Overview Property Details Payment Calculator Walkability

Closed

1 Cheney Street, Worcester MA 01610

$619,000

Estimated $1,478.38/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $206,333.33

Total Rent: 67200/year

Estimated CAP Rate: 9.94%

12 Bedrooms

3 Full Baths

4,368 SqFt

Total Parking: 5

4,818 SqFt

***INVESTMENT OPPORTUNITY*** PRIME LOCATION STEPS TO CLARK U in tuition free zone. Prized 6 room | 4 bedroom layout with nearly 1,500 sqft in each unit! Modernized units with contemporary flooring, kitchens, bathrooms and in-unit laundry hookups. Paved driveway with parking ...

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 1:36am (Source: MLS PIN #73062664)

Gross Income: $67,200

Gross Expenses: $5,696

Net Income Calc: $61,504

CAP Rate: 9.94%

Annual Expenses for 1 Cheney Street, Worcester MA 01610

Total Gross Expenses (Calculated)$5,696/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,696

Annual Income & Unit Breakdown for 1 Cheney Street, Worcester MA 01610

Total Gross Income (Calculated)$67,200

Unit 1

Rental Income$1,950

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,900

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,750

LeaseN

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 1 Cheney Street, Worcester MA 01610

Listing ID73062664

Property TypeMulti Family / 3 Family

Price$619,000 ($141.71/SqFt)

Style3 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,368 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking5

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 1 Cheney Street, Worcester MA 01610

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

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 Compensation2.25

Facilitator Compensation2.25

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 1 Cheney Street, Worcester MA 01610

Real Estate Taxes$5,696

Tax Year2022

Assessed Value$374,500

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)9.94%

Location Information for 1 Cheney Street, Worcester MA 01610

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Park, Public Transportation, University, Sidewalks

Contact Information for 1 Cheney Street, Worcester MA 01610

Agent

Name: Erika Hall

MLS ID: K9503196

Office ID: AN6641

National Association ID: 453011385

Address: 11 Kendall Drive

City: Northborough

State: MA

Zip: 01532

Office

Name: Keller Williams Realty Greater Worcester

MLS Office ID: K95491

Phone: 508-754-3020

Payment Calculator

$4,288.75 per month

30 Years Fixed, 6.75% Interest

Property Taxes $474.67

Principal & Interest $3,814.08

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Greater Worcester

Erika Hall

Agent Phone

Office Phone

(508) 754-3020

Text Agent Call Agent Call Office

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EXIT

Closed

1 Cheney Street, Worcester MA 01610

$619,000

Annual Expenses for 1 Cheney Street, Worcester MA 01610

Annual Income & Unit Breakdown for 1 Cheney Street, Worcester MA 01610

General Information for 1 Cheney Street, Worcester MA 01610

Disclosures for 1 Cheney Street, Worcester MA 01610

Financial Information for 1 Cheney Street, Worcester MA 01610

Location Information for 1 Cheney Street, Worcester MA 01610

Contact Information for 1 Cheney Street, Worcester MA 01610

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty Greater Worcester

Erika Hall