Three Family in great location within walking distance to WPI. Third floor is vacant, freshly painted, cleaned and ready to go! First and second floor are on leases until 8/31/23, with tenants looking to renew their lease. Each unit has its own deck/porch. There is comm...
This home has been viewed 15 times
Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73082070)
Gross Income: $45,000
Gross Expenses: $7,115
Net Income Calc: $37,885
CAP Rate: 4.89%
Annual Expenses for 30 Somerset St, Worcester MA 01609
Total Gross Expenses (Calculated)$7,115/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,115
Annual Income & Unit Breakdown for 30 Somerset St, Worcester MA 01609
Total Gross Income (Calculated)$45,000
Unit 1
Rental Income$1,850
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,900
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 30 Somerset St, Worcester MA 01609
Listing ID73082070
Property TypeMulti Family / 3 Family
Price$775,000 ($223.34/SqFt)
Style3 Family
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total3,470 SqFt
Approximate Lot Size (Acres)0.14 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 MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRL-7
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 30 Somerset St, Worcester MA 01609
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$45,000
Total Net Income By Broker$45,000
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 30 Somerset St, Worcester MA 01609
Real Estate Taxes$7,115
Tax Year2022
Assessed Value$467,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$45,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$45,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.89%
Location Information for 30 Somerset St, Worcester MA 01609
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Public Transportation, University
Contact Information for 30 Somerset St, Worcester MA 01609