Are you searching for a lucrative investment opportunity in a sought-after neighborhood? Look no further than this remarkable two-family townhouse property, ideally located within minutes of mass transit, shopping plazas, restaurants, and much more. With its side-by-side townhouse style, spacious living areas, and the potential for additional rental income, this property presents an enticing proposition for savvy investors. Don't miss out on the chance to acquire this gem and secure long-term financial growth. The property itself is a picture of elegance and functionality. With its side-by-side townhouse design, each unit maintains its privacy and individuality, ensuring maximum comfort for the occupants. Each unit features a basement and a garage, providing ample storage space and a designated parking area for residents. The basement in Unit B is partially finished, offering additional flexibility for various purposes such as a home office, recreational area, or an extra bedroom.
This home has been viewed 31 times
Last Checked: May 7th, 2024 at 9:11am (Source: MLS PIN #73127923)
Gross Income: $33,600
Gross Expenses: $6,209
Net Income Calc: $27,391
CAP Rate: 5.77%
Annual Expenses for 30 Boston Ave, Worcester MA 01604
Total Gross Expenses (Calculated)$6,209/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,209
Annual Income & Unit Breakdown for 30 Boston Ave, Worcester MA 01604
Total Gross Income (Calculated)$33,600
Unit 1
Rental Income$1,200
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$1,600
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 30 Boston Ave, Worcester MA 01604
Listing ID73127923
Property TypeMulti Family / 2 Family
Price$475,000 ($268.67/SqFt)
Style2 Family - 2 Units Side By Side
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total1,768 SqFt
Approximate Lot Size (Acres)0.2 acres
Total Parking4
Garage Parking
Year Built1984
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesSloped, Easements
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRL-7
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 30 Boston Ave, Worcester MA 01604
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureAdditional space in unfinished basement - unit A a
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$33,600
Total Net Income By Broker$33,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 30 Boston Ave, Worcester MA 01604
Real Estate Taxes$6,209
Tax Year2023
Assessed Value$433,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$33,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$33,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.77%
Location Information for 30 Boston Ave, Worcester MA 01604
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Park, Medical Facility, Laundromat, Public Transportation, Tennis Court(s), University
Contact Information for 30 Boston Ave, Worcester MA 01604