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Closed

104-106 Lakewood Street, Worcester MA 01603

$640,000

Estimated $1,795.84/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $213,333.33

Total Rent: 53400/year

Estimated CAP Rate: 6.92%

9 Bedrooms

3 Full Baths

4,383 SqFt

Total Parking: 2

4,437 SqFt

Location! Location! Location! Wonderful 3 Family located within walking distance to Coes Park!( playground, nature trails, beach etc) Inside you will find three spacious apartments! All 3 units are nicely appointed with ample space and storage! Each unit features a fully applianced kitchen, living room, dining area, full bathroom and their very own private laundry! Lots of Hardwoods. Unit one has an updated kitchen and bath. Updated electric, newer roof and decks. **SELLERS RESERVES THE RIGHT TO ACCEPT OFFERS PRIOR TO OPEN HOUSES.

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 7:36am (Source: MLS PIN #73109095)

Gross Income: $53,400

Gross Expenses: $9,097

Net Income Calc: $44,303

CAP Rate: 6.92%

Annual Expenses for 104-106 Lakewood Street, Worcester MA 01603

Total Gross Expenses (Calculated)$9,097/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,097

Annual Income & Unit Breakdown for 104-106 Lakewood Street, Worcester MA 01603

Total Gross Income (Calculated)$53,400

Unit 1

Rental Income$1,550

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(hot Water), Unit 2(hot Water), Unit 3(hot Water)

Unit 2

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(hot Water), Unit 2(hot Water), Unit 3(hot Water)

Unit 3

Rental Income$1,400

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(hot Water), Unit 2(hot Water), Unit 3(hot Water)

General Information for 104-106 Lakewood Street, Worcester MA 01603

Listing ID73109095

Property TypeMulti Family / 3 Family

Price$640,000 ($146.02/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,383 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking2

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRES

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 104-106 Lakewood Street, Worcester MA 01603

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$53,400

Total Net Income By Broker$53,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2ns

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 104-106 Lakewood Street, Worcester MA 01603

Real Estate Taxes$9,097

Tax Year2023

Assessed Value$634,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$53,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$53,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.92%

Location Information for 104-106 Lakewood Street, Worcester MA 01603

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 104-106 Lakewood Street, Worcester MA 01603

Agent

Name: Tony Lanni

Office

Name: RE/MAX Preferred

Phone: 401-353-2200

Payment Calculator

, Interest

Property Taxes 758.08

Principal & Interest 3943.48

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Preferred

Tony Lanni

Agent Phone

Office Phone

(401) 353-2200

Text Agent Call Agent Call Office

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EXIT

Closed

104-106 Lakewood Street, Worcester MA 01603

$640,000

Annual Expenses for 104-106 Lakewood Street, Worcester MA 01603

Annual Income & Unit Breakdown for 104-106 Lakewood Street, Worcester MA 01603

General Information for 104-106 Lakewood Street, Worcester MA 01603

Disclosures for 104-106 Lakewood Street, Worcester MA 01603

Financial Information for 104-106 Lakewood Street, Worcester MA 01603

Location Information for 104-106 Lakewood Street, Worcester MA 01603

Contact Information for 104-106 Lakewood Street, Worcester MA 01603

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