NOT LISTED FOR SALE
11 Beds
6 Baths
5,616 Sq Ft
4,463 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $750,000 $134 Per Sq Ft

13 Days on Market

Highlights

  • Waterfront
  • Home Office
  • Living Room
  • Corner Lot
  • Enclosed patio or porch
  • Heating System Uses Natural Gas

About This Home

As of August 2022

WATERVIEW 6 family on Indian Lake with separate utilities for all units. ALL units currently occupied on leases; unit #6 is currently renting at $800. The building has coin-op washer & dryer in the basement. Great investment property for anyone looking to invest in the rapidly rising real estate market of Worcester. Open House Thursday April 21st, at 4pm-6pm, and Saturday April 23rd, at noon to 2pm. ALL OFFERS IN BY 5PM, APRIL 25th, 2022. WILL REVIEW ON WEDNESDAY APRIL 27th, 2022. SELLER HAS THE RIGHT TO ACCEPT AN OFFER AT ANYTIME.

Last Listed By

Herby Blanc

Property Investors & Advisors, LLC Listed on: 04/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,501

Year Built

  • Built in 1904

Lot Details

  • 4,463 Sq Ft Lot
  • Waterfront
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 5,616 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Home Office
  • Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Enclosed patio or porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $6,230
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:13 B:018 L:00001,1775264

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Water Sewer Expense $2,400
  • Operating Expense $3,868
  • Net Operating Income $70,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,501

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1904
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Laundry Room, Living Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range, Refrigerator
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Partial, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 5616
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6800
  • LIST PRICE PER Sq Ft: 142.27
  • PRICE PER Sq Ft: 133.55
  • MAIN SO: AN5361

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Unimproved
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Lake, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Other (See Remarks))
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: None
  • Heating: Electric, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2400

Lot Info

  • Parcel Number: M:13 B:018 L:00001,1775264
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4463
  • Lot Size Units: Acres
  • PAGE: 195
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6501
  • Tax Book Number: 42992

Multi Family

  • Gross Income: 74760
  • Net Operating Income: 70892
  • Number Of Units Total: 6
  • Operating Expense: 3868
  • Total Actual Rent: 6230
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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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
08/31/2022 08/31/22 Sold $750,000 -6.1% $134 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $799,000 -- $142 / 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: 72966894

MLS Property Information Network (MLS PIN)