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Canceled

37 Colton St, Worcester MA 01610

$599,990

Estimated $1,527.88/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $199,996.67

Total Rent: 58068/year

Estimated CAP Rate: 7.72%

9 Bedrooms

3 Full Baths

3,948 SqFt

Total Parking: 6

5,070 SqFt

Presenting a Worcester multi-family located on a side street just minutes to the new BallPark, the Canal District, Holy cross, 290, shopping, etc. Each unit is a 6 room / 3 bedroom with a 3 year old roof, vinyl siding and plenty of parking! These large units can function as 3 bedroom or 4 bedroom units, All units are rented to long term tenants. Hardwood floors throughout. Gas heat & separate utilities. Nice fenced in private yard. This property is ready to go and one you won't want to miss. No showings until the open house Sat 2/25 10am-12pm & Sun 2/26 1pm-3pm.

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 5:56am (Source: MLS PIN #73081338)

Gross Income: $58,068

Gross Expenses: $11,758

Net Income Calc: $46,310

CAP Rate: 7.72%

Annual Expenses for 37 Colton St, Worcester MA 01610

Total Gross Expenses (Calculated)$11,758/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance$4,626

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous$472

Real Estate Tax$6,660

Annual Income & Unit Breakdown for 37 Colton St, Worcester MA 01610

Total Gross Income (Calculated)$58,068

Unit 1

Rental Income$1,600

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$1,500

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

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

Unit 3

Rental Income$1,739

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

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

General Information for 37 Colton St, Worcester MA 01610

Listing ID73081338

Property TypeMulti Family / 3 Family

Price$599,990 ($151.97/SqFt)

Style3 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,948 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking6

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 37 Colton St, Worcester MA 01610

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$5,098

Total Gross Income By Broker$58,068

Total Net Income By Broker$46,898

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 37 Colton St, Worcester MA 01610

Real Estate Taxes$6,660

Tax Year2022

Assessed Value$437,900

Financial Data Source

Total Gross Expenses By Broker$5,098

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$58,068

BostonRealEstate.com Gross Income

Total Net Income By Broker$46,898

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.72%

Location Information for 37 Colton St, Worcester MA 01610

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Medical Facility, Laundromat, Public Transportation

Contact Information for 37 Colton St, Worcester MA 01610

Agent

Name: Doreen Lewis

Office

Name: Redfin Corp.

Phone: 617-340-7803

Payment Calculator

, Interest

Property Taxes 555

Principal & Interest 3696.95

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Redfin Corp.

Doreen Lewis

Agent Phone

Office Phone

(617) 340-7803

Text Agent Call Agent Call Office

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EXIT

Canceled

37 Colton St, Worcester MA 01610

$599,990

Annual Expenses for 37 Colton St, Worcester MA 01610

Annual Income & Unit Breakdown for 37 Colton St, Worcester MA 01610

General Information for 37 Colton St, Worcester MA 01610

Disclosures for 37 Colton St, Worcester MA 01610

Financial Information for 37 Colton St, Worcester MA 01610

Location Information for 37 Colton St, Worcester MA 01610

Contact Information for 37 Colton St, Worcester MA 01610

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Doreen Lewis