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96 Lovell St, Worcester MA 01603

$674,999

Estimated $1,685/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $224,999.67

Total Rent: 61800/year

Estimated CAP Rate:

10 Bedrooms

Baths

3915

Total Parking: 8

5,000 (0.11)

Sign up to be notified of the next group tour. Please email agent if you intend to come. No Walk-ins. Wonderfull west side 3 family with ample parking. Perfect low touch investor property. NO WORK TO DO, just collect the rents. Extensive renovations in 2017 which included: New Roof(roof was removed, re-framed and replaced, (check out the attic photo-all new wood) New Windows, New electrical, new services and sub panels in each unit, Granite kitchens, new bathrooms, 2 new Forced hot air heating systems(2nd in unit and 3rd in attic), extensive plumbing upgrades. Additional space in basement as well. All rents are below market which should be $1900-2000 per unit. Washers and dryers for each unit.

This home has been viewed 46 times

Last Checked: May 7th, 2024 at 12:21am (Source: MLS PIN #73036515)

Gross Income: $61,800

Gross Expenses: $7,085

Net Income Calc: $54,715

Annual Expenses for 96 Lovell St, Worcester MA 01603

Total Gross Expenses (Calculated)$7,085/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7085

Annual Income & Unit Breakdown for 96 Lovell St, Worcester MA 01603

Total Gross Income (Calculated)$61,800

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 96 Lovell St, Worcester MA 01603

Listing ID73036515

Property TypeMulti Family / 3 Family

Price674999 ($172.41/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3915

Approximate Lot Size (Acres)0.11

Total Parking8

Garage Parking0

Year Built1915

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRL-7

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 96 Lovell 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

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 96 Lovell St, Worcester MA 01603

Real Estate Taxes7085

Tax Year2022

Assessed Value$465,800

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 96 Lovell St, Worcester MA 01603

Neighborhood(s)

Area Amenities

Contact Information for 96 Lovell St, Worcester MA 01603

Agent

Name: Brian Allen

Office

Name: Property Investors & Advisors, LLC

Phone: 774-413-0272

Payment Calculator

, Interest

Property Taxes 590.42

Principal & Interest 4159.13

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Property Investors & Advisors, LLC

Brian Allen

Agent Phone

Office Phone

(774) 413-0272

Text Agent Call Agent Call Office

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EXIT

38 More Photos

Closed

96 Lovell St, Worcester MA 01603

$674,999

Annual Expenses for 96 Lovell St, Worcester MA 01603

Annual Income & Unit Breakdown for 96 Lovell St, Worcester MA 01603

General Information for 96 Lovell St, Worcester MA 01603

Disclosures for 96 Lovell St, Worcester MA 01603

Financial Information for 96 Lovell St, Worcester MA 01603

Location Information for 96 Lovell St, Worcester MA 01603

Contact Information for 96 Lovell St, Worcester MA 01603

Agent

Office

Payment Calculator

Exclusive Listing Agent

Property Investors & Advisors, LLC

Brian Allen