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.
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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
Water Views
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 Tax6692
Annual Income & Unit Breakdown for 14 Northampton St., Worcester MA 01605
Total Gross Income (Calculated)$32,400
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 14 Northampton St., Worcester MA 01605
Listing ID73231221
Property TypeMulti Family / 5+ Family
Price749000 ($168.24/SqFt)
Style5-9 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4452
Approximate Lot Size (Acres)0.13
Total Parking1
Garage Parking0
Year Built1895
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningBO-1
Water ViewsNo
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 14 Northampton St., Worcester MA 01605
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher And Dryer Are Not Included
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)Lender Owned
Buyer Agent Compensation2%
Facilitator Compensation1%
Compensation Based OnGross/full Sale Price
Financial Information for 14 Northampton St., Worcester MA 01605
Real Estate Taxes6692
Tax Year2023
Assessed Value$480,800
Financial Data SourceEstimated
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 14 Northampton St., Worcester MA 01605
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 14 Northampton St., Worcester MA 01605