NOT LISTED FOR SALE
6 Beds
4 Baths
3,319 Sq Ft
5,760 Sq Ft Lot

Last Sold April 18, 2024

Last sale price $690,000 $208 Per Sq Ft

10 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Level Lot
  • Porch
  • 2 Car Garage

About This Home

As of April 2024

OPEN HOUSE CANCELED-OFFER ACCEPTED Investment property opportunity. Steps from WPI! Great location in the heart of Worcester. Wachusett St. connects Highland and Institute, a great spot to be! This 4 family is fully rented and ready to start making you money! The first floor offers two units, one front and one back, each with 1 bedroom and 1 full bath with the heat , hot water and electric included in rent. The second floor offers a more spacious unit with 3 large bedrooms each with hardwood floors, 1 full bath, heat, hot water and electric included in rent. The third floor offers a 1 bedroom 1 full bath with heat, hot water and electric included in the rent. Off street parking for 4 cars with a detached 2 car garage included as well, currently used for storage. Located near all local amenities, offering walking proximity to WPI campus, and easy highway access for commuters!

Last Listed By

The Riel Estate Team

Keller Williams Pinnacle Central Listed on: 03/04/2024

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,662

Year Built

  • Built in 1914

Lot Details

  • 5,760 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 3,319 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $6,025
  • Rent includes unit 1(heat electric hot water), unit 2(heat electric hot water), unit 3(heat electric hot water), unit 4(heat electric hot water)
  • Assessor Parcel Number M:02 B:043 L:00067,1763525

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Electric Expense $3,570
  • Insurance Expense $4,075
  • Water Sewer Expense $827
  • Operating Expense $13,137
  • Net Operating Income $59,163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,662

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1914
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Unfinished
  • Living Area: 3319
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN8160
  • LIST PRICE PER Sq Ft: 210.88
  • PRICE PER Sq Ft: 207.89
  • MAIN SO: BB1175

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Electric,Hot Water), Unit 2(Heat,Electric,Hot Water), Unit 3(Heat,Electric,Hot Water), Unit 4(Heat,Electric,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 827

Lot Info

  • Parcel Number: M:02 B:043 L:00067,1763525
  • Zoning: 0
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5760
  • Lot Size Units: Acres
  • PAGE: 49
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8662
  • Tax Book Number: 33969

Multi Family

  • Electric Expense: 3570
  • Gross Income: 63392
  • Insurance Expense: 4075
  • Net Operating Income: 59163
  • Number Of Units Total: 4
  • Operating Expense: 13137
  • Total Actual Rent: 6025
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
04/18/2024 04/18/24 Sold $690,000 -1.4% $208 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $699,900 -- $211 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73208151

MLS Property Information Network (MLS PIN)