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38 Oberlin St, Worcester MA 01610

$600,000

Estimated $1,499.55/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $200,000

Total Rent: 58800/year

Estimated CAP Rate: 8.25%

9 Bedrooms

3 Full Baths

3,746 SqFt

Total Parking: 2

3,500 SqFt

A LARGE RECENTLY UPDATED 3 FAMILY IN 2008 IN THE CLARK UNIVERSITY AREA. Could be a Great Investment property. Newly installed Roof Oct 2022 1st floor 4 bedrooms, 2nd floor 3 bedrooms, 3rd floor 2 bedrooms. Vinyl siding, replacement windows, updated electric and plumbing, front porch, refinished hardwood floors, and many more upgrades. Off-street parking. It qualifies for the Clark University Free Tuition Program. Within the Woodland Academy area, the Claremont and University Park Campus Schools. All units on leases and paying on time. Offers Due by Sunday February 12 and keep the offer valid till Tues February 14 2023.

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 3:31am (Source: MLS PIN #73076453)

Gross Income: $58,800

Gross Expenses: $9,319

Net Income Calc: $49,481

CAP Rate: 8.25%

Annual Expenses for 38 Oberlin St, Worcester MA 01610

Total Gross Expenses (Calculated)$9,319/year

APOD AvailableYes

Heating

Electricity

Water$3,000

Gas$3,000

Insurance

Sewer$3,000

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,319.76

Annual Income & Unit Breakdown for 38 Oberlin St, Worcester MA 01610

Total Gross Income (Calculated)$58,800

Unit 1

Rental Income$2,200

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water

Unit 2

Rental Income$1,500

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water

Unit 3

Rental Income$1,200

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water

General Information for 38 Oberlin St, Worcester MA 01610

Listing ID73076453

Property TypeMulti Family / 3 Family

Price$600,000 ($160.17/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS AreaDowntown

Neighborhood(s)

Approximate Living Area Total3,746 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking2

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 38 Oberlin St, Worcester MA 01610

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated, Owner, Limited Information

Total Gross Expenses By Broker$3,000

Total Gross Income By Broker$58,800

Total Net Income By Broker$49,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 38 Oberlin St, Worcester MA 01610

Real Estate Taxes$6,319.76

Tax Year2022

Assessed Value$415,500

Financial Data SourceEstimated, Owner, Limited Information

Total Gross Expenses By Broker$3,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$58,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$49,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.25%

Location Information for 38 Oberlin St, Worcester MA 01610

Elementary SchoolWoodland

Middle SchoolClaremont

High SchoolUniversity Park

Neighborhood(s)

MLS AreaDowntown

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Public Transportation, University

Contact Information for 38 Oberlin St, Worcester MA 01610

Agent

Name: Mubaraka Jafferji

Office

Name: Cedar Wood Realty Group

Phone: 508-283-7979

Payment Calculator

, Interest

Property Taxes 526.65

Principal & Interest 3697.01

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cedar Wood Realty Group

Mubaraka Jafferji

Agent Phone

Office Phone

(508) 283-7979

Text Agent Call Agent Call Office

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EXIT

Closed

38 Oberlin St, Worcester MA 01610

$600,000

Annual Expenses for 38 Oberlin St, Worcester MA 01610

Annual Income & Unit Breakdown for 38 Oberlin St, Worcester MA 01610

General Information for 38 Oberlin St, Worcester MA 01610

Disclosures for 38 Oberlin St, Worcester MA 01610

Financial Information for 38 Oberlin St, Worcester MA 01610

Location Information for 38 Oberlin St, Worcester MA 01610

Contact Information for 38 Oberlin St, Worcester MA 01610

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Cedar Wood Realty Group

Mubaraka Jafferji