Look into this GREAT 3 unit building opportunity in LEICESTER! Great parking and yard! Located just outside of WORCESTER. Long time tenants would like to stay; Below market rents. Spacious Basement for storage with washer and dryer hook-ups. Two units have washer and dryer hook-ups IN-UNIT. 2 TWO bedroom units and 1 ONE bedroom unit. Young roof. Porch/Deck areas for enjoying some quiet time outdoors. Units themselves are clean & functional. Would make a great owner-occupied purchase for a buyer, or investor/s could add to a portfolio.
This home has been viewed 25 times
Last Checked: May 7th, 2024 at 8:51am (Source: MLS PIN #73115234)
Gross Income: $33,000
Gross Expenses: $4,138
Net Income Calc: $28,862
CAP Rate: 6.56%
Annual Expenses for 1016 Stafford St, Leicester MA 01542
Total Gross Expenses (Calculated)$4,138/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,138
Annual Income & Unit Breakdown for 1016 Stafford St, Leicester MA 01542
Total Gross Income (Calculated)$33,000
Unit 1
Rental Income$900
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$875
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$975
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 1016 Stafford St, Leicester MA 01542
Listing ID73115234
Property TypeMulti Family / 3 Family
Price$439,900 ($169.85/SqFt)
Style3 Family
CityLeicester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,590 SqFt
Approximate Lot Size (Acres)0.44 acres
Total Parking5
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone,Irregular
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1016 Stafford St, Leicester MA 01542
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$33,000
Total Net Income By Broker$33,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensationcall
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 1016 Stafford St, Leicester MA 01542
Real Estate Taxes$4,138
Tax Year2023
Assessed Value$321,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$33,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$33,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.56%
Location Information for 1016 Stafford St, Leicester MA 01542
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 1016 Stafford St, Leicester MA 01542