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Closed

8 Delaware, Worcester MA 01603

$509,900

Estimated $1,274.10/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $169,966.67

Total Rent: 14400/year

Estimated CAP Rate: 1.77%

8 Bedrooms

3 Full Baths

3,522 SqFt

Total Parking: 0

4,723 SqFt

Check out this well maintained large three family home located in College Hill. Each unit features three bedrooms with kitchen, living room and a dining room. Updates include new roof (2017), new siding, replacement windows, plumbing and electrical throughout. All 3 units are De-leaded. Perfect for an owner occupied or an investor to enjoy the cashflow from a completely turn key property. 2nd floor apartment and the front hallways were painted recently. Act fast - Don't let this opportunity pass you by! Easy access to routes 290 and the Mass Turnpike. Showing only for the 1st and 2nd floor. 3rd floor can be viewed upon an accepted offer! Please do not disturb the tenants.

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 4:56am (Source: MLS PIN #73100633)

Gross Income: $14,400

Gross Expenses: $5,367

Net Income Calc: $9,033

CAP Rate: 1.77%

Annual Expenses for 8 Delaware, Worcester MA 01603

Total Gross Expenses (Calculated)$5,367/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,367.61

Annual Income & Unit Breakdown for 8 Delaware, Worcester MA 01603

Total Gross Income (Calculated)$14,400

Unit 1

Rental Income$1,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 8 Delaware, Worcester MA 01603

Listing ID73100633

Property TypeMulti Family / 3 Family

Price$509,900 ($144.78/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,522 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesSloped

Foundation Area

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 8 Delaware, Worcester MA 01603

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$31,200

Total Net Income By Broker$31,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 8 Delaware, Worcester MA 01603

Real Estate Taxes$5,367.61

Tax Year2022

Assessed Value$352,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$31,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$31,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.77%

Location Information for 8 Delaware, Worcester MA 01603

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Laundromat, Public Transportation, University

Contact Information for 8 Delaware, Worcester MA 01603

Agent

Name: Syed Khan

Office

Name: Cedar Wood Realty Group

Phone: 508-283-7979

Payment Calculator

, Interest

Property Taxes 447.3

Principal & Interest 3141.84

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cedar Wood Realty Group

Syed Khan

Agent Phone

Office Phone

(508) 283-7979

Text Agent Call Agent Call Office

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EXIT

Closed

8 Delaware, Worcester MA 01603

$509,900

Annual Expenses for 8 Delaware, Worcester MA 01603

Annual Income & Unit Breakdown for 8 Delaware, Worcester MA 01603

General Information for 8 Delaware, Worcester MA 01603

Disclosures for 8 Delaware, Worcester MA 01603

Financial Information for 8 Delaware, Worcester MA 01603

Location Information for 8 Delaware, Worcester MA 01603

Contact Information for 8 Delaware, Worcester MA 01603

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Exclusive Listing Agent

Cedar Wood Realty Group

Syed Khan