Overview Property Details Payment Calculator Walkability

Closed

97 Arthur Street, Worcester MA 01604

$549,000

Estimated $1,424.45/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $183,000

Total Rent: 43200/year

Estimated CAP Rate: 6.70%

9 Bedrooms

3 Full Baths

3,516 SqFt

Total Parking: 7

5,000 SqFt

Look no further! You have found the perfect investment opportunity! This well-maintained large 3-family home is located within the Grafton Hill area of Worcester! Each unit offers the same layout consisting of 3 spacious bedrooms w/ ample closet space, a full bath, an eat-in...

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 4:46am (Source: MLS PIN #73093488)

Gross Income: $43,200

Gross Expenses: $6,411

Net Income Calc: $36,789

CAP Rate: 6.70%

Annual Expenses for 97 Arthur Street, Worcester MA 01604

Total Gross Expenses (Calculated)$6,411/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,411

Annual Income & Unit Breakdown for 97 Arthur Street, Worcester MA 01604

Total Gross Income (Calculated)$43,200

Unit 1

Rental Income$1,200

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,200

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,200

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 97 Arthur Street, Worcester MA 01604

Listing ID73093488

Property TypeMulti Family / 3 Family

Price$549,000 ($156.14/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,516 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking7

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area0

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 97 Arthur Street, Worcester MA 01604

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$43,200

Total Net Income By Broker$43,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%%

Facilitator Compensation2.5%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 97 Arthur Street, Worcester MA 01604

Real Estate Taxes$6,411

Tax Year2023

Assessed Value$447,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$43,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$43,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.70%

Location Information for 97 Arthur Street, Worcester MA 01604

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation

Contact Information for 97 Arthur Street, Worcester MA 01604

Agent

Name: Garrett Lavallee

MLS ID: CN209867

Office ID: AN3002

National Association ID: 453013244

Address: 28 Brewster St.

City: Worcester

State: MA

Zip: 01602

Office

Name: Lamacchia Realty, Inc.

MLS Office ID: AN3002

Phone: 508-425-7372

Payment Calculator

$3,917.01 per month

30 Years Fixed, 6.75% Interest

Property Taxes $534.25

Principal & Interest $3,382.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Garrett Lavallee

Agent Phone

Office Phone

(508) 425-7372

Text Agent Call Agent Call Office

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EXIT

Closed

97 Arthur Street, Worcester MA 01604

$549,000

Annual Expenses for 97 Arthur Street, Worcester MA 01604

Annual Income & Unit Breakdown for 97 Arthur Street, Worcester MA 01604

General Information for 97 Arthur Street, Worcester MA 01604

Disclosures for 97 Arthur Street, Worcester MA 01604

Financial Information for 97 Arthur Street, Worcester MA 01604

Location Information for 97 Arthur Street, Worcester MA 01604

Contact Information for 97 Arthur Street, Worcester MA 01604

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Exclusive Listing Agent

Lamacchia Realty, Inc.

Garrett Lavallee