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19 King Philip Rd, Worcester MA 01606

$689,900

Estimated $1,742.59/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $229,966.67

Total Rent: 37800/year

Estimated CAP Rate: 4.39%

6 Bedrooms

3 Full Baths

3,060 SqFt

Total Parking: 3

10,153 SqFt

Location, location!!!! Welcome to this exceptional multi-family property, cherished by the same family for over 70 years. This 6+ bedroom, 3 bath home has been meticulously cared for and thoughtfully maintained. Units 1 and 2 have an additional room that is perfect for an office or additional small bedroom. A backyard area that provides outdoor space for gatherings, enhancing the property’s appeal and off-street parking! Whether you’re looking to expand your investment portfolio or enter the real estate market, this property is a smart choice. Prime location near schools, shopping, public transportation and nearby highway access. Don't miss out on this fantastic opportunity to view this multi-family property and explore all its potential. Please see firm remarks and disclosures for more information!

This home has been viewed 51 times

Last Checked: November 8th, 2024 at 5:20am (Source: MLS PIN #73300475)

Gross Income: $37,800

Gross Expenses: $7,487

Net Income Calc: $30,313

CAP Rate: 4.39%

Annual Expenses for 19 King Philip Rd, Worcester MA 01606

Total Gross Expenses (Calculated)$7,487/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,487

Annual Income & Unit Breakdown for 19 King Philip Rd, Worcester MA 01606

Total Gross Income (Calculated)$37,800

Unit 1

Rental Income$850

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 3(water), Unit 2(heat, Water)

Unit 2

Rental Income$1,250

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 3(water), Unit 2(heat, Water)

Unit 3

Rental Income$1,050

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 3(water), Unit 2(heat, Water)

General Information for 19 King Philip Rd, Worcester MA 01606

Listing ID73300475

Property TypeMulti Family / 3 Family

Price$689,900 ($225.46/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS AreaGreendale

Neighborhood(s)

Approximate Living Area Total3,060 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking3

Garage Parking

Year Built1916

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesNo

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 19 King Philip Rd, Worcester MA 01606

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAdditional room in Unit 1 and 2

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$36,600

Total Net Income By Broker$36,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 19 King Philip Rd, Worcester MA 01606

Real Estate Taxes$7,487

Tax Year2024

Assessed Value$544,500

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$36,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$36,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.39%

Location Information for 19 King Philip Rd, Worcester MA 01606

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaGreendale

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University

Contact Information for 19 King Philip Rd, Worcester MA 01606

Agent

Name: Colleen Polletta

Office

Name: Coldwell Banker Realty - Worcester

Phone: 508-795-7500

Payment Calculator

, Interest

Property Taxes 623.92

Principal & Interest 4250.94

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Colleen Polletta

Agent Phone

Office Phone

(508) 795-7500

Text Agent Call Agent Call Office

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EXIT

Withdrawn

19 King Philip Rd, Worcester MA 01606

$689,900

Annual Expenses for 19 King Philip Rd, Worcester MA 01606

Annual Income & Unit Breakdown for 19 King Philip Rd, Worcester MA 01606

General Information for 19 King Philip Rd, Worcester MA 01606

Disclosures for 19 King Philip Rd, Worcester MA 01606

Financial Information for 19 King Philip Rd, Worcester MA 01606

Location Information for 19 King Philip Rd, Worcester MA 01606

Contact Information for 19 King Philip Rd, Worcester MA 01606

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Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Colleen Polletta