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Closed

62 Plantation St, Worcester MA 01604

$610,000

Estimated $1,541.86/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $203,333.33

Total Rent: 43800/year

Estimated CAP Rate: 6.09%

9 Bedrooms

4 Full Baths

4,239 SqFt

Total Parking: 6 (2 Garage)

9,615 SqFt

Great investment opportunity! This 3 family home offers 9 bedrooms and 4 full baths! Enter into unit 1 on the first floor and into a mudroom where you can leave your dirty shoes behind! From there is a sun filled living room that opens to the formal dining room which has access to the sunroom! Down the hall is a kitchen with a breakfast nook, a full bath and three bedrooms with ample closet space and another full bath in the primary bedroom. Upstairs is unit 2 which features 3 beds, full bath, formal living and dining room, kitchen and pantry! The third level is where you will find unit 3 offering a kitchen with pantry, formal dining and living room, 3 bedrooms and a full bath which also has access to bedroom 3. Roof is ~ 3 years young! Large fenced in backyard and wood deck on unit 1. Plenty of storage in the basement and separate utilities. Come see the potential! *~Open House Saturday 2/4 12-2pm~*

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 2:01am (Source: MLS PIN #73075817)

Gross Income: $43,800

Gross Expenses: $6,633

Net Income Calc: $37,167

CAP Rate: 6.09%

Annual Expenses for 62 Plantation St, Worcester MA 01604

Total Gross Expenses (Calculated)$6,633/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,633

Annual Income & Unit Breakdown for 62 Plantation St, Worcester MA 01604

Total Gross Income (Calculated)$43,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,850

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,800

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 62 Plantation St, Worcester MA 01604

Listing ID73075817

Property TypeMulti Family / 3 Family

Price$610,000 ($143.9/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,239 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking6 (2 Garage)

Garage Parking2 / Detached

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesSolar

Terms

Disclosures for 62 Plantation St, Worcester MA 01604

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$16,896

Total Net Income By Broker$16,896

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator Compensation2%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 62 Plantation St, Worcester MA 01604

Real Estate Taxes$6,633

Tax Year2022

Assessed Value$436,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$16,896

BostonRealEstate.com Gross Income

Total Net Income By Broker$16,896

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.09%

Location Information for 62 Plantation St, Worcester MA 01604

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Public Transportation

Contact Information for 62 Plantation St, Worcester MA 01604

Agent

Name: Peter Kwende

Office

Name: Lamacchia Realty, Inc.

Phone: 978-534-3400

Payment Calculator

, Interest

Property Taxes 552.75

Principal & Interest 3758.63

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Peter Kwende

Agent Phone

Office Phone

(978) 534-3400

Text Agent Call Agent Call Office

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EXIT

Closed

62 Plantation St, Worcester MA 01604

$610,000

Annual Expenses for 62 Plantation St, Worcester MA 01604

Annual Income & Unit Breakdown for 62 Plantation St, Worcester MA 01604

General Information for 62 Plantation St, Worcester MA 01604

Disclosures for 62 Plantation St, Worcester MA 01604

Financial Information for 62 Plantation St, Worcester MA 01604

Location Information for 62 Plantation St, Worcester MA 01604

Contact Information for 62 Plantation St, Worcester MA 01604

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Lamacchia Realty, Inc.

Peter Kwende