NOT LISTED FOR SALE

33 William St Worcester, MA 01609

Elm Park Neighborhood
5 Beds
5 Baths
3,376 Sq Ft
3,920 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $659,900 $195 Per Sq Ft

4 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Shops
  • Property is near public transit and schools
  • Park
  • Coin Laundry

About This Home

As of September 2021

Excellent investor opportunity in the highly coveted WPI / Elm Park area!!! This 5 unit building features many upgrades over the past year. Four units have been updated & one unit has a new heating system. Two - 2 bedroom units, One- big 1 bedroom unit & 2 studios / small 1 bedrooms. The vacant 2 BR unit features brand new shaker style cabinets, SS appliances & granite countertops. Much of the charm & character has been preserved in this property & is evident upon opening the front door into the large hallway that showcases the natural woodwork & beautiful main staircase. High ceilings too! There is a small driveway that can accommodate 2 cars tandem (think no big plowing bills!). Tenants pay their own utilities w/ the exception of water & sewer. This could be a great building for anyone needing a property for a 1031 exchange. Great PAYING tenants too! Truly a low maintenance building & a hidden gem. Get in on Worcester's rapidly rising real estate market while you still can!

Last Agent to Sell the Property

Jackie Painchaud

The Neighborhood Realty Group Listed on: 07/20/2021

The Neighborhood Realty Group

Last Buyer's Agent

David Eldredge

Realty Solutions Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,522

Year Built

  • Built in 1900

Lot Details

  • 3,920

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • 3,376 Sq Ft Home
  • Property has 1 Level
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 3,920 Sq Ft Lot
  • Property is near public transit and schools
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $4,510
  • Assessor Parcel Number M:02 B:039 L:00045,1763391

Community Details

Overview

  • 5 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Insurance Expense $2,900
  • Operating Expense $2,900
  • Net Operating Income $69,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,522

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 2(Wood Flooring)
  • Interior Amenities: Unit 2(Crown Molding,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range,Disposal,Refrigerator)
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Living Area: 3376
  • Stories Total: 3
  • MAIN LO: AN6800
  • MAIN SO: AN0200

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Parcel Number: M:02 B:039 L:00045,1763391
  • Zoning: BO-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3812

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6522

Multi Family

  • Insurance Expense: 2900
  • Net Operating Income: 69720
  • Number Of Units Total: 5
  • Operating Expense: 2900
  • Total Actual Rent: 4510
  • LEVELS 1: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2021 09/16/21 Sold $659,900 0.0% $195 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $659,900 +50.0% $195 / Sq Ft
11/19/2020 11/19/20 Sold $440,000 -1.3% $130 / Sq Ft View Prior Sale
08/18/2020 08/18/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $445,900 -- $132 / 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 $9,674 $733,400 $60,900 $672,500
2024 $8,898 $647,100 $60,900 $586,200
2023 $7,612 $530,800 $33,200 $497,600
2022 $6,624 $435,500 $26,500 $409,000
2021 $6,522 $400,600 $21,200 $379,400
2020 $4,869 $286,400 $19,700 $266,700
2019 $4,934 $274,100 $18,300 $255,800
2018 $4,620 $244,300 $18,300 $226,000
2017 $4,307 $224,100 $18,300 $205,800
2016 $4,388 $212,900 $27,500 $185,400
2015 $4,273 $212,900 $27,500 $185,400
2014 $4,160 $212,900 $27,500 $185,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jackie Painchaud

    The Neighborhood Realty Group

    (774) 253-9354

    4 in this area

    101 Total Sales

    Jackie Painchaud
    Section Image
  • David Eldredge

    Buyer's Agent in 2021

    David Eldredge

    Realty Solutions Inc.

    (617) 930-4684

    1 in this area

    11 Total Sales

    David Eldredge
    Section Image
  • Bob Mellen

    Seller's Agent in 2020

    Bob Mellen

    Century 21 Custom Home Realty

    (508) 944-7608

    1 in this area

    58 Total Sales

    Bob Mellen
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72868588

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Worcester 01609 Elm Park

33 William St, Worcester, MA

Not Listed for Sale

MultiFamily

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