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246 Vernon St, Worcester MA 01607

$566,000

Estimated $1,434/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $188,666.67

Total Rent: 30000/year

Estimated CAP Rate:

9 Bedrooms

Baths

3521

Total Parking: 6

6,045 (0.14)

**** Please note - OFFER DEADLINE has been set for Sunday, 1/15/2023 at 6pm.******** Terrific opportunity for an owner-occupied money maker or easy investment. Stately Worcester 3 decker conveniently located at the very end of Vernon St. Each floor features 3 bedrooms and a panty. The 1st floor is vacant and just renovated – new kitchen cabinets & appliances, new bathroom, fresh paint, and gleaming pine floors. 2nd and 3rd floors are TAW. Both units recently renovated (available to see with an accepted offer). FHA by gas on the 1st and 3rd floors. Gas/Gas on 2nd floor. Current rents are well below market rate. Plenty of off-street parking. The basement is very clean and includes storage and Coin-Op laundry. Updated electric with owner’s box. The roof is 10-15 years old. All three have de-lead letters. Showings start immediately.

This home has been viewed 45 times

Last Checked: May 7th, 2024 at 1:46am (Source: MLS PIN #73069681)

Gross Income: $30,000

Gross Expenses: $6,192

Net Income Calc: $23,808

Water Views

Annual Expenses for 246 Vernon St, Worcester MA 01607

Total Gross Expenses (Calculated)$6,192/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6192

Annual Income & Unit Breakdown for 246 Vernon St, Worcester MA 01607

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 246 Vernon St, Worcester MA 01607

Listing ID73069681

Property TypeMulti Family / 3 Family

Price566000 ($160.75/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3521

Approximate Lot Size (Acres)0.14

Total Parking6

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBG-2

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 246 Vernon St, Worcester MA 01607

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Compensation Based OnNet Sale Price

Financial Information for 246 Vernon St, Worcester MA 01607

Real Estate Taxes6192

Tax Year2022

Assessed Value$407,100

Financial Data SourceEstimated

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 246 Vernon St, Worcester MA 01607

Elementary SchoolPer Boe

Middle SchoolPer Boe

High SchoolPer Boe

Neighborhood(s)

Area Amenities

Contact Information for 246 Vernon St, Worcester MA 01607

Agent

Name: Stacey M. Hamel

Office

Name: ERA Key Realty Services- Auburn

Phone: 508-832-5831

Payment Calculator

, Interest

Property Taxes 516

Principal & Interest 3487.51

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA Key Realty Services- Auburn

Stacey M. Hamel

Agent Phone

Office Phone

(508) 832-5831

Text Agent Call Agent Call Office

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    [unparsed] => 246 Vernon St, Worcester MA 01607
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EXIT

23 More Photos

Closed

246 Vernon St, Worcester MA 01607

$566,000

Annual Expenses for 246 Vernon St, Worcester MA 01607

Annual Income & Unit Breakdown for 246 Vernon St, Worcester MA 01607

General Information for 246 Vernon St, Worcester MA 01607

Disclosures for 246 Vernon St, Worcester MA 01607

Financial Information for 246 Vernon St, Worcester MA 01607

Location Information for 246 Vernon St, Worcester MA 01607

Contact Information for 246 Vernon St, Worcester MA 01607

Agent

Office

Payment Calculator

Exclusive Listing Agent

ERA Key Realty Services- Auburn

Stacey M. Hamel