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Closed

1 Marmion Ave, Worcester MA 01606

$424,900

Estimated $1,101/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $212,450

Total Rent: 9600/year

Estimated CAP Rate:

4 Bedrooms

Baths

1520

Total Parking: 3

5,210 (0.12)

OFFERS DUE MONDAY 4/3 10AM***NEW LISTING! ***2 FAMILY IN BURNCOAT AREA OF WORCESTER!*** Wonderful opportunity for an owner-occupant or an investor looking to expand their portfolio! Two units with 2 bedrooms each and shared use of the full basement for laundry and storage. There is a finished office space and closet as well. Lovely hardwood flooring in the main living rooms and bedrooms. Updated kitchen and bath in 1st unit. Updated bath in 2nd unit. Ample closet space in both. Exterior has a paved parking area, patio, and shed. Energy efficient with shared utilities, insulated attic, metal roof, vinyl siding and new windows as of this month. Close to Burncoat Middle and High Schools as well as easy commuter highway access. Owner occupied with pre-pandemic rental rate for the 2nd unit. Will be delivered with 1st unit vacant. May 31st closing. Showings at the open houses on 4/1 and 4/2; 11am to 1pm only. See attachment for property details and inclusions/exclusions.

This home has been viewed 54 times

Last Checked: May 7th, 2024 at 4:11am (Source: MLS PIN #73092517)

Gross Income: $9,600

Gross Expenses: $4,944

Net Income Calc: $4,656

Annual Expenses for 1 Marmion Ave, Worcester MA 01606

Total Gross Expenses (Calculated)$4,944/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4944

Annual Income & Unit Breakdown for 1 Marmion Ave, Worcester MA 01606

Total Gross Income (Calculated)$9,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 1 Marmion Ave, Worcester MA 01606

Listing ID73092517

Property TypeMulti Family / 2 Family

Price424900 ($279.54/SqFt)

Style2 Family - 2 Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1520

Approximate Lot Size (Acres)0.12

Total Parking3

Garage Parking0

Year Built1967

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRL-7

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 1 Marmion Ave, Worcester MA 01606

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

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 1 Marmion Ave, Worcester MA 01606

Real Estate Taxes4944

Tax Year2023

Assessed Value$344,800

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 1 Marmion Ave, Worcester MA 01606

Middle SchoolBurncoat

High SchoolBurncoat

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 1 Marmion Ave, Worcester MA 01606

Agent

Name: Amy Mullen

Office

Name: RE/MAX Prof Associates

Phone: 508-799-4900

Payment Calculator

, Interest

Property Taxes 412

Principal & Interest 2618.1

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Prof Associates

Amy Mullen

Agent Phone

Office Phone

(508) 799-4900

Text Agent Call Agent Call Office

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    [description] => OFFERS DUE MONDAY 4/3 10AM***NEW LISTING! ***2 FAMILY IN BURNCOAT AREA OF WORCESTER!*** Wonderful opportunity for an owner-occupant or an investor looking to expand their portfolio! Two units with 2 bedrooms each and shared use of the full basement for laundry and storage. There is a finished office space and closet as well. Lovely hardwood flooring in the main living rooms and bedrooms. Updated kitchen and bath in 1st unit. Updated bath in 2nd unit. Ample closet space in both. Exterior has a paved parking area, patio, and shed. Energy efficient with shared utilities, insulated attic, metal roof, vinyl siding and new windows as of this month. Close to Burncoat Middle and High Schools as well as easy commuter highway access. Owner occupied with pre-pandemic rental rate for the 2nd unit. Will be delivered with 1st unit vacant. May 31st closing. Showings at the open houses on 4/1 and 4/2; 11am to 1pm only. See attachment for property details and inclusions/exclusions.
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    [unparsed] => 1 Marmion Ave, Worcester MA 01606
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EXIT

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