Location, Location, Location, steps to the WPI campus is this lovingly restored 2 family property with a detached 2 car garage on an attractive corner lot. Turn-key WPI area investment property. ZBA approval in hand for expansion to 3 units. 3rd unit could be added in the la...
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Last Checked: May 7th, 2024 at 2:01am (Source: MLS PIN #73094244)
Gross Income: $80,400
Gross Expenses: $10,584
Net Income Calc: $69,816
CAP Rate: 8.73%
Annual Expenses for 34 Elbridge St, Worcester MA 01609
Total Gross Expenses (Calculated)$10,584/year
APOD AvailableYes
Heating
Electricity$135
Water$750
Gas$750
Insurance$3,900
Sewer$750
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,799
Annual Income & Unit Breakdown for 34 Elbridge St, Worcester MA 01609
Total Gross Income (Calculated)$80,400
Unit 1
Rental Income$3,400
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$3,300
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 34 Elbridge St, Worcester MA 01609
Listing ID73094244
Property TypeMulti Family
Price$799,900 ($319.96/SqFt)
StyleMulti Family
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,500 SqFt
Approximate Lot Size (Acres)0.16 acres
Total Parking4 (2 Garage)
Garage Parking2 / Detached
Year Built1923
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRG-5
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 34 Elbridge St, Worcester MA 01609
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$16,600
Total Gross Income By Broker$80,400
Total Net Income By Broker$63,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 34 Elbridge St, Worcester MA 01609
Real Estate Taxes$5,799
Tax Year2023
Assessed Value$404,400
Financial Data SourceOwner
Total Gross Expenses By Broker$16,600
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$80,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$63,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.73%
Location Information for 34 Elbridge St, Worcester MA 01609
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Private School, University
Contact Information for 34 Elbridge St, Worcester MA 01609