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33 Russell Street, Worcester MA 01609

$650,000

Estimated $1,686/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $216,666.67

Total Rent: 41400/year

Estimated CAP Rate:

9 Bedrooms

Baths

4323

Total Parking: 6

7,222 (0.17)

Fabulous opportunity for a cash cow in a great location - close to WPI, Park Ave, not far from downtown and around the corner from Ed Hyder's! Great for Owner Occupant or Investor - check out this 3 family home with additional income in the small barn at the back of the property (currently rented for $250/mo). Each unit is spacious with 3 bedrooms, large LR and Large Kitchens & Unit 2 has its own storage room which is large enough to be converted to a bedroom. 1st & 3rd floors are rented TAW and 2nd is vacant. All units have dedicated hot water heaters and electrical panels and the heat is Gas - 2 units have steam and 1 unit has a parlour heater. Roof is approximately 6-7 years. Two parking spots per unit with plenty of room to get up and down the driveway. Don't miss this fabulous chance to own in 01609! Set up your showings today or come to the Open House on Saturday from 2-3:30!

This home has been viewed 107 times

Last Checked: May 16th, 2024 at 4:19am (Source: MLS PIN #73213997)

Gross Income: $41,400

Gross Expenses: $7,582

Net Income Calc: $33,818

Water Views

Annual Expenses for 33 Russell Street, Worcester MA 01609

Total Gross Expenses (Calculated)$7,582/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7582

Annual Income & Unit Breakdown for 33 Russell Street, Worcester MA 01609

Total Gross Income (Calculated)$41,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 33 Russell Street, Worcester MA 01609

Listing ID73213997

Property TypeMulti Family / 3 Family

Price650000 ($150.36/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4323

Approximate Lot Size (Acres)0.17

Total Parking6

Garage Parking0

Year Built1870

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 33 Russell Street, Worcester MA 01609

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 33 Russell Street, Worcester MA 01609

Real Estate Taxes7582

Tax Year2023

Assessed Value$528,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 33 Russell Street, Worcester MA 01609

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 33 Russell Street, Worcester MA 01609

Agent

Name: Karen Russo

Office

Name: Coldwell Banker Realty - Worcester

Phone: 508-795-7500

Payment Calculator

, Interest

Property Taxes 631.83

Principal & Interest 4005.09

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Karen Russo

Agent Phone

Office Phone

(508) 795-7500

Text Agent Call Agent Call Office

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EXIT

17 More Photos

Withdrawn

33 Russell Street, Worcester MA 01609

$650,000

Annual Expenses for 33 Russell Street, Worcester MA 01609

Annual Income & Unit Breakdown for 33 Russell Street, Worcester MA 01609

General Information for 33 Russell Street, Worcester MA 01609

Disclosures for 33 Russell Street, Worcester MA 01609

Financial Information for 33 Russell Street, Worcester MA 01609

Location Information for 33 Russell Street, Worcester MA 01609

Contact Information for 33 Russell Street, Worcester MA 01609

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Karen Russo