An amazing opportunity to own a well maintained, updated 3 family home in Clark University tuition free zone. All units have the same size. Third floor apartment will be vacant for new owner occupancy. Recent updates are vinyl windows, bathrooms, kitchens, electrical service, plumbing, force air furnaces for all 3 units, lead compliance for all 3 units. It has a large fence in yard and 3 off-street parkings. Rents for unit 2 and 3 are under market value. Showing is only by appointment this Saturday 11 am-2pm and Sunday 1pm-3pm.
This home has been viewed 58 times
Last Checked: May 6th, 2024 at 11:40pm (Source: MLS PIN #73053783)
Gross Income: $56,280
Gross Expenses: $5,816
Net Income Calc: $50,464
Water Views
Annual Expenses for 45 Freeland St, Worcester MA 01603
Total Gross Expenses (Calculated)$5,816/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5816
Annual Income & Unit Breakdown for 45 Freeland St, Worcester MA 01603
Total Gross Income (Calculated)$56,280
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
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 45 Freeland St, Worcester MA 01603
Listing ID73053783
Property TypeMulti Family / 3 Family
Price625000 ($184.53/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
MLS AreaWebster Square
Neighborhood(s)
Approximate Living Area Total3387
Approximate Lot Size (Acres)0.12
Total Parking3
Garage Parking0
Year Built1917
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 45 Freeland St, Worcester MA 01603
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer
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 Compensation2.5
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 45 Freeland St, Worcester MA 01603
Real Estate Taxes5816
Tax Year2022
Assessed Value$382,400
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 45 Freeland St, Worcester MA 01603
Neighborhood(s)
MLS AreaWebster Square
Area AmenitiesWalk/jog Trails
Contact Information for 45 Freeland St, Worcester MA 01603