An amazing opportunity to own a well-maintained, updated 2-family home within walking distance of Clark University ** Perfect for investors and homeowners with one rental unit to help with a mortgage payment ** Updates are new windows on the first floor, 2 full baths, 2 kitchens, and wood/tile floor throughout ** Two new force air furnaces **Lead compliance for both units ** Massave insulation ** Cement block retaining wall ** Beautiful garden ** Humongous and newly paved parking can take up 15 cars** Wall out basement, storage and shred are perfect for a home business **
This home has been viewed 45 times
Last Checked: November 18th, 2024 at 5:19am (Source: MLS PIN #73298581)
Gross Income: $55,200
Gross Expenses: $4,663
Net Income Calc: $50,537
CAP Rate: 8.02%
Annual Expenses for 9 Fern St, Worcester MA 01610
Total Gross Expenses (Calculated)$4,663/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,663
Annual Income & Unit Breakdown for 9 Fern St, Worcester MA 01610
Total Gross Income (Calculated)$55,200
Unit 1
Rental Income$2,300
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,300
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 9 Fern St, Worcester MA 01610
Listing ID73298581
Property TypeMulti Family
Price$630,000 ($307.92/SqFt)
StyleMulti Family
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,046 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking15
Garage Parking
Year Built1914
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRL-7
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 9 Fern 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$52,800
Total Net Income By Broker$52,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 9 Fern St, Worcester MA 01610
Real Estate Taxes$4,663
Tax Year2023
Assessed Value$325,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$52,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$52,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.02%
Location Information for 9 Fern St, Worcester MA 01610
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, University
Contact Information for 9 Fern St, Worcester MA 01610