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Canceled

50 Houghton Street, Worcester MA 01604

$595,000

Estimated $1,428.71/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $198,333.33

Total Rent: 61200/year

Estimated CAP Rate: 9.35%

8 Bedrooms

4 Full Baths

2,868 SqFt

Total Parking: 7 (1 Garage)

7,405 SqFt

nvestors take notice! 3-Family in a great location with easy access to all major routes, highways and minutes away from Worcester’s own Polar Park and Canal District!! Roof and electrical have been updated within the last 3 years and newly paved driveway was done in the last 2. Detached garage good for 1 car or storage. Good sized fenced in backyard. Units are all currently occupied. Leases on the 2nd and 3rd floor, TAW on the 1st. Sold As Is Where Is.

This home has been viewed 53 times

Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73113007)

Gross Income: $61,200

Gross Expenses: $5,567

Net Income Calc: $55,633

CAP Rate: 9.35%

Annual Expenses for 50 Houghton Street, Worcester MA 01604

Total Gross Expenses (Calculated)$5,567/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,567

Annual Income & Unit Breakdown for 50 Houghton Street, Worcester MA 01604

Total Gross Income (Calculated)$61,200

Unit 1

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,650

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,650

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 50 Houghton Street, Worcester MA 01604

Listing ID73113007

Property TypeMulti Family / 3 Family

Price$595,000 ($207.46/SqFt)

Style3 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,868 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking7 (1 Garage)

Garage Parking1 / Detached

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Easements

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 50 Houghton Street, Worcester MA 01604

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$61,200

Total Net Income By Broker$61,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 50 Houghton Street, Worcester MA 01604

Real Estate Taxes$5,567

Tax Year2023

Assessed Value$388,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$61,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$61,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.35%

Location Information for 50 Houghton Street, Worcester MA 01604

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station, Sidewalks

Contact Information for 50 Houghton Street, Worcester MA 01604

Agent

Name: Ascension Realty Group

Office

Name: Excelsior Realty

Phone: 508-736-2735

Team Members

Name: Selena Dotson

Phone: 774-200-4006

Payment Calculator

, Interest

Property Taxes 463.92

Principal & Interest 3666.2

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Excelsior Realty

Ascension Realty Group

Agent Phone

Office Phone

(508) 736-2735

Text Agent Call Agent Call Office

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[terms] => Array
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EXIT

Canceled

50 Houghton Street, Worcester MA 01604

$595,000

Annual Expenses for 50 Houghton Street, Worcester MA 01604

Annual Income & Unit Breakdown for 50 Houghton Street, Worcester MA 01604

General Information for 50 Houghton Street, Worcester MA 01604

Disclosures for 50 Houghton Street, Worcester MA 01604

Financial Information for 50 Houghton Street, Worcester MA 01604

Location Information for 50 Houghton Street, Worcester MA 01604

Contact Information for 50 Houghton Street, Worcester MA 01604

Agent

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Excelsior Realty

Ascension Realty Group