NOT LISTED FOR SALE

55 Eastern Ave Worcester, MA 01605

Shrewsbury Street Neighborhood
6 Beds
6 Baths
6,384 Sq Ft
6,637 Sq Ft Lot

Last Sold May 20, 2024

Last sale price $1,100,000 $172 Per Sq Ft

4 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • City View
  • Property is near public transit
  • Corner Lot

About This Home

As of May 2024

Well maintained and tastefully updated 6 unit property comprised of 6-1 bedroom, 1 bathroom units (1,056 sq ft. per) All have individual heat, hot water tanks and electric panels and are separately metered. Coin up laundry in basement. Situated on a corner lot with a large paved parking lot (a rare commodity in the subject area). New fire panel, motion detected LED lighting in hallways, electric service and emergency lighting. 5 of the 6 units are rented (4 TAW and 1 Lease) with the 6th unit updated and waiting for the new owner.

Last Agent to Sell the Property

Stephen Renaud

Fox Run Realty Listed on: 04/19/2024

Last Buyer's Agent

Juliana O'Brien

BA Property & Lifestyle Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,154

Year Built

  • Built in 1900

Lot Details

  • 6,637 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 6,384 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Room
  • City Views
  • Range

Flooring

  • Wood
  • Pine Flooring
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • 6 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $5,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Legal Lot and Block 00017 / 012
  • Assessor Parcel Number M:16 B:012 L:00017,1778109

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Operating Expense $8,000
  • Net Operating Income $58,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,154

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Buyer Agency 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: 10

Interior Features

  • Flooring: Wood, Tile, Vinyl, Carpet, Pine, Stone/Ceramic Tile
  • Interior Amenities: Laundry Room, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Walk-Out Access
  • Living Area: 6384
  • Spa YN: No
  • Stories Total: 10
  • Window Features: Insulated Windows, Screens
  • MAIN LO: K70009
  • MAIN SO: AN7401

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Asphalt/Composition Shingles
  • View: City View(s), City
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Cooling: None
  • Heating: Wall Unit, Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Private School, Public School, University, Sidewalks
  • 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:012 L:00017,1778109
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6637
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8153.75
  • Tax Block: 012
  • Tax Lot: 00017

Multi Family

  • Net Operating Income: 58000
  • Number Of Units Total: 6
  • Operating Expense: 8000
  • Total Actual Rent: 5500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • 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
05/20/2024 05/20/24 Sold $1,100,000 +10.1% $172 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $999,000 0.0% $156 / Sq Ft
10/01/2014 10/01/14 Rented $650 -7.1% --
09/01/2014 09/01/14 Under Contract -- -- --
08/20/2014 08/20/14 For Rent $700 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stephen Renaud

    Fox Run Realty

    (508) 357-2100

    1 in this area

    2 Total Sales

    Stephen Renaud
    Section Image
  • Juliana O'Brien

    Buyer's Agent in 2024

    Juliana O'Brien

    BA Property & Lifestyle Advisors

    (508) 333-6933

    1 in this area

    35 Total Sales

    Juliana O'Brien
    Section Image
  • Michael Madulka

    Seller's Agent in 2014

    Michael Madulka

    Quinsigamond Realty

    (508) 579-7777

    70 Total Sales

    Michael Madulka
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73226125

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

55 Eastern Ave, Worcester, MA

Not Listed for Sale

MultiFamily

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