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.
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Last Checked: May 6th, 2024 at 11:36pm (Source: MLS PIN #73013567)
Gross Income: $0
Gross Expenses: $5,802
Net Income Calc: $5,802
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 Tax5802.63
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
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 34 Elbridge Street, Worcester MA 01609
Listing ID73013567
Property TypeMulti Family
Price799900 ($319.96/SqFt)
StyleMulti Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2500
Approximate Lot Size (Acres)0
Total Parking8 (2 Garage)
Garage Parking2
Year Built1923
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 34 Elbridge Street, Worcester MA 01609
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
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 OnGross/full Sale Price
Financial Information for 34 Elbridge Street, Worcester MA 01609
Real Estate Taxes5802.63
Tax Year2022
Assessed Value$352,500
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 34 Elbridge Street, Worcester MA 01609
Neighborhood(s)
Area Amenities
Contact Information for 34 Elbridge Street, Worcester MA 01609