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Canceled

175-179 Millbury St, Worcester MA 01610

$699,900

Estimated $1,493.84/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $233,300

Total Rent: 48600/year

Estimated CAP Rate: 5.41%

5 Bedrooms

2 Full, 2 Half Baths

3,872 SqFt

Total Parking: 4

3,573 SqFt

Well maintained 3 unit building on Millbury St. First floor is restaurant/bar. Second floor unit is 3 bedrooms, 1 bath and third floor is 2 bedrooms, 1 bath. Tenants are long term and TAW. Bar and bottom apartment are gas heat. Top apartment is electric. Circuit breakers throughout. New windows, siding, roof, fire escape and driveway all redone in 2016. A/C unit for bar is 3 years old. Near Polar park with access to 146 and 290.

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 2:36am (Source: MLS PIN #73057655)

Gross Income: $48,600

Gross Expenses: $10,707

Net Income Calc: $37,893

CAP Rate: 5.41%

Annual Expenses for 175-179 Millbury St, Worcester MA 01610

Total Gross Expenses (Calculated)$10,707/year

APOD AvailableYes

Heating

Electricity

Water$1,200

Gas$1,200

Insurance$4,200

Sewer$1,200

Trash Removal

Repair & Maintenance$1,000

Management

Miscellaneous

Real Estate Tax$4,307.47

Annual Income & Unit Breakdown for 175-179 Millbury St, Worcester MA 01610

Total Gross Income (Calculated)$48,600

Unit 1

Rental Income$1,500

LeaseN

Bedrooms0

Bathrooms2 Half

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,350

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 175-179 Millbury St, Worcester MA 01610

Listing ID73057655

Property TypeMulti Family / 3 Family

Price$699,900 ($180.76/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,872 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking4

Garage Parking

Year Built1928

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningBG-3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 175-179 Millbury St, Worcester MA 01610

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosurefirst floor is commercial space for bar/restaurant

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$10,707

Total Gross Income By Broker$48,600

Total Net Income By Broker$37,893

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 175-179 Millbury St, Worcester MA 01610

Real Estate Taxes$4,307.47

Tax Year2022

Assessed Value$283,200

Financial Data SourceOwner

Total Gross Expenses By Broker$10,707

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$48,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$37,893

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.41%

Location Information for 175-179 Millbury St, Worcester MA 01610

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public Transportation

Contact Information for 175-179 Millbury St, Worcester MA 01610

Agent

Name: Sherri Way

Office

Name: Keller Williams Boston Metrowest

Phone: 508-877-6500

Payment Calculator

, Interest

Property Taxes 358.96

Principal & Interest 4312.56

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Boston Metrowest

Sherri Way

Agent Phone

Office Phone

(508) 877-6500

Text Agent Call Agent Call Office

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    [description] => Well maintained 3 unit building on Millbury St.  First floor is restaurant/bar.  Second floor unit is 3 bedrooms, 1 bath and third floor is 2 bedrooms, 1 bath.  Tenants are long term and TAW.  Bar and bottom apartment are gas heat.  Top apartment is electric.  Circuit breakers throughout. New windows, siding, roof, fire escape and driveway all redone in 2016.  A/C unit for bar is 3 years old. Near Polar park with access to 146 and 290.
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[high_school] => 
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[horse_permitted] => No
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[id] => 332927
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[last_month_required] => Array
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    [laundry_features] => Array
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[lead_paint] => Array
        (
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[management_expense] => Array
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[middle_school] => 
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    [office] => Array
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            [name] => Keller Williams Boston Metrowest
            [phone] => 508-877-6500
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[optional_fee_includes] => Array
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[optional_price] => 0
    [outdoor_space_available] => Array
        (
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[owner_occupancy_source] => 
    [parking_features] => Array
        (
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[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 508-612-6206
    [pool_features] => Array
        (
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    [price_per_sqft] => 180.76
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    [private_pool] => No
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[real_estate_tax] => $4,307.47
    [references_required] => Array
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[rent_includes] => Array
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            [1] => Unit 2(water)
            [2] => Unit 3(water)
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
        (
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[roof_material] => Array
        (
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[rooms] => 10
    [senior_community] => No
    [sewer] => Array
        (
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[sewer_expense] => Array
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[short_sale] => 
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[state] => Massachusetts
    [state_code] => MA
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[street_number] => 175-179
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[style] => Array
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[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
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    [tag_laundry] => 
    [tag_lead_paint_free] => 
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    [tag_professional_management] => 
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    [tag_waterview] => 
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    [team] => Array
        (
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[terms] => Array
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[timber_acres] => None
    [title_5] => 
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    [total_parking] => 4
    [trash_expense] => Array
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[uffi] => Array
        (
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[unit_1_bathrooms] => 2 Half
    [unit_1_bedrooms] => 0
    [unit_1_floor] => 1
    [unit_1_lease] => Array
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[unit_1_levels] => 1
    [unit_1_rent] => Array
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[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 2
    [unit_2_lease] => Array
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            [0] => N
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[unit_2_levels] => 1
    [unit_2_rent] => Array
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[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 2
    [unit_3_floor] => 3
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            [0] => N
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[unit_3_levels] => 1
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[unit_4_bathrooms] => 
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    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
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[unit_4_levels] => 
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[unit_level] => 
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    [unparsed] => Array
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            [0] => 175-179 Millbury St, Worcester MA 01610
        )

[utilities] => Array
        (
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[view] => Array
        (
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[water] => Array
        (
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[water_expense] => Array
        (
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[water_views] => Array
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[water_views_features] => Array
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[waterfront] => No
    [waterfront_features] => Array
        (
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[year_built] => 1928
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01610
    [zoning] => BG-3
    [zoning_details] => 
    [media] => Array
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EXIT

Canceled

175-179 Millbury St, Worcester MA 01610

$699,900

Annual Expenses for 175-179 Millbury St, Worcester MA 01610

Annual Income & Unit Breakdown for 175-179 Millbury St, Worcester MA 01610

General Information for 175-179 Millbury St, Worcester MA 01610

Disclosures for 175-179 Millbury St, Worcester MA 01610

Financial Information for 175-179 Millbury St, Worcester MA 01610

Location Information for 175-179 Millbury St, Worcester MA 01610

Contact Information for 175-179 Millbury St, Worcester MA 01610

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Boston Metrowest

Sherri Way