NOT LISTED FOR SALE

Estimated Value: $660,000 - $922,000

12 Beds
3 Baths
5,052 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $801,500 $159 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,266/month

7 Days on Market

Highlights

  • Medical Services
  • Laundry Room
  • 5-minute walk to Crystal Park
  • Property is near public transit
  • Level Lot

About This Home

As of September 2023

This well-maintained 3-unit Multifamily is currently owned by Clark University and is located nearby the campus. Each unit is approximately 1,440 SF, which consists of four bedrooms, one bathroom, a spacious kitchen, and living area. The building includes a full sprinkler system with integrated fire alarms, separately metered electric units, common laundry, and a recently new gas heating system. Leases are currently managed by Hampton Properties. Option to purchase this property individually or as a portfolio along with 13 Beaver Street in Worcester. Come tour the building at the Open House on June 30th from 10am-12pm! Offer deadline is July 6th at 5pm, with the Seller reserving the right to accept an offer beforehand.

Last Agent to Sell the Property

Madison O'Brien

Kelleher and Sadowsky Associates, Inc. Listed on: 06/28/2023

Last Buyer's Agent

Dariusz Zywina

Red Spade Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,019

Year Built

  • Built in 1905

Lot Details

  • 3,406 Sq Ft Lot
  • Level Lot

Home Design

  • 5,052 Sq Ft Home
  • Stone Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Laundry Room
  • Separate Meters
  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $7,200
  • Assessor Parcel Number 08/006/00031,1769725

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services

Building Details

  • Electric Expense $6,399
  • Water Sewer Expense $2,370
  • Operating Expense $35,153
  • Net Operating Income $54,847

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,019

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1905
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Basement: Unfinished
  • Living Area: 5052
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1078
  • MAIN SO: AN5186

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Highway Access, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2370

Lot Info

  • Parcel Number: 08/006/00031,1769725
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3406
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5019

Multi Family

  • Electric Expense: 6399
  • Net Operating Income: 54847
  • Number Of Units Total: 3
  • Operating Expense: 35153
  • Total Actual Rent: 7200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Oct 26, 2023
Sold by
Desai Rishikesh and Dabholkar Ganesh
Bought by
Ekdant Rlty Solutions Llc
Seller's Agent
Madison O'Brien
Kelleher and Sadowsky Associates, Inc.
Buyer's Agent
Dariusz Zywina
Red Spade Realty LLC
List Price
$715,000
Sold Price
$801,500
Premium/Discount to List
$86,500
12.1%
Views
74
Current Estimated Value
$843,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,943
Avg. Annual Appreciation
2.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Ekdant Rlty Solutions Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $801,500 +12.1% $159 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $715,000 -- $142 / 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 $10,119 $767,200 $62,600 $704,600
2024 $9,233 $671,500 $62,600 $608,900
2023 $8,882 $619,400 $54,400 $565,000
2022 $7,739 $508,800 $43,500 $465,300
2021 $6,973 $428,300 $34,800 $393,500
2020 $5,415 $318,500 $34,600 $283,900
2019 $0 $243,900 $56,700 $187,200
2018 $0 $243,900 $56,700 $187,200
2017 $0 $243,900 $56,700 $187,200
2016 -- $237,300 $50,100 $187,200
2015 -- $237,300 $50,100 $187,200
2014 -- $237,300 $50,100 $187,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73130415

MLS Property Information Network (MLS PIN)

APN: WORC-000008-000006-000031