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8 Reeves St, Worcester MA 01607

$469,900

Estimated $1,204/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $156,633.33

Total Rent: 33300/year

Estimated CAP Rate:

6 Bedrooms

Baths

2453

Total Parking: 4

5,766 (0.13)

This three-family home is a great investment opportunity! This property offers three separate 2 bedroom units, each with a gas heating system. The first unit was recently updated in 2019 with new appliances, paint, cabinets and windows. The second unit was updated in 2019 with a new fridge and stove, as well as updated floors in the kitchen and living room. The third unit was updated in 2018 with paint and flooring. This property also features a newer roof from 2017, off street parking for 4 cars, laundry on premises, replaced water line, and 3 FHW heat systems. The tenants of the first and second units are TaW and the third unit is currently vacant. Perfect for an owner occupied purchase. Don't miss out on this well maintained investment property! Buyer and/or buyer's agent to do own due diligence.

This home has been viewed 51 times

Last Checked: May 7th, 2024 at 1:01am (Source: MLS PIN #73068154)

Gross Income: $33,300

Gross Expenses: $5,305

Net Income Calc: $27,995

Annual Expenses for 8 Reeves St, Worcester MA 01607

Total Gross Expenses (Calculated)$5,305/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5305

Annual Income & Unit Breakdown for 8 Reeves St, Worcester MA 01607

Total Gross Income (Calculated)$33,300

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 8 Reeves St, Worcester MA 01607

Listing ID73068154

Property TypeMulti Family / 3 Family

Price469900 ($191.56/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2453

Approximate Lot Size (Acres)0.13

Total Parking4

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRL-7

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 8 Reeves St, Worcester MA 01607

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings

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 Compensation2.0

Facilitator Compensation1.0

Compensation Based OnNet Sale Price

Financial Information for 8 Reeves St, Worcester MA 01607

Real Estate Taxes5305

Tax Year2022

Assessed Value$348,800

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 8 Reeves St, Worcester MA 01607

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 8 Reeves St, Worcester MA 01607

Agent

Name: Candor Realty Group

Office

Name: Four Points Real Estate, LLC

Phone: 888-944-5827

Payment Calculator

, Interest

Property Taxes 442.08

Principal & Interest 2895.37

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Four Points Real Estate, LLC

Candor Realty Group

Agent Phone

Office Phone

(888) 944-5827

Text Agent Call Agent Call Office

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    [unparsed] => 8 Reeves St, Worcester MA 01607
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EXIT

39 More Photos

Closed

8 Reeves St, Worcester MA 01607

$469,900

Annual Expenses for 8 Reeves St, Worcester MA 01607

Annual Income & Unit Breakdown for 8 Reeves St, Worcester MA 01607

General Information for 8 Reeves St, Worcester MA 01607

Disclosures for 8 Reeves St, Worcester MA 01607

Financial Information for 8 Reeves St, Worcester MA 01607

Location Information for 8 Reeves St, Worcester MA 01607

Contact Information for 8 Reeves St, Worcester MA 01607

Agent

Office

Payment Calculator

Exclusive Listing Agent

Four Points Real Estate, LLC

Candor Realty Group