Overview Property Details Payment Calculator Walkability

Closed

162 Belmont Street, Worcester MA 01605

$475,000

Estimated $1,086.45/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $237,500

Total Rent: 44400/year

Estimated CAP Rate: 8.55%

5 Bedrooms

2 Full, 1 Half Baths

2,238 SqFt

Total Parking: 1

6,025 SqFt

BOM, BUYER GOT COLD FEET! THEIR LOSS IS YOUR GAIN!GREAT LOCATION! Close to Hospitals, Schools, Highway and lots of local shops. Must see to appreciate. New viewing times available. This 2 family home has been in the family for more than 30 years. A little TLC will make this ...

This home has been viewed 20 times

Last Checked: May 7th, 2024 at 6:11am (Source: MLS PIN #73061848)

Gross Income: $44,400

Gross Expenses: $3,794

Net Income Calc: $40,606

CAP Rate: 8.55%

Annual Expenses for 162 Belmont Street, Worcester MA 01605

Total Gross Expenses (Calculated)$3,794/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,794.90

Annual Income & Unit Breakdown for 162 Belmont Street, Worcester MA 01605

Total Gross Income (Calculated)$44,400

Unit 1

Rental Income$2,300

LeaseN

Bedrooms4

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 162 Belmont Street, Worcester MA 01605

Listing ID73061848

Property TypeMulti Family

Price$475,000 ($212.24/SqFt)

StyleMulti Family

CityWorcester

CountyWorcester

MLS AreaEast Worcester

Neighborhood(s)

Approximate Living Area Total2,238 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking1

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 162 Belmont Street, Worcester MA 01605

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAttic with approx. additional 1063 Sq ft. Buyer an

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$46,800

Total Net Income By Broker$46,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 162 Belmont Street, Worcester MA 01605

Real Estate Taxes$3,794.90

Tax Year2022

Assessed Value$249,500

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$46,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$46,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.55%

Location Information for 162 Belmont Street, Worcester MA 01605

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Worcester

Area AmenitiesHighway Access, Shopping, Medical Facility, Public Transportation

Contact Information for 162 Belmont Street, Worcester MA 01605

Agent

Name: Josephine Hunter Duah

MLS ID: BB810612

Office ID: AN6780

National Association ID: 453012162

Address: 2 Kennedy Lane Unit 1

City: Milford

State: MA

Zip: 01757

Office

Name: NextHome Soundings Realty

MLS Office ID: AN6780

Phone: 508-244-4448

Payment Calculator

$3,243.04 per month

30 Years Fixed, 6.75% Interest

Property Taxes $316.24

Principal & Interest $2,926.80

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

NextHome Soundings Realty

Josephine Hunter Duah

Agent Phone

Office Phone

(508) 244-4448

Text Agent Call Agent Call Office

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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[21] => Array
                (
                    [id] => 7420502
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[22] => Array
                (
                    [id] => 7420503
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[23] => Array
                (
                    [id] => 7420504
                    [name] => MLS24.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[24] => Array
                (
                    [id] => 7420505
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[25] => Array
                (
                    [id] => 7420506
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[26] => Array
                (
                    [id] => 7420507
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[27] => Array
                (
                    [id] => 7420508
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[28] => Array
                (
                    [id] => 7420509
                    [name] => MLS29.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[29] => Array
                (
                    [id] => 7420510
                    [name] => MLS30.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=30
                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[30] => Array
                (
                    [id] => 7420511
                    [name] => MLS31.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=31
                    [index] => 31
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

[31] => Array
                (
                    [id] => 7420512
                    [name] => MLS32.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73061848&w=1024&h=768&n=32
                    [index] => 32
                    [enabled] => 1
                    [created] => 2024-05-07 06:11:20
                    [modified] => 2024-05-07 06:11:20
                )

)

)

EXIT