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15 Fairfield St, Worcester MA 01602

$899,000

Estimated $2,179.05/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $224,750

Total Rent: 75600/year

Estimated CAP Rate: 7.02%

8 Bedrooms

4 Full Baths

2,940 SqFt

Total Parking: 4

8,890 SqFt

You're going to love this beautifully updated four unit building on Worcester's West Side* Sunsplashed two-bedroom units* Updated kitchens and bathrooms with durable LVP flooring * New High efficiency natural gas condensing boilers* New water heaters* Updated electric* Recent roof* Off-street parking* fully rented with excellent cash flow* group showings begin this weekend! bring your checkbook- this one won't be around for long!

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 9:06am (Source: MLS PIN #73100874)

Gross Income: $75,600

Gross Expenses: $12,477

Net Income Calc: $63,123

CAP Rate: 7.02%

Annual Expenses for 15 Fairfield St, Worcester MA 01602

Total Gross Expenses (Calculated)$12,477/year

APOD AvailableYes

Heating

Electricity$1,084

Water$1,084

Gas$1,084

Insurance$1,653

Sewer$1,084

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,656

Annual Income & Unit Breakdown for 15 Fairfield St, Worcester MA 01602

Total Gross Income (Calculated)$75,600

Unit 1

Rental Income$1,550

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,550

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,550

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$1,650

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 15 Fairfield St, Worcester MA 01602

Listing ID73100874

Property TypeMulti Family / 4 Family

Price$899,000 ($305.78/SqFt)

Style4 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,940 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking4

Garage Parking

Year Built1955

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRL-7

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 15 Fairfield St, Worcester MA 01602

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceAccountant

Total Gross Expenses By Broker$12,270

Total Gross Income By Broker$75,600

Total Net Income By Broker$63,330

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 15 Fairfield St, Worcester MA 01602

Real Estate Taxes$8,656

Tax Year2023

Assessed Value$603,600

Financial Data SourceAccountant

Total Gross Expenses By Broker$12,270

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$75,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$63,330

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.02%

Location Information for 15 Fairfield St, Worcester MA 01602

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation

Contact Information for 15 Fairfield St, Worcester MA 01602

Agent

Name: James Kalogeropoulos

Office

Name: RE/MAX Partners

Phone: 508-635-1600

Payment Calculator

, Interest

Property Taxes 721.33

Principal & Interest 5539.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Partners

James Kalogeropoulos

Agent Phone

Office Phone

(508) 635-1600

Text Agent Call Agent Call Office

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    [laundry_features] => Array
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[pasture_area] => None
    [patio_and_porch] => Array
        (
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[perc_test] => Array
        (
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[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 508-635-8259
    [pool_features] => Array
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    [price_per_unit] => 224750
    [private_pool] => No
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 16
    [senior_community] => No
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[short_sale] => 
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[terms] => Array
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[uffi] => Array
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        )

[utilities] => Array
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[water] => Array
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[water_views_features] => Array
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EXIT

Closed

15 Fairfield St, Worcester MA 01602

$899,000

Annual Expenses for 15 Fairfield St, Worcester MA 01602

Annual Income & Unit Breakdown for 15 Fairfield St, Worcester MA 01602

General Information for 15 Fairfield St, Worcester MA 01602

Disclosures for 15 Fairfield St, Worcester MA 01602

Financial Information for 15 Fairfield St, Worcester MA 01602

Location Information for 15 Fairfield St, Worcester MA 01602

Contact Information for 15 Fairfield St, Worcester MA 01602

Agent

Office

Payment Calculator

Exclusive Listing Agent

RE/MAX Partners

James Kalogeropoulos