Property Information Network (MLS PIN)

APN: WORC-000009-000007-000016