NOT LISTED FOR SALE

57 Cutler St Worcester, MA 01604

Union HIll Neighborhood
13 Beds
5 Baths
4,800 Sq Ft
6,970 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $700,000 $146 Per Sq Ft

61 Days on Market

About This Home

As of October 2021

Unique opportunity to own TWO multi-families on ONE lot! 57 Cutler Street has three spacious 3-bedroom units with laundry hookups, a new boiler for the 2nd floor installed in 2016, pantries, hardwood floors scattered throughout, and a personal porch for each unit. 59 Cutler St is a two-family each offering 2 bedroom units, a new deck, and a new sewer line. Both properties are fully rented allowing you to sit back and reap the benefits of your investment! Location, location, location; less than 5 minutes from Polar Park, Union Station, access to 290 shopping, and dining. Now is your chance to invest in one of the hottest zip codes in the country!

Last Agent to Sell the Property

James Black

Real Broker MA, LLC Listed on: 06/17/2021

Real Broker MA, LLC

Last Buyer's Agent

Anthony Villa

Realty ONE Group Nest

Realty ONE Group Nest

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 6,970

Additional Features

  • Property has 1 Level
  • 5 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Grafton St to Dorchester St to Cutler St.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Unit 4(Range), Electric Water Heater, Utility Connections for Gas Range
  • Has Basement: Full, Interior Entry
  • MAIN LO: AC0342
  • MAIN SO: AN4339
  • Full Bathrooms: 5
  • Total Bedrooms: 13
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1(Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Stories: 10

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Public Record Does Not Display Living Area Sq. Footage; Buyer Agent To Confirm. Annual Water Amount Covers Water & Sewer. Electric Is $204.64 For The Front And $349.14 For The Back
  • Lot Features: Cleared
  • Patio And Porch Features: Porch
  • Waterfront: No

Utilities

  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Individual), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Annual Water Sewer Expense: 4147

Lot Info

  • LOT SIZE: 6953
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6969.6
  • Zoning: RG-5

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Electric Expense: 554
  • Annual Gross Income: 61800
  • Insurance Expense: 5332
  • Property Net Operating Income: 51767
  • Number Of Units Total: 5
  • Annual Operating Expense: 10033
  • Total Actual Rent: 5150

Tax Info

  • Tax Annual Amount: 9368.66
  • Tax Book Number: 9588
  • Tax Year: 2020

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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List Price
Sold Price
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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
10/12/2021 10/12/21 Sold $700,000 -3.4% $146 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $724,900 -3.3% $151 / Sq Ft
06/17/2021 06/17/21 For Sale $749,900 -- $156 / 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 $11,123 $843,300 $117,100 $726,200
2024 $10,387 $755,400 $117,100 $638,300
2023 $9,282 $647,300 $58,000 $589,300
2022 $11,140 $732,400 $46,400 $686,000
2021 $11,735 $720,800 $37,100 $683,700
2020 $9,836 $578,600 $34,400 $544,200
2019 $8,420 $467,800 $38,700 $429,100
2018 $8,150 $431,000 $38,700 $392,300
2017 $6,883 $358,100 $38,700 $319,400
2016 $6,890 $334,300 $30,800 $303,500
2015 $6,709 $334,300 $30,800 $303,500
2014 $6,532 $334,300 $30,800 $303,500
Source: Public Records

Agents Affiliated with this Home

  • James Black

    Seller's Agent in 2021

    James Black

    Real Broker MA, LLC

    (508) 365-3532

    6 in this area

    816 Total Sales

    James Black
    Section Image

  • A

    Buyer's Agent in 2021

    Anthony Villa

    Realty ONE Group Nest

    (978) 361-7652

    1 in this area

    8 Total Sales

    Anthony Villa
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72851752

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Worcester 01604 Union HIll

57 Cutler St, Worcester, MA

Not Listed for Sale

MultiFamily

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