$580,000
SOLD SEP 12, 2024
7 Beds
3 Baths
3,228 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$180 Per Sq Ft

6% Below List Price

23 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Plywood Flooring
  • Medical Services
  • Property is near public transit
  • Enclosed patio or porch

About This Home

As of September 2024

This multi-unit property offers a fantastic opportunity for investors seeking strong returns. The property boasts a desirable location near UMass Memorial Hospital and Downtown Worcester, ensuring consistent rental demand. Two of the units are already occupied by tenants, providing immediate rental income. The vacant unit allows you to set competitive rates and find a qualified tenant quickly. This is a rare chance to acquire a well-located multi-unit property in Worcester's thriving market. Contact us today to schedule a showing and learn more about this exceptional investment opportunity.

Last Agent to Sell the Property

Elaine Evans Group

RE/MAX Generations Listed on: 05/31/2024

Last Buyer's Agent

David Matthews

NextHome Soundings Realty

NextHome Soundings Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1910

Lot Details

  • 7,500 Sq Ft Lot
  • Irregular Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,228 Sq Ft Home
  • Insulated Windows
  • Range
  • Washer Hookup

Flooring

  • Plywood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

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

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $3,200
  • Assessor Parcel Number M:16 B:006 L:5901,4636094

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park

Building Details

  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,534

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • 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, Plywood, Tile, Vinyl
  • Interior Amenities: Lead Certification Available
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access, Concrete
  • Living Area: 3228
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6672
  • LIST PRICE PER Sq Ft: 191.98
  • PRICE PER Sq Ft: 179.68
  • MAIN SO: AN6780

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block, Stone, Brick/Mortar, Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed, Deck
  • Road Frontage Type: Public
  • Roof: Shingle, Slate
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Heating: Forced Air, Natural Gas, Individual
  • Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Worc
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:16 B:006 L:5901,4636094
  • Zoning: MF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7500
  • Lot Size Units: Acres
  • PAGE: 207
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1534
  • Tax Book Number: 60888

Multi Family

  • Gross Income: 21000
  • Net Operating Income: 21000
  • Number Of Units Total: 3
  • Total Actual Rent: 3200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

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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
09/12/2024 09/12/24 Sold $580,000 -6.4% $180 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $619,700 -- $192 / 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: 73245578

MLS Property Information Network (MLS PIN)