Price Reduction - Seller Financing
Address
94 Whitmarsh Ave, Worcester, MA
Price
$ 515,000
Property Attributes
- MLS#73223229
- TypeMulti-Family
- CountyWORCESTER
- CityWorcester
- Zip01606
- StyleMulti Family
- Year Built1923
- Taxes$ 6354
- Price$ 515,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2276
- Lot Size4,792 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Great investment property located in the Burncoat neighborhood. Young roof, two new heating systems, replacement windows - very solid house, not much to do other than buy! This property is generating $3500/month between two units; a 6.5% cap rate for a two-family! A quaint backyard and patio with one off-street parking spot in front. Inside each unit comes with two nice-sized bedrooms, one bathroom with shower/tub, a large kitchen with galley pantry, a dining room and a living room. Two enclosed and two open porches on each floor and plenty of closet space and storage in the basement. Each unit has its own washer and dryer in the basement! This property is stabilized/turnkey for an investor or a great option for someone who wants to owner occupy. Either way this property is ready for its next owner!
| Price History | |
|---|---|
| 4/11/2024 | Listed $530,000 |
| 4/24/2024 | 3% - $515,000 |
General Features
| Interior Features | Ceiling Fan(s),Bathroom With Tub & Shower,Living Room,Dining Room,Kitchen |
|---|---|
| Sewer | Public Sewer |
| Heating | Natural Gas |
| Roof | Shingle |
| Appliances | Range,Refrigerator,Washer,Dryer |
| Exterior Features | Garden |
| Zoning | RL-7 |
| Patio/Porch Features | Porch,Enclosed,Patio |
| Construction Materials | Frame |
| Exclusions | Tenants Belongings In Units And Basement. |
| Year Built | 1923 |
| Electric | 100 Amp Service |
| Property SubType | Multi Family |
| Tax Year | 2023 |
| Gross Income | 42000 |
| Community Features | Public Transportation,Highway Access,House of Worship,Public School |
| County | Worcester |
| Net Operating Income | 42000 |
| Operating Expense | 1628 |
| Insurance Expense | 1428 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water),Unit 2(Water) |
| Total Rooms | 10 |
| Status | Active |
| Directions | West Boylston Street to Whitmarsh Ave |
| City | Worcester |
| Disclosures | Both floors have their own W/D but they're in the basement. Unit 1 lease ends 12/31/24,Unit 2 lease ends 8/31/24. First flr unit has camera/recording equipment in kitchen and dining room. |
| Senior Community Y/N | No |
| Total Units | 2 |
| Lot Size Square Feet | 5000 |
| Waterfront Y/N | No |
| Street Name | Whitmarsh Ave |
| Year Built Details | Approximate |
| Tax Annual Amount | 6354 |
| Electric Expense | 200 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 443100 |
| Total Actual Rent | 3500 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Interior Entry |
|---|---|
| Flooring | Wood |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Total Bedrooms | 4 |
| Total Baths | 2 |
Exterior Features
| Parking Features | Paved Drive,Off Street |
|---|---|
| Water Source | Public |
| Total Parking | 1 |
| Lot Size Area | 0.11 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 2276 |
| Lot Size Acres | 0.11 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01606
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information 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 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
