NOT LISTED FOR SALE
15 Beds
4 Baths
5,696 Sq Ft
3,645 Sq Ft Lot

Last Sold July 26, 2022

Last sale price $710,000 $125 Per Sq Ft

8 Days on Market

Highlights

  • Medical Services
  • Balcony
  • Patio
  • Property is near public transit
  • Cooling Available
  • Park

About This Home

As of July 2022

A rare find in the Worcester area! This 4-family house has 3 four-bedroom apartments and 1 three-bedroom apartment. The property is 5,696 square feet and could produce over $6,000 in rental income per month. There are also two car garages that can bring in $200 plus of additional revenue, if rented. Currently all 4 units are rented (TAW). Two of the units are leased though Worcester housing program with rent checks arriving in a timely fashion so the future owner will be stress free. The fourth floor unit is rented below market value. Current tenant is also taking care of the property maintenance. This apartment easily could be rented for over $1300.Additionally, each apartment has washer/dryer hookups and a heating unit. All water heaters and many of the appliances were purchased within the last few years.

Last Agent to Sell the Property

Jasenko Pilja

RE/MAX Unlimited License #449593429 Listed on: 05/25/2022

RE/MAX Unlimited

Last Buyer's Agent

Jasenko Pilja

RE/MAX Unlimited License #449593429 Listed on: 05/25/2022

RE/MAX Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1890

Lot Details

  • 3,645 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,696 Sq Ft Home
  • Crawl Space
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 4 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,700
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Legal Lot and Block 16 / 28
  • Assessor Parcel Number M:01 B:028 L:00016,1762380

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,800

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 10

Interior Features

  • Interior Amenities: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 15
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup
  • Basement: Crawl Space
  • Living Area: 5696
  • Stories Total: 10
  • MAIN LO: BB5153
  • LIST PRICE PER Sq Ft: 128.16
  • PRICE PER Sq Ft: 124.65
  • MAIN SO: BB5153

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Frontage Length: 60
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Wall AC)
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air), Unit 3(Forced Air), Unit 4(Forced Air)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, Public School, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:01 B:028 L:00016,1762380
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3645
  • Lot Size Units: Acres
  • PAGE: 187

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7800
  • Tax Block: 28
  • Tax Book Number: 53808
  • Tax Lot: 16

Multi Family

  • Gross Income: 58800
  • Net Operating Income: 58800
  • Number Of Units Total: 4
  • Total Actual Rent: 5700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 4
  • FLRS 3: 3
  • FLRS 2: 2

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
07/26/2022 07/26/22 Sold $710,000 -2.7% $125 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $730,000 -- $128 / 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: 72987132

MLS Property Information Network (MLS PIN)