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Expired

66 Fairfield, Worcester MA 01602

$695,000

Estimated $1,470.02/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $347,500

Total Rent: 40800/year

Estimated CAP Rate: 5.28%

5 Bedrooms

2 Full Baths

1,971 SqFt

Total Parking: 8 (2 Garage)

13,300 SqFt

Temporarily Withdrawn - Seller is making upgrades to 2nd floor - Possibilities are endless - add 3-4 additional units. Solid 2 family property within walking distance to Clark University - with a total of 5BR. Owner occupied or investment. Currently 1 vacant unit. Second floor can be expanded to attic for 2-3additional bedrooms. Huge garage with loft office in back yard - currently rented for workshop, but can be converted back to living space - additional unit; Parcel to the right of the building can potentially be subdivided. RL7 zoning - 2 family allowed and 3 family with special permit. Ample parking; Buyer and buyers' agent to do their own research;

This home has been viewed 56 times

Last Checked: May 7th, 2024 at 5:11am (Source: MLS PIN #73070054)

Gross Income: $40,800

Gross Expenses: $4,117

Net Income Calc: $36,683

CAP Rate: 5.28%

Annual Expenses for 66 Fairfield, Worcester MA 01602

Total Gross Expenses (Calculated)$4,117/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,117

Annual Income & Unit Breakdown for 66 Fairfield, Worcester MA 01602

Total Gross Income (Calculated)$40,800

Unit 1

Rental Income$1,700

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,700

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 66 Fairfield, Worcester MA 01602

Listing ID73070054

Property TypeMulti Family

Price$695,000 ($352.61/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total1,971 SqFt

Approximate Lot Size (Acres)0.31 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRL7

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 66 Fairfield, Worcester MA 01602

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$0

Total Net Income By Broker$39,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 66 Fairfield, Worcester MA 01602

Real Estate Taxes$4,117

Tax Year2022

Assessed Value$272,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$39,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.28%

Location Information for 66 Fairfield, Worcester MA 01602

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 66 Fairfield, Worcester MA 01602

Agent

Name: Bela Kasas

Office

Name: Choice Realty RES

Phone: 617-365-6522

Payment Calculator

, Interest

Property Taxes 343.08

Principal & Interest 4282.37

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Choice Realty RES

Bela Kasas

Agent Phone

Office Phone

(617) 365-6522

Text Agent Call Agent Call Office

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EXIT