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Canceled

26 Derby Street, Worcester MA 01604

$725,000

Estimated $1,881.75/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $241,666.67

Total Rent: 67200/year

Estimated CAP Rate: 8.10%

9 Bedrooms

3 Full Baths

4,155 SqFt

Total Parking: 0

5,000 SqFt

Presenting this spacious updated 3-family in Grafton Hill. Each unit has a private entry hall which leads to an open living and dining room with newly refinished hardwood floors, bespoke wall sconces and elegant curved archway with built-ins. French doors lead to the sunroom which features walls of windows. The second and third floor units include an additional 3 season front porch. Each unit has oversized kitchens that contain a vintage dining nook with built in table and bench seating that include washer & dryer hookups, gas stoves & refrigerators. Recent building updates include a full renovation of U1 including the BA. Another update is the gas boilers and h/w heaters, vinyl siding and replacement windows create a low maintenance exterior. The private backyard offers ample space for cookouts & play area. Turnkey with long-term tenants offer instant cash flow for an owner occupant or investor. Building Sold "as is". Each unit has a letter of lead inspection compliance.

This home has been viewed 34 times

Last Checked: November 14th, 2024 at 5:19am (Source: MLS PIN #73289367)

Gross Income: $67,200

Gross Expenses: $8,474

Net Income Calc: $58,726

CAP Rate: 8.10%

Annual Expenses for 26 Derby Street, Worcester MA 01604

Total Gross Expenses (Calculated)$8,474/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,474

Annual Income & Unit Breakdown for 26 Derby Street, Worcester MA 01604

Total Gross Income (Calculated)$67,200

Unit 1

Rental Income$2,300

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$1,650

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 3

Rental Income$1,650

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 26 Derby Street, Worcester MA 01604

Listing ID73289367

Property TypeMulti Family / 3 Family

Price$725,000 ($174.49/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,155 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking0

Garage Parking

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 26 Derby Street, Worcester MA 01604

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureSquare footage is approximate.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$67,200

Total Net Income By Broker$67,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnCompensation Offered But Not In Mls

Financial Information for 26 Derby Street, Worcester MA 01604

Real Estate Taxes$8,474

Tax Year2024

Assessed Value$616,300

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$67,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$67,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.10%

Location Information for 26 Derby Street, Worcester MA 01604

Elementary SchoolRice Square

Middle SchoolWor East Middle

High SchoolNorth Hs

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Golf, Medical Facility, Public Transportation, University

Contact Information for 26 Derby Street, Worcester MA 01604

Agent

Name: Kimberly N. Bagni

Office

Name: Chinatti Realty Group, Inc.

Phone: 978-320-3377

Payment Calculator

, Interest

Property Taxes 706.17

Principal & Interest 4467.22

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Chinatti Realty Group, Inc.

Kimberly N. Bagni

Agent Phone

Office Phone

(978) 320-3377

Text Agent Call Agent Call Office

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[perc_test] => Array
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[uffi] => Array
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EXIT

Canceled

26 Derby Street, Worcester MA 01604

$725,000

Annual Expenses for 26 Derby Street, Worcester MA 01604

Annual Income & Unit Breakdown for 26 Derby Street, Worcester MA 01604

General Information for 26 Derby Street, Worcester MA 01604

Disclosures for 26 Derby Street, Worcester MA 01604

Financial Information for 26 Derby Street, Worcester MA 01604

Location Information for 26 Derby Street, Worcester MA 01604

Contact Information for 26 Derby Street, Worcester MA 01604

Agent

Office

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Exclusive Listing Agent

Chinatti Realty Group, Inc.

Kimberly N. Bagni