NOT LISTED FOR SALE

Estimated Value: $702,133 - $781,000

9 Beds
3 Baths
3,937 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $630,000 $160 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,687/month

5 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Garage
  • Heating Available
  • Porch

About This Home

As of October 2023

Introducing a phenomenal investment opportunity in the heart of Worcester, MA (01606) w/ this incredible 3-family property. Each spacious unit boasts a comfortable layout featuring 3 bedrooms, 1 bathroom, a separate living room & dining area for versatile living. The eat-in kitchens come complete with all the essentials. These units are a renters dream, thanks to gas heating systems and updated electric panels that offer peace of mind for both tenants and landlords. The property is accompanied by a detached 3-car garage offering additional income potential or storage solutions. An nicely sized off street parking area ensures that parking woes are a thing of the past. Situated in an unbeatable commuter location, this property is just minutes from major highways, blending convenience and profitability seamlessly. With enormous potential,, this property is a savvy addition to any real estate portfolio. Don't miss a chance to own a lucrative piece of Worcester's thriving rental market.

Last Agent to Sell the Property

Jared Meehan

RE/MAX Bell Park Realty Listed on: 09/12/2023

RE/MAX  Bell Park Realty

Last Buyer's Agent

Daniel Gladek

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,329

Year Built

  • Built in 1916

Lot Details

  • 7,375

Parking

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

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,937 Sq Ft Home
  • Window Screens
  • Washer

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

  • Pboe Elementary And Middle School
  • Pboe High School

Utilities

  • No Cooling
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected

Additional Features

  • Porch
  • 7,375 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $4,150
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1773890

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,329

Year Built

Built in 1916

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1916
  • Buyer Agency: 2
  • Transaction Broker: .5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Dirt Floor, Concrete
  • Living Area: 3937
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: BB9146
  • LIST PRICE PER Sq Ft: 157.45
  • PRICE PER Sq Ft: 160.02
  • MAIN SO: AN4866

Exterior Features

  • Exterior Features: Porch,Gutters,Screens,Varies per Unit
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Steam,Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Electric: 100 Amp Service, Common, Individually Metered, Varies per Unit
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 1773890
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7375
  • Lot Size Units: Acres
  • PAGE: 31
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8329
  • Tax Book Number: 52838

Multi Family

  • Gross Income: 49800
  • Net Operating Income: 49800
  • Number Of Units Total: 3
  • Total Actual Rent: 4150
  • 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

MLS Schools

  • High School: Pboe
  • Elementary School: Pboe
  • Middle Or Junior School: Pboe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2014
Sold by
Bildoeau Ronald and Bildoeau Christine
Bought by
Ronald & C Bilodeau Rt and Bildoeau
Current Estimated Value
$739,533
Source: Public Records

Range of Values:

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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
Ronald & C Bilodeau Rt -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $630,000 +1.6% $160 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $619,900 -- $157 / 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 $9,368 $710,200 $117,700 $592,500
2024 $8,690 $632,000 $117,700 $514,300
2023 $8,329 $580,800 $102,300 $478,500
2022 $7,284 $478,900 $81,900 $397,000
2021 $6,761 $415,300 $65,500 $349,800
2020 $4,947 $291,000 $65,500 $225,500
2019 $4,952 $275,100 $58,900 $216,200
2018 $4,884 $258,300 $58,900 $199,400
2017 $4,632 $241,000 $58,900 $182,100
2016 $4,392 $213,100 $42,800 $170,300
2015 $4,277 $213,100 $42,800 $170,300
2014 $4,164 $213,100 $42,800 $170,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73158393

MLS Property Information Network (MLS PIN)

APN: WORC-000012-000006-000004