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246 Millbury St, Worcester MA 01610

$569,900

Estimated $1,441/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $189,966.67

Total Rent: 46800/year

Estimated CAP Rate:

9 Bedrooms

Baths

3596

Total Parking: 8

4,882 (0.11)

Opportunity knocks with this centrally located decker style 3 family, ideal for investors or owner occupants. All the units have near identical floor plans featuring large bedrooms, well proportioned kitchen/dining area and spacious living rooms. The property has undergone several updates over the years with vinyl siding, replacement windows, dedicated electric panels and separate utilities. The sale comprises two deeds on a large corner lot with abundant parking and a fenced in yard. All this in a prime location in close proximity to several major routes, minutes to commuter rail services, business district, and adjacent to Crompton Park. All tenancies are at will with potential for increased cash flow. Showings commence with the open houses on Jan 14th & 15th.

This home has been viewed 41 times

Last Checked: May 7th, 2024 at 3:16am (Source: MLS PIN #73069883)

Gross Income: $46,800

Gross Expenses: $6,197

Net Income Calc: $40,603

Annual Expenses for 246 Millbury St, Worcester MA 01610

Total Gross Expenses (Calculated)$6,197/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6197

Annual Income & Unit Breakdown for 246 Millbury St, Worcester MA 01610

Total Gross Income (Calculated)$46,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 246 Millbury St, Worcester MA 01610

Listing ID73069883

Property TypeMulti Family / 3 Family

Price569900 ($158.48/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3596

Approximate Lot Size (Acres)0.11

Total Parking8

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBG-3

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 246 Millbury St, Worcester MA 01610

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSheds

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 246 Millbury St, Worcester MA 01610

Real Estate Taxes6197

Tax Year2022

Assessed Value$407,400

Financial Data Source

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 246 Millbury St, Worcester MA 01610

Neighborhood(s)

Area Amenities

Contact Information for 246 Millbury St, Worcester MA 01610

Agent

Name: Mony Nhem

Office

Name: Century 21 North East

Phone: 603-893-8230

Payment Calculator

, Interest

Property Taxes 516.42

Principal & Interest 3511.54

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Mony Nhem

Agent Phone

Office Phone

(603) 893-8230

Text Agent Call Agent Call Office

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    [unparsed] => 246 Millbury St, Worcester MA 01610
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EXIT

20 More Photos

Closed

246 Millbury St, Worcester MA 01610

$569,900

Annual Expenses for 246 Millbury St, Worcester MA 01610

Annual Income & Unit Breakdown for 246 Millbury St, Worcester MA 01610

General Information for 246 Millbury St, Worcester MA 01610

Disclosures for 246 Millbury St, Worcester MA 01610

Financial Information for 246 Millbury St, Worcester MA 01610

Location Information for 246 Millbury St, Worcester MA 01610

Contact Information for 246 Millbury St, Worcester MA 01610

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 North East

Mony Nhem