B
Seller's Agent in 2024
Ben Kovacs
Byrnes Real Estate Group LLC
(774) 217-2268
4 in this area
83 Total Sales
40 Merrifield St Worcester, MA 01605
Shrewsbury Street Neighborhood
12
Beds
4
Baths
4,770
Sq Ft
9,294
Sq Ft Lot
Highlights
- Medical Services
- Deck
- Corner Lot
- City View
- Property is near public transit
- Enclosed Patio or Porch
About This Home
As of December 2024Discover an exceptional investment opportunity with this fully renovated 4-family rental property situated on a desirable corner lot in Worcester! This property boasts modern upgrades throughout, including all new mechanical systems—plumbing, electrical, and heating. Each unit features energy-efficient tankless on-demand hot water heaters, along with stylish quartz countertops and stainless steel appliances, ensuring both comfort and luxury for tenants. Currently, three units are vacant and ready for new tenants, making it ideal for an investor looking to maximize rental income. The top-floor unit is already generating $2,300 per month, providing a strong foundation for your investment. Additional highlights include off-street parking for six cars, a rare convenience in the area. This property is strategically located near Worcester's largest hospitals and a variety of popular restaurants, making it appealing to potential renters.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,261
Year Built
- Built in 2024
Lot Details
- 9,294 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Quadruplex
- Brick Foundation
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,770 Sq Ft Home
- Vinyl Flooring
- City Views
- Electric Dryer Hookup
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
- Enclosed Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $9,500
- Assessor Parcel Number M:16 B:012 L:00020
Community Details
Overview
- 4 Units
- Property has 1 Level
Recreation
- Park
Additional Features
- Medical Services
- Net Operating Income $114,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $970,000 | -1.0% | $203 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $980,000 | -- | $205 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Ben Kovacs
-
Mark Savage
M
Seller Co-Listing Agent in 2024
Mark Savage
Byrnes Real Estate Group LLC
(781) 789-4902
2 in this area
13 Total Sales
-
Candor Realty Group
C
Buyer's Agent in 2024
Candor Realty Group
Four Points Real Estate, LLC
(978) 710-5616
2 in this area
383 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73304804
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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