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Expired

1029-1039 Main St, Worcester MA 01603

$6,590,000

Estimated $12,994/month Calculator

Multi Family

Total Units:

Price Per Unit: $6,590,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

20000

Total Parking: 48

15,331 (0.35)

Rare opportunity to own a turnkey 33 unit property that's a 7 minute walk from prestigious Clark University* Great Cash Flow* Many units were recently renovated* 1029 Main Street features all new electrical panels, new electric baseboard heat, three units currently being completely renovated (will be delivered complete and rented.), a newly paved parking lot and new retaining wall. 1039 Main Street offers eight brand new apartments with granite countertops and stainless-steel appliances, and eight others recently renovated. entire building all new electrical, plumbing, brand new roof, all new electric baseboard heating (tenants pay for utilities.).

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 4:42am (Source: MLS PIN #73086971)

Gross Income: $0

Gross Expenses: $27,696

Net Income Calc: $27,696

Annual Expenses for 1029-1039 Main St, Worcester MA 01603

Total Gross Expenses (Calculated)$27,696/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax27696

Annual Income & Unit Breakdown for 1029-1039 Main St, Worcester MA 01603

Total Gross Income (Calculated)$0

General Information for 1029-1039 Main St, Worcester MA 01603

Listing ID73086971

Property TypeMulti Family / 5+ Family

Price6590000

Style

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total20000

Approximate Lot Size (Acres)0.35

Total Parking48

Year Built1920

Water

Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningBG-3

Zoning DetailsLegal Conforming

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 1029-1039 Main St, Worcester MA 01603

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

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 Compensation0

Compensation Based On

Financial Information for 1029-1039 Main St, Worcester MA 01603

Real Estate Taxes27696

Tax Year2023

Assessed Value$0

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 1029-1039 Main St, Worcester MA 01603

Neighborhood(s)

Area Amenities

Contact Information for 1029-1039 Main St, Worcester MA 01603

Agent

Name: James Kalogeropoulos

Office

Name: RE/MAX Partners

Phone: 978-475-2100

Payment Calculator

, Interest

Property Taxes 2308

Principal & Interest 40605.48

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Partners

James Kalogeropoulos

Agent Phone

Office Phone

(978) 475-2100

Text Agent Call Agent Call Office

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EXIT

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