Income property in Super convenient location. Most major items has been updated in the last 10 years including: roof, siding, windows, 2gas boilers, and 3electrical circuit breaker panels with landlord meter, off street parking/ 2driveways. Each unit has each own electrical meter and hot water tank, City water and sewer. First floor and second floor has gas heat. Tenants are in 2nd and 3rd floor helped with mortgage. First floor just completed remodel and Its ready to move-in. it has a new beautifully hardwood flooring, tile flooring, light fixtures, plumbing fixtures, granite countertops, and freshly painted. Hurry it will not last. Solid building and long term tenants. Group showing only by appointment SAT 3:30-4:30pm
This home has been viewed 41 times
Last Checked: May 7th, 2024 at 3:16am (Source: MLS PIN #73074446)
Gross Income: $48,000
Gross Expenses: $3,394
Net Income Calc: $44,606
Annual Expenses for 25 Mechanic St, Webster MA 01570
Total Gross Expenses (Calculated)$3,394/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3294
Annual Income & Unit Breakdown for 25 Mechanic St, Webster MA 01570
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit3
Rent IncludesHeat
General Information for 25 Mechanic St, Webster MA 01570
Listing ID73074446
Property TypeMulti Family / 3 Family
Price475000 ($141.2/SqFt)
Style3 Family - 3 Units Up/down
CityWebster
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3364
Approximate Lot Size (Acres)0.11
Total Parking4
Garage Parking0
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningMR12
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 25 Mechanic St, Webster MA 01570
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
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 Compensation2.25
Facilitator Compensation2.25
Compensation Based OnNet Sale Price
Financial Information for 25 Mechanic St, Webster MA 01570
Real Estate Taxes3294
Tax Year2023
Assessed Value$236,000
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 25 Mechanic St, Webster MA 01570
Neighborhood(s)
Area Amenities
Contact Information for 25 Mechanic St, Webster MA 01570