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14 Northampton St., Worcester MA 01605

$749,000

Estimated $1,772.17/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $124,833.33

Total Rent: 32400/year

Estimated CAP Rate: 3.43%

9 Bedrooms

7 Full Baths

4,452 SqFt

Total Parking: 1

5,600 SqFt

Huge deduction on thia investment gem! Motivated seller! make your move ! This property features six+ units, high ceilings, hardwood floors, solid foundation. In need of some fix-up. Three units are occupied. There is potential for additional units in the building. Great cash return investment in the hot Worcester rental market for high-income potential. Rents are way below market with long-term TAW tenants. Each unit has separate utilities. Gas heat. Sold as-is with tenants in place. Buyer and buyer agents are responsible for due diligence. Schedule your showing today with 48-hour notice.

This home has been viewed 91 times

Last Checked: October 7th, 2024 at 4:24pm (Source: MLS PIN #73231221)

Gross Income: $32,400

Gross Expenses: $6,692

Net Income Calc: $25,708

CAP Rate: 3.43%

Annual Expenses for 14 Northampton St., Worcester MA 01605

Total Gross Expenses (Calculated)$6,692/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,692

Annual Income & Unit Breakdown for 14 Northampton St., Worcester MA 01605

Total Gross Income (Calculated)$32,400

Unit 1

Rental Income$700

LeaseN

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesNo

Unit 2

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesNo

Unit 3

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesNo

Unit 4

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesNo

General Information for 14 Northampton St., Worcester MA 01605

Listing ID73231221

Property TypeMulti Family / 5+ Family

Price$749,000 ($168.24/SqFt)

Style5-9 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,452 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking1

Garage Parking

Year Built1895

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Stone

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningBO-1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 14 Northampton St., Worcester MA 01605

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureLiving area does not include basement

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$32,400

Total Net Income By Broker$32,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator Compensation1%%

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 14 Northampton St., Worcester MA 01605

Real Estate Taxes$6,692

Tax Year2023

Assessed Value$480,800

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$32,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$32,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.43%

Location Information for 14 Northampton St., Worcester MA 01605

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Public Transportation, Private School, University

Contact Information for 14 Northampton St., Worcester MA 01605

Agent

Name: Nancy Zhang Zhenning

Office

Name: Fairview Partners International LLC

Phone: 978-886-8688

Payment Calculator

, Interest

Property Taxes 557.67

Principal & Interest 4615.1

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Fairview Partners International LLC

Nancy Zhang Zhenning

Agent Phone

Office Phone

(978) 886-8688

Text Agent Call Agent Call Office

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)

EXIT

Withdrawn

14 Northampton St., Worcester MA 01605

$749,000

Annual Expenses for 14 Northampton St., Worcester MA 01605

Annual Income & Unit Breakdown for 14 Northampton St., Worcester MA 01605

General Information for 14 Northampton St., Worcester MA 01605

Disclosures for 14 Northampton St., Worcester MA 01605

Financial Information for 14 Northampton St., Worcester MA 01605

Location Information for 14 Northampton St., Worcester MA 01605

Contact Information for 14 Northampton St., Worcester MA 01605

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