Group showing on Sunday 10/06/24 from 2pm to 3pm. Opportunity is knocking! Large 3 Family home on a corner lot, in the heart of Worcester. Withing walking distance to Polar Park, The home of the Woo Sox. Each unit consists of three bedrooms and one bathroom, with an additional storefront on street level. This property boasts new roof, mostly replacement windows, circuit breakers, hardwood floors, off street parking and more. Easy access to 290/146 and all area amenities. Call today Won't last!!
This home has been viewed 50 times
Last Checked: December 14th, 2024 at 5:19am (Source: MLS PIN #73297459)
Gross Income: $58,800
Gross Expenses: $6,411
Net Income Calc: $52,389
CAP Rate: 7.49%
Annual Expenses for 51 Vernon St, Worcester MA 01610
Total Gross Expenses (Calculated)$6,411/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,411.41
Annual Income & Unit Breakdown for 51 Vernon St, Worcester MA 01610
Total Gross Income (Calculated)$58,800
Unit 1
Rental Income$1,500
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,300
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,100
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 51 Vernon St, Worcester MA 01610
Listing ID73297459
Property TypeMulti Family / 3 Family
Price$699,900 ($138.51/SqFt)
Style3 Family - 3 Units Up/down
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total5,053 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking6
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningBL-1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 51 Vernon St, Worcester MA 01610
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$51,600
Total Net Income By Broker$51,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 51 Vernon St, Worcester MA 01610
Real Estate Taxes$6,411.41
Tax Year2023
Assessed Value$447,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$51,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$51,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.49%
Location Information for 51 Vernon St, Worcester MA 01610
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s), Private School, University
Contact Information for 51 Vernon St, Worcester MA 01610