NOT LISTED FOR SALE

93 Elm St Worcester, MA 01609

Elm Park Neighborhood
7 Beds
6 Baths
4,920 Sq Ft
8,148 Sq Ft Lot

Last Sold January 03, 2024

Last sale price $1,000,000 $203 Per Sq Ft

163 Days on Market

Highlights

  • Granite Flooring
  • Property is near public transit
  • Heating Available

About This Home

As of January 2024

This is the kind of building investors dream about! *completely gutted and remodeled within the last few years* 2 studio units* 2 one-bedroom units and 2 two-bedroom units* New electrical, siding, roof, and windows* fully sprinklered* New kitchens with stainless steel appliances* Hardwoods and LVP flooring* new bathrooms* off street parking* great cashflow with room for improvement* Incredible location within walking distance to elm park and downtown Worcester* Easy access to schools, shopping, and major routes

Last Agent to Sell the Property

James Kalogeropoulos

RE/MAX Partners Listed on: 04/19/2023

RE/MAX Partners

Last Buyer's Agent

Dino Bacoka

Red Tree Real Estate

Red Tree Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,821

Year Built

  • Built in 1890

Lot Details

  • 8,148

Interior Spaces

  • 4,920 Sq Ft Home
  • Granite Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • 8,148 Sq Ft Lot
  • Property is near public transit
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $5,350
  • Assessor Parcel Number M:02 B:048 L:00007,1763683

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $1,186
  • Insurance Expense $2,496
  • Water Sewer Expense $1,989
  • Operating Expense $13,466
  • Net Operating Income $47,733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,821

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Interior Amenities: Unit 1 Rooms(Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator)
  • Total Bedrooms: 7
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Living Area: 4920
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: G62134
  • LIST PRICE PER Sq Ft: 223.58
  • PRICE PER Sq Ft: 203.25
  • MAIN SO: AN0907

Exterior Features

  • Foundation Details: Granite
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 4(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1989

Lot Info

  • Parcel Number: M:02 B:048 L:00007,1763683
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8148
  • Lot Size Units: Acres
  • PAGE: 27
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7821
  • Tax Book Number: 53104

Multi Family

  • Electric Expense: 1186
  • Gross Income: 61200
  • Insurance Expense: 2496
  • Net Operating Income: 47733
  • Number Of Units Total: 6
  • Operating Expense: 13466
  • Total Actual Rent: 5350
  • 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: 2
  • FLRS 3: 1
  • FLRS 2: 1

Range of Values:

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Sold Price
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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
01/03/2024 01/03/24 Sold $1,000,000 -9.1% $203 / Sq Ft
12/14/2023 12/14/23 Price Changed $1,100,000 0.0% $224 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $1,100,000 0.0% $224 / Sq Ft
08/28/2023 08/28/23 For Sale $1,100,000 -8.3% $224 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $1,200,000 0.0% $244 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $1,200,000 -- $244 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Kalogeropoulos

    Seller's Agent in 2024

    James Kalogeropoulos

    RE/MAX

    (508) 635-8259

    7 in this area

    79 Total Sales

    James Kalogeropoulos
    Section Image
  • Dino Bacoka

    Buyer's Agent in 2024

    Dino Bacoka

    Red Tree Real Estate

    (617) 487-8015

    1 in this area

    17 Total Sales

    Dino Bacoka
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73100877

MLS Property Information Network (MLS PIN)

Massachusetts Worcester County Worcester 01609 Elm Park

93 Elm St, Worcester, MA

This home is located at 93 Elm St, Worcester, MA 01609 since 19 April 2023. This property was built in 1890. 93 Elm St is a home located in Worcester County with nearby schools including Jacob Hiatt Magnet School, Chandler Magnet, and Elm Park Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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