Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

1319 Main St, Worcester MA 01603

$850,000

Estimated $2,058/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $141,666.67

Total Rent: 10800/year

Estimated CAP Rate:

18 Bedrooms

Baths

6714

Total Parking: 6

14,537 (0.33)

Price Reduced! This 3-story, multifamily walkup consists of 6 three-bedroom apartments. The first floor has also been used as one large six-bedroom apartment. The building is a massive 9,960 square feet, and sits on a mostly level 14,537 square foot lot that provides off-street parking. The front of the building offers shared balconies on the 2nd and 3rd floors, while the back of the building offers private sunrooms for each unit. The units are separately metered for gas and electric and each has its own hot water tank. It is zoned by the city as BL-1.0, potentially giving the property alternative uses. Conveniently located near bus stops for the 19 and 33 service lines. Close to Clark University, College of the Holy Cross, Worcester State University, Worcester Polytechnic Institute, Coes Park and Worcester Regional Airport. The property is in need of numerous repairs and offers buyers a value-add opportunity.

This home has been viewed 55 times

Last Checked: May 7th, 2024 at 1:51am (Source: MLS PIN #73065987)

Gross Income: $10,800

Gross Expenses: $8,157

Net Income Calc: $2,643

Annual Expenses for 1319 Main St, Worcester MA 01603

Total Gross Expenses (Calculated)$8,157/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8157

Annual Income & Unit Breakdown for 1319 Main St, Worcester MA 01603

Total Gross Income (Calculated)$10,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 1319 Main St, Worcester MA 01603

Listing ID73065987

Property TypeMulti Family / 5+ Family

Price850000 ($126.6/SqFt)

Style5-9 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total6714

Approximate Lot Size (Acres)0.33

Total Parking6

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBL-1

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 1319 Main St, Worcester MA 01603

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

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 1319 Main St, Worcester MA 01603

Real Estate Taxes8157

Tax Year2022

Assessed Value$536,300

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 1319 Main St, Worcester MA 01603

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 1319 Main St, Worcester MA 01603

Agent

Name: Ben Hicks

Office

Name: Bridgemont Realty LLC

Phone: 617-529-0751

Payment Calculator

, Interest

Property Taxes 679.75

Principal & Interest 5237.43

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Bridgemont Realty LLC

Ben Hicks

Agent Phone

Office Phone

(617) 529-0751

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.33 acres (14,537 SqFt)
    [add_date] => 2024-05-07 01:51:04
    [address] => Main St
    [agent] => Array
        (
            [address] => 74 South Walnut Street
            [city] => Quincy
            [id] => CN203261
            [name] => Ben Hicks
            [national_association] => 
            [office] => AN7238
            [state] => MA
            [zip] => 02169
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 6714
    [approx_lot_size_acres] => 0.33
    [approx_lot_size_sqft] => 14537
    [assessed_value] => $536,300
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 18
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => CN203261
    [buyer_office_id] => AN7238
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Worcester
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Gross/full Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Worcester
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Price Reduced! This 3-story, multifamily walkup consists of 6 three-bedroom apartments. The first floor has also been used as one large six-bedroom apartment. The building is a massive 9,960 square feet, and sits on a mostly level 14,537 square foot lot that provides off-street parking. The front of the building offers shared balconies on the 2nd and 3rd floors, while the back of the building offers private sunrooms for each unit. The units are separately metered for gas and electric and each has its own hot water tank. It is zoned by the city as BL-1.0, potentially giving the property alternative uses. Conveniently located near bus stops for the 19 and 33 service lines. Close to Clark University, College of the Holy Cross, Worcester State University, Worcester Polytechnic Institute, Coes Park and Worcester Regional Airport. The property is in need of numerous repairs and offers buyers a value-add opportunity.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Personal Belongings
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 0
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 01:51:04
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73065987
    [neighborhoods] => 
    [net_income_calc] => 2643
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 6
    [office] => Array
        (
            [id] => AN7238
            [name] => Bridgemont Realty LLC
            [phone] => 617-529-0751
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 850000
    [price_per_sqft] => 126.6
    [price_per_unit] => 141666.66666667
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[real_estate_tax] => 8157
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 30
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 1319
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 8157
    [total_gross_income] => 10800
    [total_parking] => 6
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 3
    [unit_3_floor] => 1
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 1 Full
    [unit_4_bedrooms] => 3
    [unit_4_floor] => 1
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 1
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 1319 Main St, Worcester MA 01603
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[year_built] => 1910
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01603
    [zips] => 
    [zoning] => BL-1
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/331350/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=7
            [7] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=8
            [8] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=9
            [9] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=10
            [10] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=11
            [11] => https://media.mlspin.com/photo.aspx?mls=73065987&w=1024&h=768&n=12
        )

[raw] => 
)

EXIT

10 More Photos

Closed

1319 Main St, Worcester MA 01603

$850,000

Annual Expenses for 1319 Main St, Worcester MA 01603

Annual Income & Unit Breakdown for 1319 Main St, Worcester MA 01603

General Information for 1319 Main St, Worcester MA 01603

Disclosures for 1319 Main St, Worcester MA 01603

Financial Information for 1319 Main St, Worcester MA 01603

Location Information for 1319 Main St, Worcester MA 01603

Contact Information for 1319 Main St, Worcester MA 01603

Agent

Office

Payment Calculator

Exclusive Listing Agent

Bridgemont Realty LLC

Ben Hicks