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29 Arlington Street, Worcester MA 01604

$625,000

Estimated $1,631/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $208,333.33

Total Rent: 12000/year

Estimated CAP Rate:

9 Bedrooms

Baths

4353

Total Parking: 4

4,500 (0.10)

SUBSTANTIAL PRICE REDUCTION! Premier Worcester east side property. Long time family occupied. Check out this well maintained three family home located in the Vernon Street area. Vinyl sided exterior on corner lot. Each unit features three bedrooms with kitchen, living room and dining room. First floor unit includes an additional half bath, kitchen granite counter top, three season sun porch and newer gas boiler. Hardwood floors throughout the property. Roof is approximately 10-20 years old. Replacement windows throughout. Updated electrics with 100 amp circuit breakers for each unit. Public transportation nearby. Approximately 1 mile to T-Station and Polar Park. Easy access to UMASS Medical Center, routes 290 and the Mass Turnpike. Current rental income is below market price. Potential for four bedrooms in all units. Excellent investment opportunity, large rooms with lots of natural light. Off street parking for three vehicles with potential for four. All offers considered.

This home has been viewed 43 times

Last Checked: May 7th, 2024 at 3:06am (Source: MLS PIN #73093749)

Gross Income: $12,000

Gross Expenses: $7,408

Net Income Calc: $4,592

Water Views

Annual Expenses for 29 Arlington Street, Worcester MA 01604

Total Gross Expenses (Calculated)$7,408/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7408.79

Annual Income & Unit Breakdown for 29 Arlington Street, Worcester MA 01604

Total Gross Income (Calculated)$12,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 29 Arlington Street, Worcester MA 01604

Listing ID73093749

Property TypeMulti Family / 3 Family

Price625000 ($143.58/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4353

Approximate Lot Size (Acres)0.1

Total Parking4

Garage Parking0

Year Built1915

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 Area1200

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 29 Arlington Street, Worcester MA 01604

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

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 Compensation2.0

Facilitator Compensation2.0

Compensation Based OnNet Sale Price

Financial Information for 29 Arlington Street, Worcester MA 01604

Real Estate Taxes7408.79

Tax Year2022

Assessed Value$487,100

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 29 Arlington Street, Worcester MA 01604

Elementary SchoolUnion Hill

Middle SchoolEast Middle

High SchoolNorth

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 29 Arlington Street, Worcester MA 01604

Agent

Name: Joseph Sama

Office

Name: The O'Rourke Group Real Estate Professionals

Phone: 774-312-6615

Payment Calculator

, Interest

Property Taxes 617.4

Principal & Interest 3851.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The O'Rourke Group Real Estate Professionals

Joseph Sama

Agent Phone

Office Phone

(774) 312-6615

Text Agent Call Agent Call Office

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EXIT

20 More Photos

Closed

29 Arlington Street, Worcester MA 01604

$625,000

Annual Expenses for 29 Arlington Street, Worcester MA 01604

Annual Income & Unit Breakdown for 29 Arlington Street, Worcester MA 01604

General Information for 29 Arlington Street, Worcester MA 01604

Disclosures for 29 Arlington Street, Worcester MA 01604

Financial Information for 29 Arlington Street, Worcester MA 01604

Location Information for 29 Arlington Street, Worcester MA 01604

Contact Information for 29 Arlington Street, Worcester MA 01604

Agent

Office

Payment Calculator

Exclusive Listing Agent

The O'Rourke Group Real Estate Professionals

Joseph Sama