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Closed

19 Westfield St, Worcester MA 01602

$999,999

Estimated $2,234.16/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $166,666.50

Total Rent: 70200/year

Estimated CAP Rate: 5.32%

12 Bedrooms

6 Full Baths

5,000 SqFt

Total Parking: 6

6,028 SqFt

UPDATED RENT ROLL! INCREDIBLE OPPORTUNITY 6 UNIT building RENOVATED & Converted to condos/association in 2007. LEAD CERTS FOR ALL UNITS! EACH 2 bedroom condo can be sold separately. Each unit has two bedrooms, living room and large eat in kitchen. WASHER & DRYER IN 3 UNITS. Storage units available in basement for each Apt.and plenty of room to add coin-op Laundry. Building features: Vinyl Siding, Vinyl Windows, HEAT converted to GAS, NEW Long PAVED driveway & REAR PARKING for off-street parking. Many units with bathroom & flooring updates. Close to BigY and CVS. Market rents $1550+ ea. (2 units now at market) so room to grow current rent roll

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 3:31am (Source: MLS PIN #73059705)

Gross Income: $70,200

Gross Expenses: $16,960

Net Income Calc: $53,240

CAP Rate: 5.32%

Annual Expenses for 19 Westfield St, Worcester MA 01602

Total Gross Expenses (Calculated)$16,960/year

APOD AvailableYes

Heating

Electricity$230

Water$5,200

Gas$5,200

Insurance$3,128

Sewer$5,200

Trash Removal

Repair & Maintenance$1,050

Management

Miscellaneous

Real Estate Tax$7,352

Annual Income & Unit Breakdown for 19 Westfield St, Worcester MA 01602

Total Gross Income (Calculated)$70,200

Unit 1

Rental Income$1,350

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,550

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,400

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,550

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 19 Westfield St, Worcester MA 01602

Listing ID73059705

Property TypeMulti Family / 5+ Family

Price$999,999 ($200/SqFt)

Style5-9 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total5,000 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking6

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCleared

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoning??

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 19 Westfield St, Worcester MA 01602

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureUNITS ARE 720SQ FT EA. - PUBLIC RECORD

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$9,608

Total Gross Income By Broker$102,516

Total Net Income By Broker$85,556

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 19 Westfield St, Worcester MA 01602

Real Estate Taxes$7,352

Tax Year2022

Assessed Value$99,999,999

Financial Data SourceOwner

Total Gross Expenses By Broker$9,608

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$102,516

BostonRealEstate.com Gross Income

Total Net Income By Broker$85,556

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.32%

Location Information for 19 Westfield St, Worcester MA 01602

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, University

Contact Information for 19 Westfield St, Worcester MA 01602

Agent

Name: Oren Mael

Office

Name: Sapphire Real Estate

Phone: 617-905-7172

Payment Calculator

, Interest

Property Taxes 612.67

Principal & Interest 6161.68

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sapphire Real Estate

Oren Mael

Agent Phone

Office Phone

(617) 905-7172

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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[uffi] => Array
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    [zoning] => ??
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EXIT

Closed

19 Westfield St, Worcester MA 01602

$999,999

Annual Expenses for 19 Westfield St, Worcester MA 01602

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Financial Information for 19 Westfield St, Worcester MA 01602

Location Information for 19 Westfield St, Worcester MA 01602

Contact Information for 19 Westfield St, Worcester MA 01602

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