NOT LISTED FOR SALE

Estimated Value: $731,000 - $826,000

6 Beds
3 Baths
4,037 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $748,086 $185 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,818/month

7 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Jogging Path
  • Wood Flooring
  • Upgraded Countertops
  • Walk-In Closet

About This Home

As of October 2024

Fantastic Investment Opportunity in Worcester! This well-maintained 3-family home is perfect for both investors and owner-occupants. Unit one offers a unique layout with two bedrooms, including one with a walk-in closet, a spacious kitchen, and a combined living/dining area, along with a full bath. Units two and three share the same functional design, featuring a comfortable living room, dining room, and screened balcony, plus two generously sized bedrooms. All units include in-unit laundry for added convenience. Big ticket updates include a newer roof and newer heating system on first floor and newer gas on gas heaters on the 2nd and 3rd floors! With plenty of off-street parking, this property presents a prime opportunity for rental income! Commuter’s dream, easy access to Route 146! Don’t miss out on this exceptional investment!

Last Listed By

Mark Balestracci

Lamacchia Realty, Inc. Listed on: 08/21/2024

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,258

Year Built

  • Built in 1923

Lot Details

  • 8,100 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,037 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Storage
  • Storm Doors

Kitchen

  • Range
  • Upgraded Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 6 Car Parking Spaces
  • Paved Parking
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • 4 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $5,100
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 00004 / 045
  • Assessor Parcel Number M:10 B:045 L:00004

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,258

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1923
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Tile, Laminate, Hardwood
  • Interior Amenities: Ceiling Fan(s), Storage, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Living Room, Kitchen, Dining Room, Laundry Room
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 4037
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 173.15
  • PRICE PER Sq Ft: 185.31
  • MAIN SO: AN8160

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s), None, Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:10 B:045 L:00004
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Gentle Sloping, Level
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8100
  • Lot Size Units: Acres
  • PAGE: 227
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6258
  • Tax Block: 045
  • Tax Book Number: 61313
  • Tax Lot: 00004
  • Tax Map Number: 10

Multi Family

  • Gross Income: 61200
  • Net Operating Income: 61200
  • Number Of Units Total: 3
  • Total Actual Rent: 5100
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Oct 28, 2019
Sold by
Alice Marsoobian Ft
Bought by
Mcinerny Drew
Seller's Agent
Maureen Army
Coldwell Banker Realty - Worcester
Buyer's Agent
Mark Balestracci
Lamacchia Realty, Inc.
List Price
$335,000
Sold Price
$360,000
Premium/Discount to List
$25,000
7.46%
Total Days on Market
7
Current Estimated Value
$764,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,616
Avg. Annual Appreciation
14.68%
Original Mortgage
$342,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2008
Sold by
Marsoobian Alice
Bought by
Alice Marsoobian Ft and Marsoobian

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 Buyer Sale Price Title Company
Mcinerny Drew $360,000 --
Alice Marsoobian Ft -- --
Alice Marsoobian Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sebag Divinity C $709,555
Closed Sebag Divinity C $709,555
Closed Mcinerny Drew $345,000
Closed Mcinerny Drew $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $748,087 +7.0% $185 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $699,000 +94.2% $173 / Sq Ft
10/28/2019 10/28/19 Sold $360,000 +7.5% $90 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $335,000 -- $83 / 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 $6,701 $508,000 $118,000 $390,000
2024 $6,258 $455,100 $118,000 $337,100
2023 $5,958 $415,500 $102,600 $312,900
2022 $5,171 $340,000 $82,100 $257,900
2021 $4,807 $295,300 $65,600 $229,700
2020 $4,491 $264,200 $65,700 $198,500
2019 $4,477 $248,700 $59,100 $189,600
2018 $4,404 $232,900 $59,100 $173,800
2017 $4,163 $216,600 $59,100 $157,500
2016 $3,904 $189,400 $43,100 $146,300
2015 $3,801 $189,400 $43,100 $146,300
2014 $3,701 $189,400 $43,100 $146,300
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73280386

MLS Property Information Network (MLS PIN)

APN: WORC-000010-000045-000004