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Canceled

34 Elbridge St, Worcester MA 01609

$799,900

Estimated $1,780/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $399,950

Total Rent: 80400/year

Estimated CAP Rate:

6 Bedrooms

Baths

2500

Total Parking: 4 (2 Garage)

6,760 (0.16)

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 large walkup attic or alternatively add additional bedrooms for the second-floor unit, (Architectural plans available). Each existing unit has 3 bedrooms and 1 bathroom with eat-in kitchens and living space. Fireplaces in both units with beautiful, refinished hardwood floors throughout. Delightful additional sunroom on the first floor. All separate utilities paid by tenants. Units are all leased to WPI students through 5/31/2024. Come check out this rare opportunity to buy a multifamily property in the WPI community.

This home has been viewed 42 times

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

Water Views

Annual Expenses for 34 Elbridge St, Worcester MA 01609

Total Gross Expenses (Calculated)$10,584/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5799

Annual Income & Unit Breakdown for 34 Elbridge St, Worcester MA 01609

Total Gross Income (Calculated)$80,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 34 Elbridge St, Worcester MA 01609

Listing ID73094244

Property TypeMulti Family

Price799900 ($319.96/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2500

Approximate Lot Size (Acres)0.16

Total Parking4 (2 Garage)

Garage Parking2

Year Built1923

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

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 34 Elbridge St, Worcester MA 01609

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings

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

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 34 Elbridge St, Worcester MA 01609

Real Estate Taxes5799

Tax Year2023

Assessed Value$404,400

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 34 Elbridge St, Worcester MA 01609

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 34 Elbridge St, Worcester MA 01609

Agent

Name: James Glickman

Office

Name: NAI Glickman Kovago & Jacobs

Phone: 508-753-9100

Payment Calculator

, Interest

Property Taxes 483.25

Principal & Interest 4928.73

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

NAI Glickman Kovago & Jacobs

James Glickman

Agent Phone

Office Phone

(508) 753-9100

Text Agent Call Agent Call Office

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EXIT

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