$1,200,000
SOLD FEB 2, 2024
12 Beds
6 Baths
5,099 Sq Ft
0.33 Acres

Recently Sold

$235 Per Sq Ft

11% Below List Price

89 Days on Market

Highlights

  • Property is near public transit
  • Tennis Courts
  • Shops
  • Wood Flooring
  • Park
  • Coin Laundry

About This Home

As of February 2024

6-unit property in 01602! Don't miss out on this solid investment opportunity: well-maintained buildings, easy to operate and maintain, in-demand location. 3 one-story buildings together on one lot; each building consists of 2 units. Each unit is one level and consists of a living room, eat-in kitchen, 2 bedrooms, full bath. Hardwood floors in living rooms & bedrooms; all units have dishwashers. Each unit has full basement with exterior access only. Buildings have vinyl siding & vinyl windows. Off-street driveway parking for 6 vehicles. Seller has condo documents available for buyer use; buyer to determine usability. Close to Worcester State, Assumption University, WPI, Clark U, MCPHS. Near shopping, restaurants, and services.

Last Agent to Sell the Property

Erin Zamarro

Coldwell Banker Realty - Worcester Listed on: 10/02/2023

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Jimmy Georges

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,313

Year Built

  • Built in 1956

Lot Details

  • 0.33 Acre Lot
  • Near Conservation Area
  • Street terminates at a dead end
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,099 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

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

Parking

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

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $5,550
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Legal Lot and Block 00070 / 010
  • Assessor Parcel Number 4924624

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park

Building Details

  • Insurance Expense $3,300
  • Water Sewer Expense $3,200
  • Operating Expense $6,500
  • Net Operating Income $76,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,313

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1956
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl,Varies Per Unit,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • 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)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Unit 4(Range,Dishwasher,Refrigerator), Utility Connections Varies per Unit
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 5099
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 264.76
  • PRICE PER Sq Ft: 235.34
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Asphalt/Composition Shingles
  • 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: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • Hot Water: Varies Per Unit

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3200

Lot Info

  • Parcel Number: 4924624
  • Zoning: RS7
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping, Level
  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Sq Ft: 14307
  • Lot Size Units: Acres
  • PAGE: 0300
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14313
  • Tax Block: 010
  • Tax Book Number: 52624
  • Tax Lot: 00070
  • Tax Map Number: 03

Multi Family

  • Gross Income: 99600
  • Insurance Expense: 3300
  • Net Operating Income: 76300
  • Number Of Units Total: 6
  • Operating Expense: 6500
  • Total Actual Rent: 5550
  • 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 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 1

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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
02/02/2024 02/02/24 Sold $1,200,000 -11.1% $235 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $1,350,000 +132.8% $265 / Sq Ft
07/31/2014 07/31/14 Sold $580,000 -12.0% $131 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $659,000 -- $148 / 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: 73165800

MLS Property Information Network (MLS PIN)

APN: WORC M:30 B:010 L:00070