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15/15A King Philip Rd, Worcester MA 01606

$1,500,000

Estimated $2,969.41/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $1,500,000

Total Rent: 83232/year

Estimated CAP Rate: 5.12%

0 Bedrooms

Baths

6,306 SqFt

Total Parking: 0

9,906 SqFt

Family retiring and selling their portfolio of 2 triple decker properties on one parcel - sold together! 5 of 6 units interiors remodeled. Most units under lease. This is one of those rare opportunities to acquire a cash flowing property! 15 has 3 three 3 beds, and 15A has three 2 beds. In details unit 1 is the front building and unit 2 is the rear.

This home has been viewed 145 times

Last Checked: October 15th, 2024 at 4:20am (Source: MLS PIN #73200145)

Gross Income: $83,232

Gross Expenses: $6,446

Net Income Calc: $76,786

CAP Rate: 5.12%

Annual Expenses for 15/15A King Philip Rd, Worcester MA 01606

Total Gross Expenses (Calculated)$6,446/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,446

Annual Income & Unit Breakdown for 15/15A King Philip Rd, Worcester MA 01606

Total Gross Income (Calculated)$83,232

Unit 1

Rental Income$3,306

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent IncludesNo

General Information for 15/15A King Philip Rd, Worcester MA 01606

Listing ID73200145

Property TypeMulti Family / 5+ Family

Price$1,500,000

Style

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total6,306 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking0

Garage Parking

Year Built1898

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesNo

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Zoning DetailsLegal Conforming

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 15/15A King Philip Rd, Worcester MA 01606

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$3,900

Total Gross Income By Broker$83,240

Total Net Income By Broker$79,340

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based On

Financial Information for 15/15A King Philip Rd, Worcester MA 01606

Real Estate Taxes$6,446

Tax Year2023

Assessed Value

Financial Data SourceNo

Total Gross Expenses By Broker$3,900

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$83,240

BostonRealEstate.com Gross Income

Total Net Income By Broker$79,340

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.12%

Location Information for 15/15A King Philip Rd, Worcester MA 01606

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 15/15A King Philip Rd, Worcester MA 01606

Agent

Name: Gary Kelley

Office

Name: Castinetti Realty Group

Phone: 508-719-8804

Team Members

Name: Sue Gordon

Phone: 508-333-4672

Payment Calculator

, Interest

Property Taxes 537.17

Principal & Interest 9242.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Castinetti Realty Group

Gary Kelley

Agent Phone

Office Phone

(508) 719-8804

Text Agent Call Agent Call Office

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EXIT