Rare 7-unit building opportunity, constructed in 1988. The property consists of seven individually deeded condominium units in one building. There are six 2Br units, and a 3Br penthouse unit; all of the units feature two full bathrooms. Units with two full bathrooms are not common in the Worcester market. The three bedroom unit features vaulted ceilings. Several of the units feature remodeled kitchens with granite countertops. Hot water is separate to each unit. Six units are heated by a common oil fired boiler, one unit is heated with electric baseboard. Plenty of off street parking. Located in close proximity to UMASS Memorial Hospital, and highway access.
This home has been viewed 65 times
Last Checked: May 8th, 2024 at 1:31am (Source: MLS PIN #73158727)
Gross Income: $84,000
Gross Expenses: $32,005
Net Income Calc: $51,995
Water Views
Annual Expenses for 18 Windsor Street, Worcester MA 01605
Total Gross Expenses (Calculated)$32,005/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11224
Annual Income & Unit Breakdown for 18 Windsor Street, Worcester MA 01605
Total Gross Income (Calculated)$84,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 18 Windsor Street, Worcester MA 01605
Listing ID73158727
Property TypeMulti Family / 5+ Family
Price1700000 ($236.44/SqFt)
Style5-9 Family
CityWorcester
CountyWorcester
Neighborhood(s)
Approximate Living Area Total7190
Approximate Lot Size (Acres)0.22
Total Parking7
Garage Parking0
Year Built1988
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRG-5
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 18 Windsor Street, Worcester MA 01605
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsStacked Washer And Dryer In Unit 2 Belong To Tenants.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Compensation Based OnNet Sale Price
Financial Information for 18 Windsor Street, Worcester MA 01605
Real Estate Taxes11224
Tax Year2023
Assessed Value$782,800
Financial Data SourceEstimated
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 18 Windsor Street, Worcester MA 01605
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 18 Windsor Street, Worcester MA 01605