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5 Benefit Ter, Worcester MA 01610

$485,000

Estimated $1,229/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $161,666.67

Total Rent: 42600/year

Estimated CAP Rate:

8 Bedrooms

Baths

3293

Total Parking: 0

0 (0.00)

Welcome to this great investment opportunity in the up-and-coming city of Worcester. All units are spacious with good lighting. There have also been some updates. The Previous owner replaced roof and siding and some electrical updates approximately 10 years ago. Solar panels recently installed. They are in the process of being connected to all three units as well as the common area. The already low market rents could be increased significantly with electricity included. All three units are full of long- term tenants. All Tenants at will who pay on time creating a nice cash flow right from the start. All three units have lead certificates that indicate compliance. Close to Kelley Square and Major highways. Open house -group showing 5/27 11am-1230 pm.

This home has been viewed 39 times

Last Checked: May 7th, 2024 at 7:36am (Source: MLS PIN #73115541)

Gross Income: $42,600

Gross Expenses: $5,307

Net Income Calc: $37,293

Annual Expenses for 5 Benefit Ter, Worcester MA 01610

Total Gross Expenses (Calculated)$5,307/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5307

Annual Income & Unit Breakdown for 5 Benefit Ter, Worcester MA 01610

Total Gross Income (Calculated)$42,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 5 Benefit Ter, Worcester MA 01610

Listing ID73115541

Property TypeMulti Family / 3 Family

Price485000 ($147.28/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3293

Approximate Lot Size (Acres)0

Total Parking0

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 5 Benefit Ter, Worcester MA 01610

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher And Dryer Excluded. Curtain Rods In Primary Belong To Stager.

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 Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 5 Benefit Ter, Worcester MA 01610

Real Estate Taxes5307

Tax Year2023

Assessed Value$370,100

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 5 Benefit Ter, Worcester MA 01610

Neighborhood(s)

Area Amenities

Contact Information for 5 Benefit Ter, Worcester MA 01610

Agent

Name: Peter Michals

Office

Name: Realty One Group Nest

Phone: 978-255-4394

Payment Calculator

, Interest

Property Taxes 442.25

Principal & Interest 2988.42

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Realty One Group Nest

Peter Michals

Agent Phone

Office Phone

(978) 255-4394

Text Agent Call Agent Call Office

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EXIT

38 More Photos

Closed

5 Benefit Ter, Worcester MA 01610

$485,000

Annual Expenses for 5 Benefit Ter, Worcester MA 01610

Annual Income & Unit Breakdown for 5 Benefit Ter, Worcester MA 01610

General Information for 5 Benefit Ter, Worcester MA 01610

Disclosures for 5 Benefit Ter, Worcester MA 01610

Financial Information for 5 Benefit Ter, Worcester MA 01610

Location Information for 5 Benefit Ter, Worcester MA 01610

Contact Information for 5 Benefit Ter, Worcester MA 01610

Agent

Office

Payment Calculator

Exclusive Listing Agent

Realty One Group Nest

Peter Michals