NOT LISTED FOR SALE
8 Beds
4 Baths
4,292 Sq Ft
5,000 Sq Ft Lot

Last Sold October 23, 2023

Last sale price $680,000 $158 Per Sq Ft

8 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Cooling Available
  • Property is near public transit
  • Jogging Path
  • Park

About This Home

As of October 2023

OFFER DEADLINE MONDAY 9/11 @12PM. Looking for a new investment property? Look no further! Built like a dream, this 4-family in Worcester is a great addition to any investment portfolio or great for an owner-occupant. Each unit has two large bedrooms, lovely kitchens and expansive living rooms! Unit 1 is ready to accommodate a new tenant or owner occupant. Convenient coin op laundry can be found in the 1st floor back hallway, with separate hot water tank for coin op washer. Water heaters are recently replaced and TONS of recent major upgrades await you! Great-sized yard in the back and below market rents leave room for improvement to maximize cash flow. Conveniently situated near UMass and downtown, with the conveniences of highway access, restaurants, and shopping. This investment is a no-brainer!

Last Agent to Sell the Property

James Black

Real Broker MA, LLC Listed on: 09/04/2023

Real Broker MA, LLC

Last Buyer's Agent

Jennifer Greenman

Coldwell Banker Realty - Easton

Coldwell Banker Realty - Easton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,910

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Gentle Sloping Lot
  • Cleared Lot

Home Design

  • 4,292 Sq Ft Home
  • Quadruplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Elm Park Elementary School
  • Worcester East Middle School
  • Worcester Tech High School

Utilities

  • Cooling Available
  • 4 Heating Zones
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $3,875
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:16 B:006 L:00009,1777819

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $46,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,910

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • 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,Tile,Hardwood
  • Interior Amenities: 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: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room, Washer Hookup
  • Basement: Full, Interior Entry, Dirt Floor, Unfinished
  • Living Area: 4292
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4866
  • LIST PRICE PER Sq Ft: 145.62
  • PRICE PER Sq Ft: 158.43
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Other, Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks)), Unit 3(Other (See Remarks)), Unit 4(Other (See Remarks))
  • Heating: Electric, Unit 1(Forced Air,Gas,Individual), Unit 2(Forced Air,Gas,Individual), Unit 3(Gas,Individual), Unit 4(Gas,Individual)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:16 B:006 L:00009,1777819
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping, Sloped
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 186
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7910
  • Tax Book Number: 63400

Multi Family

  • Gross Income: 46500
  • Net Operating Income: 46496
  • Number Of Units Total: 4
  • Total Actual Rent: 3875
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Worcester Tech
  • Elementary School: Elm Park Elem
  • Middle Or Junior School: Worcester East

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
10/23/2023 10/23/23 Sold $680,000 +8.8% $158 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/04/2023 09/04/23 For Sale $625,000 +125.2% $146 / Sq Ft
10/12/2017 10/12/17 Sold $277,500 +6.8% $64 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $259,900 +88.3% $60 / Sq Ft
01/09/2014 01/09/14 Sold $138,000 -7.4% $33 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
12/04/2013 12/04/13 For Sale $149,000 +65.6% $35 / Sq Ft
11/08/2013 11/08/13 Sold $90,000 0.0% $21 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $90,000 -- $21 / 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: 73154855

MLS Property Information Network (MLS PIN)