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29 Fales St, Worcester MA 01606

$399,900

Estimated $1,091.77/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $199,950

Total Rent: 10800/year

Estimated CAP Rate: 1.37%

3 Bedrooms

2 Full Baths

1,802 SqFt

Total Parking: 7 (3 Garage)

8,400 SqFt

*****OPEN HOUSE CANCELED- sellers accepted an offer sight unseen******Well maintained 2 Family on a corner lot with a 3 Car Garage. First floor unit offers large rooms with hardwoods recently refinished, updated bathroom with laundry, recently painted, is in move in condition and would make a great owner occupied unit. Second floor unit has 2 bedrooms, hardwoods, eat in kitchen and good size living room. Home still has so much character with built ins and a large covered front porch. Most of the major items have been updated including boilers, vinyl siding and roof. 3 car garage offers potential for more rental income. Great location for commuting (minutes to all major routes). First showings at the open house Saturday 4/8 11:00-1:00. Interior photos coming soon.

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 3:55am (Source: MLS PIN #73095049)

Gross Income: $10,800

Gross Expenses: $5,320

Net Income Calc: $5,480

CAP Rate: 1.37%

Annual Expenses for 29 Fales St, Worcester MA 01606

Total Gross Expenses (Calculated)$5,320/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,320

Annual Income & Unit Breakdown for 29 Fales St, Worcester MA 01606

Total Gross Income (Calculated)$10,800

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

Unit 2

Rental Income$900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

General Information for 29 Fales St, Worcester MA 01606

Listing ID73095049

Property TypeMulti Family

Price$399,900 ($221.92/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total1,802 SqFt

Approximate Lot Size (Acres)0.19 acres

Total Parking7 (3 Garage)

Garage Parking3 / Detached

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRL-7

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 29 Fales St, Worcester MA 01606

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$10,800

Total Net Income By Broker$10,800

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 29 Fales St, Worcester MA 01606

Real Estate Taxes$5,320

Tax Year2023

Assessed Value$371,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$10,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$10,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.37%

Location Information for 29 Fales St, Worcester MA 01606

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, Private School, University

Contact Information for 29 Fales St, Worcester MA 01606

Agent

Name: Amy Ekleberry Perro

Office

Name: Michael Toomey & Associates, Inc.

Phone: 508-867-2800

Team Members

Name: Lee A. Martinelli

Phone: 774-253-0364

Payment Calculator

, Interest

Property Taxes 443.33

Principal & Interest 2464.06

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Michael Toomey & Associates, Inc.

Amy Ekleberry Perro

Agent Phone

Office Phone

(508) 867-2800

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT