Here is an excellent opportunity for a savvy investor or an entrepreneur. A very rare find consisting of four units with two commercial fronts on first level and two residential units on second and third floors. Real estate market in the area continues to be strong and this...
This home has been viewed 34 times
Last Checked: May 7th, 2024 at 1:36am (Source: MLS PIN #73064493)
Gross Income: $72,600
Gross Expenses: $6,660
Net Income Calc: $65,940
CAP Rate: 9.22%
Annual Expenses for 2 Greenwood St, Worcester MA 01607
Total Gross Expenses (Calculated)$6,660/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,660.45
Annual Income & Unit Breakdown for 2 Greenwood St, Worcester MA 01607
Total Gross Income (Calculated)$72,600
Unit 1
Rental Income$1,500
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$500
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,200
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,850
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 2 Greenwood St, Worcester MA 01607
Listing ID73064493
Property TypeMulti Family / 4 Family
Price$714,900 ($133.28/SqFt)
Style4 Family - 4 Units Up/down
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total5,364 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking6
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area999
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningBL-1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 2 Greenwood St, Worcester MA 01607
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureAll information input from third party. Agents and
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$67,200
Total Net Income By Broker$67,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 2 Greenwood St, Worcester MA 01607
Real Estate Taxes$6,660.45
Tax Year2022
Assessed Value$437,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$67,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$67,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.22%
Location Information for 2 Greenwood St, Worcester MA 01607
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, University, Sidewalks
Contact Information for 2 Greenwood St, Worcester MA 01607