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62 William Street, Worcester MA 01609

$3,000,000

Estimated $4,865/month Calculator

Multi Family

Total Units: 19

Price Per Unit: $157,894.74

Total Rent: 239976/year

Estimated CAP Rate:

19 Bedrooms

Baths

6006

Total Parking: 3

7,280 (0.17)

62 William Street is exceptionally located in the heart of Worcester in the desirable Elm Park neighborhood. The brick building features 19 bedrooms with 37 beds across 3 stories. The building is configured for short term rental/dormitory use and is currently 100% leased to Worcester Polytechnic Institute (WPI) through July-2029. 62 Williams Street is part of the WPI Portfolio, a nine (9) building portfolio, and represents a truly rare opportunity to own in one of Worcester's most sought after neighborhoods, minutes from downtown, shopping, restaurants hospitals, the commuter rail and Elm Park.

This home has been viewed 58 times

Last Checked: May 7th, 2024 at 7:06am (Source: MLS PIN #73126486)

Gross Income: $239,976

Gross Expenses: $9

Net Income Calc: $239,967

Annual Expenses for 62 William Street, Worcester MA 01609

Total Gross Expenses (Calculated)$9/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9

Annual Income & Unit Breakdown for 62 William Street, Worcester MA 01609

Total Gross Income (Calculated)$239,976

Unit 1

Rental Income$0

LeaseN

Bedrooms9

Bathrooms9 Full, 9 Half

Floor9

Levels in Unit9

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms9

Bathrooms9 Full, 9 Half

Floor9

Levels in Unit9

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 62 William Street, Worcester MA 01609

Listing ID73126486

Property TypeMulti Family

Price3000000 ($499.5/SqFt)

Style5+ Family - 5+ Units Up/down

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total6006

Approximate Lot Size (Acres)0.17

Total Parking3

Garage Parking0

Year Built1900

Year Built SourceOwner

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning9

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 62 William Street, Worcester MA 01609

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsAll Appliances To Remain.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation0.5

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 62 William Street, Worcester MA 01609

Real Estate Taxes9

Tax Year23

Assessed Value$9

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 62 William Street, Worcester MA 01609

Neighborhood(s)

Area Amenities

Contact Information for 62 William Street, Worcester MA 01609

Agent

Name: Christopher Sower

Office

Name: Cushman & Wakefield

Phone: 617-204-4134

Payment Calculator

, Interest

Property Taxes 0.75

Principal & Interest 18485.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cushman & Wakefield

Christopher Sower

Agent Phone

Office Phone

(617) 204-4134

Text Agent Call Agent Call Office

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    [unparsed] => 62 William Street, Worcester MA 01609
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EXIT

Withdrawn

62 William Street, Worcester MA 01609

$3,000,000

Annual Expenses for 62 William Street, Worcester MA 01609

Annual Income & Unit Breakdown for 62 William Street, Worcester MA 01609

General Information for 62 William Street, Worcester MA 01609

Disclosures for 62 William Street, Worcester MA 01609

Financial Information for 62 William Street, Worcester MA 01609

Location Information for 62 William Street, Worcester MA 01609

Contact Information for 62 William Street, Worcester MA 01609

Agent

Office

Payment Calculator

Exclusive Listing Agent

Cushman & Wakefield

Christopher Sower