$890,000
$924,900
3.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
7 Baths
5,000 SqFt
SOLD DATE : 10/31/2023
Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $178
MLS Listing ID 73146580
Sold Date 10/31/23
Bedrooms 8
Full Baths 7
Year Built 1920
Annual Tax Amount $8,965
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Description
ATTENTION INVESTORS! Well Maintained 7 unit property located on the westside of Worcester with excellent proximity to colleges; WPI, Worcester State University, MCPHS, along with Elm Park, Worcester Regional Airport, and downtown! Property is fully rented with a cap rate of 7.5% with room for growth! (6) 1-bedroom units and (1) single family 2-bedroom detached property behind with off street parking and a fully fenced in yard. All (6) 1-bedroom units have great sized layouts, high ceilings and a mixture of hardwood, tile, and vinyl flooring. Updates include; single family full interior remodel and roof (2022). Updates to 6 Unit building include; Exterior front porch and work on rear porches (2022), 40 gallon gas hot water heater (2021), new gas heater 2nd floor rear (2022), Common area paint (2023). All units have individual 100amp electrical panels along with a separate owner's panel.
Location
State MA
County Worcester
Area Wpi
Zoning RG-5
Direction Please Use GPS
Rooms
Basement Full, Sump Pump, Dirt Floor
Interior
Interior Features Unit 1(Bathroom With Tub & Shower, Slider), Unit 2(Ceiling Fans, Bathroom With Tub & Shower), Unit 3(Ceiling Fans, Upgraded Countertops, Bathroom With Tub & Shower), Unit 4(Ceiling Fans, Walk-In Closet, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Heating Unit 1(Forced Air, Gas), Unit 2(Gas), Unit 3(Electric, Ductless Mini-Split System), Unit 4(Gas)
Cooling Unit 1(Window AC), Unit 2(Window AC), Unit 3(Ductless Mini-Split System), Unit 4(Window AC)
Flooring Tile, Vinyl, Laminate, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Tile Floor, Hardwood Floors), Unit 4(Hardwood Floors)
Appliance Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Utility Connections for Gas Range, Utility Connections for Gas Oven
Laundry Unit 1(Washer & Dryer Hookup)
Exterior
Exterior Feature Porch, Deck, Deck - Wood, Screens, Fenced Yard
Fence Fenced/Enclosed, Fenced
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
Utilities Available for Gas Range, for Gas Oven
Roof Type Shingle, Rubber
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Story 7
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Elm Park Elm.
Middle Schools Worcester Mid
High Schools Doherty H.S.
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
Read Less Info
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Bought with Kevin Kalaghan • ROVI Homes
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