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Expired

34 Elbridge Street, Worcester MA 01609

$799,900

Estimated $1,780.58/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $399,950

Total Rent: 0/year

Estimated CAP Rate: -0.73%

6 Bedrooms

2 Full Baths

2,500 SqFt

Total Parking: 8 (2 Garage)

0 SqFt

Location, Location, Location, steps to the WPI campus is this lovingly restored 2 family property with a detached 2 car garage on an attractive corner lot. Turn-key WPI area investment property. ZBA approval in hand for expansion to 3 units. 3rd unit could be added in the large walkup attic or alternatively add additional bedrooms for the second-floor unit, (Architectural plans available). Each existing unit has 3 bedrooms and 1 bathroom with eat-in kitchens and living space. Fireplaces in both units with beautiful, refinished hardwood floors throughout. Delightful additional sunroom on the first floor. All separate utilities paid by tenants. Units are all leased to WPI students with a waiting list and with room to increase rents. Come check out this rare opportunity to buy a multifamily property in the WPI community.

This home has been viewed 50 times

Last Checked: May 6th, 2024 at 11:36pm (Source: MLS PIN #73013567)

Gross Income: $0

Gross Expenses: $5,802

Net Income Calc: $5,802

CAP Rate: -0.73%

Annual Expenses for 34 Elbridge Street, Worcester MA 01609

Total Gross Expenses (Calculated)$5,802/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,802.63

Annual Income & Unit Breakdown for 34 Elbridge Street, Worcester MA 01609

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 34 Elbridge Street, Worcester MA 01609

Listing ID73013567

Property TypeMulti Family

Price$799,900 ($319.96/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,500 SqFt

Approximate Lot Size (Acres)0

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1923

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 34 Elbridge Street, Worcester MA 01609

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 34 Elbridge Street, Worcester MA 01609

Real Estate Taxes$5,802.63

Tax Year2022

Assessed Value$352,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.73%

Location Information for 34 Elbridge Street, Worcester MA 01609

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 34 Elbridge Street, Worcester MA 01609

Agent

Name: James Glickman

Office

Name: NAI Glickman Kovago & Jacobs

Phone: 508-753-9100

Payment Calculator

, Interest

Property Taxes 483.55

Principal & Interest 4928.73

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

NAI Glickman Kovago & Jacobs

James Glickman

Agent Phone

Office Phone

(508) 753-9100

Text Agent Call Agent Call Office

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EXIT