NOT LISTED FOR SALE

47 Eastern Ave Worcester, MA 01605

Shrewsbury Street Neighborhood
14 Beds
7 Baths
6,068 Sq Ft
4,356 Sq Ft Lot

Last Sold June 28, 2021

Last sale price $860,000 $142 Per Sq Ft

9 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Jogging Path
  • Medical Services
  • Corner Lot
  • Enclosed Patio or Porch

About This Home

As of June 2021

Seven units! Great income producing investment opportunity conveniently located near many amenities. Minutes away from restaurants/shops/UMass Memorial hospital and Union Station. Less than two miles away from Worcester Polar park. Easy highway access. Property couldn't be more central to all the great things Worcester has to offer. Utilities separately metered, all units have washer/dryer hook ups. Two bay garage currently rented for extra income. Schedule a showing today!

Last Agent to Sell the Property

Alyssa Coyle

Real Broker MA, LLC Listed on: 05/09/2021

Real Broker MA, LLC

Last Buyer's Agent

Frank Celeste

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,989

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 6,068 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Laundry Room
  • Enclosed Patio or Porch

Listing and Financial Details

  • Total Actual Rent $7,503
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:16 B:013 L:00019,1778155

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Building Details

  • Electric Expense $1,200
  • Insurance Expense $4,532
  • Water Sewer Expense $3,000
  • Operating Expense $26,572
  • Net Operating Income $78,889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,989

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 10

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet), Unit 3(Tile Floor,Wall to Wall Carpet), Unit 4(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub), Unit 2(Bathroom With Tub), Unit 3(Bathroom With Tub), Unit 4(Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 14
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
  • Basement: Full, Partial, Finished
  • Living Area: 6068
  • Stories Total: 10
  • MAIN LO: AN6181
  • MAIN SO: BB5918

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3000

Lot Info

  • Parcel Number: M:16 B:013 L:00019,1778155
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4199

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7989

Multi Family

  • Electric Expense: 1200
  • Insurance Expense: 4532
  • Net Operating Income: 78889
  • Number Of Units Total: 7
  • Operating Expense: 26572
  • Total Actual Rent: 7503
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

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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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
06/28/2021 06/28/21 Sold $860,000 +1.2% $142 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $850,000 -- $140 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alyssa Coyle

    Real Broker MA, LLC

    Section Image
  • Frank Celeste

    Buyer's Agent in 2021

    Frank Celeste

    Gibson Sothebys International Realty

    (617) 872-3227

    1 in this area

    457 Total Sales

    Frank Celeste
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72828029

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Worcester 01605 Shrewsbury Street

47 Eastern Ave, Worcester, MA

Not Listed for Sale

MultiFamily

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