908 Main St Worcester, MA 01610
University Park Neighborhood
12
Beds
6
Baths
6,862
Sq Ft
9,583
Sq Ft Lot
About This Home
As of December 2021Clark University adjacent Grand Victorian - huge six unit investment property with strong student rental history. Units are large two bedroom + one bath each. Beautiful original detailing in units and on exterior. Exterior restoration, new roof, electrical service, hot water baseboard, and two forced hot air units in past four years. Complete new plumbing in 2015. Neighboring properties have been fully renovated and retain their historic charm. Fully rented with 2 or 3 occupants per unit. Leased through May 2018. Total rents are $7,150 per month making a clean 10% CAP rate. With a 25% down payment, your ROI is about 21% without factoring additional principal reduction! This is a low maintenance building in a perfect location for Clark University students.
Last Agent to Sell the Property
Vahan Ambartsumyan
StartPoint Realty License #165104375 Listed on: 04/27/2017
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2021 12/02/21 | Sold | $850,000 | 0.0% | $124 / Sq Ft |
| 10/10/2021 10/10/21 | Pending | -- | -- | -- |
| 10/06/2021 10/06/21 | For Sale | $849,900 | +32.4% | $124 / Sq Ft |
| 07/11/2017 07/11/17 | Sold | $642,000 | -1.1% | $94 / Sq Ft |
| 05/08/2017 05/08/17 | Pending | -- | -- | -- |
| 04/27/2017 04/27/17 | For Sale | $649,000 | +11.9% | $95 / Sq Ft |
| 11/25/2016 11/25/16 | Sold | $580,000 | -14.1% | $85 / Sq Ft |
| 10/19/2016 10/19/16 | Pending | -- | -- | -- |
| 10/06/2016 10/06/16 | Price Changed | $675,000 | -2.9% | $98 / Sq Ft |
| 09/19/2016 09/19/16 | Price Changed | $695,000 | -4.1% | $101 / Sq Ft |
| 09/07/2016 09/07/16 | For Sale | $725,000 | -- | $106 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
M
Seller's Agent in 2021
Monica Rugg
Monica Rugg
-
Otis Tat
Buyer's Agent in 2021
Otis Tat
Excelsior Realty
(508) 736-2735
6 in this area
132 Total Sales
-
Seller's Agent in 2017
Vahan Ambartsumyan
StartPoint Realty
-
Rebecca Joseph
R
Buyer's Agent in 2017
Rebecca Joseph
William Raveis Real Estate & Homes Services
(774) 994-8082
33 Total Sales
-
Jason Saphire
Seller's Agent in 2016
Jason Saphire
Saphire Hospitality, Inc.
(877) 249-5478
1,330 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72154427
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