Seller's Agent in 2024
Ethan Lazar
Horvath & Tremblay
(310) 936-3743
3 in this area
16 Total Sales
9 Mount Vernon St Worcester, MA 01605
Bell Hill Neighborhood
12
Beds
6
Baths
6,222
Sq Ft
6,834
Sq Ft Lot
Highlights
- Medical Services
- Park
- 1-minute walk to Grant Square
- Property is near public transit and schools
About This Home
As of September 2024This well-maintained 6-unit property is comprised of six spacious 2-bedroom/1-bathroom units, totaling 6,222 sq ft of living space. Notably, all units are separately metered for heat, hot water, and electricity. A new roof has been recently installed, and all units hold lead certificates. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of nearly $9,900 monthly. The property is centrally located, placing it is less than a mile from WPI and a short drive from all downtown amenities. It is directly across from Grant Square Park, offering 1.7 acres of recreational area. List price is a 7.73 cap rate on current.
Co-Listed By
Dennis Kelleher
Horvath & Tremblay
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,129
Year Built
- Built in 1927
Lot Details
- 6,834 Sq Ft Lot
- Sloped Lot
Parking
- Open Parking
Home Design
- Stone Foundation
- Rubber Roof
Interior Spaces
- 6,222 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Location
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $9,895
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number 1762066
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
Recreation
- Park
Building Details
- Electric Expense $660
- Insurance Expense $6,072
- Water Sewer Expense $5,416
- Operating Expense $28,777
- Net Operating Income $84,976
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2024 09/03/24 | Sold | $1,025,000 | -6.8% | $165 / Sq Ft | |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- | |
| 03/20/2024 03/20/24 | For Sale | $1,100,000 | +31.9% | $177 / Sq Ft | |
| 05/14/2021 05/14/21 | Sold | $834,000 | -2.9% | $134 / Sq Ft | View Prior Sale |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- | |
| 04/08/2021 04/08/21 | For Sale | $859,000 | +82.8% | $138 / Sq Ft | |
| 06/15/2017 06/15/17 | Sold | $470,000 | -6.0% | $76 / Sq Ft | View Prior Sale |
| 03/27/2017 03/27/17 | Pending | -- | -- | -- | |
| 12/12/2016 12/12/16 | For Sale | $499,900 | 0.0% | $80 / Sq Ft | |
| 12/09/2016 12/09/16 | Pending | -- | -- | -- | |
| 12/09/2016 12/09/16 | For Sale | $499,900 | 0.0% | $80 / Sq Ft | |
| 11/30/2016 11/30/16 | Pending | -- | -- | -- | |
| 11/25/2016 11/25/16 | For Sale | $499,900 | 0.0% | $80 / Sq Ft | |
| 11/18/2016 11/18/16 | Pending | -- | -- | -- | |
| 11/16/2016 11/16/16 | For Sale | $499,900 | -- | $80 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $12,358 | $936,900 | $87,000 | $849,900 |
| 2024 | $11,129 | $809,400 | $87,000 | $722,400 |
| 2023 | $12,223 | $852,400 | $47,400 | $805,000 |
| 2022 | $11,344 | $745,800 | $37,900 | $707,900 |
| 2021 | $9,250 | $568,200 | $28,200 | $540,000 |
| 2020 | $7,665 | $450,900 | $28,200 | $422,700 |
| 2019 | $7,729 | $429,400 | $27,000 | $402,400 |
| 2018 | $7,885 | $417,000 | $27,000 | $390,000 |
| 2017 | $7,208 | $375,000 | $27,000 | $348,000 |
| 2016 | $7,451 | $361,500 | $43,200 | $318,300 |
| 2015 | $6,994 | $348,500 | $30,200 | $318,300 |
| 2014 | $6,810 | $348,500 | $30,200 | $318,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ethan Lazar
-
D
Seller Co-Listing Agent in 2024
Dennis Kelleher
Horvath & Tremblay
-
D
Seller's Agent in 2021
Danielle Goes
Mega Realty Services
-
A
Seller Co-Listing Agent in 2021
Andreia Bianchi
Mega Realty Services
-
Lori Poirier
Buyer's Agent in 2021
Lori Poirier
Coldwell Banker Realty - Franklin
(508) 254-8093
1 in this area
47 Total Sales
-
David Stead
Seller's Agent in 2017
David Stead
RE/MAX
(508) 635-9910
219 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73214513
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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