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1299 Main St, Worcester MA 01603

$550,000

Estimated $1,398/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $183,333.33

Total Rent: 47316/year

Estimated CAP Rate:

6 Bedrooms

Baths

3906

Total Parking: 6

6,739 (0.15)

***Open house cancelled. Seller accepted an offer***. Check out this huge and desireable 3 family in the heart of Worcester, right on Main Street. Clean and decent units. Each apartment is being used as a 2 bed with a dining room and a parlour (that may be converted into a third bedroom) and a eat-in kitchen. Rents are very low. Come with your imagination. Units 1 and 2 are both Oil and Gas and unit 3 is completely gas. Minutes from the local airport and all downtown scenery. Corner lot with off street parking for all your tenants. This one won't last, so make appointment and come see it.First open house on Thursday 12/22 from 3 to 5pm.

This home has been viewed 58 times

Last Checked: May 6th, 2024 at 11:55pm (Source: MLS PIN #73065679)

Gross Income: $47,316

Gross Expenses: $6,072

Net Income Calc: $41,244

Annual Expenses for 1299 Main St, Worcester MA 01603

Total Gross Expenses (Calculated)$6,072/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6072

Annual Income & Unit Breakdown for 1299 Main St, Worcester MA 01603

Total Gross Income (Calculated)$47,316

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit3

Rent Includes

General Information for 1299 Main St, Worcester MA 01603

Listing ID73065679

Property TypeMulti Family / 3 Family

Price550000 ($140.81/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3906

Approximate Lot Size (Acres)0.15

Total Parking6

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBL-1

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 1299 Main St, Worcester MA 01603

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 Compensation1

Compensation Based OnNet Sale Price

Financial Information for 1299 Main St, Worcester MA 01603

Real Estate Taxes6072

Tax Year2022

Assessed Value$399,200

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 1299 Main St, Worcester MA 01603

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 1299 Main St, Worcester MA 01603

Agent

Name: Biodun Akande

Office

Name: Biodun Akande Realty LLC

Phone: 508-982-3687

Payment Calculator

, Interest

Property Taxes 506

Principal & Interest 3388.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Biodun Akande Realty LLC

Biodun Akande

Agent Phone

Office Phone

(508) 982-3687

Text Agent Call Agent Call Office

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    [unparsed] => 1299 Main St, Worcester MA 01603
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EXIT

35 More Photos

Closed

1299 Main St, Worcester MA 01603

$550,000

Annual Expenses for 1299 Main St, Worcester MA 01603

Annual Income & Unit Breakdown for 1299 Main St, Worcester MA 01603

General Information for 1299 Main St, Worcester MA 01603

Disclosures for 1299 Main St, Worcester MA 01603

Financial Information for 1299 Main St, Worcester MA 01603

Location Information for 1299 Main St, Worcester MA 01603

Contact Information for 1299 Main St, Worcester MA 01603

Agent

Office

Payment Calculator

Exclusive Listing Agent

Biodun Akande Realty LLC

Biodun Akande