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637 Southbridge St, Worcester MA 01610

$439,900

Estimated $1,299/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $146,633.33

Total Rent: 31920/year

Estimated CAP Rate:

4 Bedrooms

Baths

3068

Total Parking: 5

6,791 (0.16)

Investors take notice solid 3 unit multifamily located close to shopping, Colleges, Polar Park, Routes 290, 146 and 20. First floor kitchen and bath was remodeled in 2019 and features stainless applainces, good sized living room, dining room, 2 bedrooms, two fireplaces, steam heat and baseboards. The second floor has two units each with 1 bedroom, remodeled baths and parlor gas heating. All the units have hardwood floors throughout and wall to wall in some bedrooms, but with hardwood underneath. Tenant at will for all three units with rents below market value due to longevity. There are seperate utilities, off street parking, updated electrical with landlord meter for common areas, roof approximately 10 years old, water tanks are 2016, 2017 and 2021, and laundry hook-ups in each unit. Porchs were remodeled last year with maintenance free decking and vinyl railings. SHOWINGS: First showings at APPOINTMENT ONLY buyer agent accompanied showings Wednesday, June 21 from 4:00 to 6:00 P.M

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 9:16am (Source: MLS PIN #73126522)

Gross Income: $31,920

Gross Expenses: $7,031

Net Income Calc: $24,889

Annual Expenses for 637 Southbridge St, Worcester MA 01610

Total Gross Expenses (Calculated)$7,031/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7031

Annual Income & Unit Breakdown for 637 Southbridge St, Worcester MA 01610

Total Gross Income (Calculated)$31,920

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 637 Southbridge St, Worcester MA 01610

Listing ID73126522

Property TypeMulti Family / 3 Family

Price439900 ($143.38/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3068

Approximate Lot Size (Acres)0.16

Total Parking5

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 637 Southbridge St, Worcester MA 01610

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer Negotiable

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 Compensation0

Compensation Based OnNet Sale Price

Financial Information for 637 Southbridge St, Worcester MA 01610

Real Estate Taxes7031

Tax Year2023

Assessed Value$490,300

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 637 Southbridge St, Worcester MA 01610

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 637 Southbridge St, Worcester MA 01610

Agent

Name: Jayne Diliberto Porter

Office

Name: A. J. Homes

Phone: 774-535-2922

Payment Calculator

, Interest

Property Taxes 585.92

Principal & Interest 2710.52

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

A. J. Homes

Jayne Diliberto Porter

Agent Phone

Office Phone

(774) 535-2922

Text Agent Call Agent Call Office

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EXIT

35 More Photos

Closed

637 Southbridge St, Worcester MA 01610

$439,900

Annual Expenses for 637 Southbridge St, Worcester MA 01610

Annual Income & Unit Breakdown for 637 Southbridge St, Worcester MA 01610

General Information for 637 Southbridge St, Worcester MA 01610

Disclosures for 637 Southbridge St, Worcester MA 01610

Financial Information for 637 Southbridge St, Worcester MA 01610

Location Information for 637 Southbridge St, Worcester MA 01610

Contact Information for 637 Southbridge St, Worcester MA 01610

Agent

Office

Payment Calculator

Exclusive Listing Agent

A. J. Homes

Jayne Diliberto Porter