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22 Russell St, Worcester MA 01609

$730,000

Estimated $1,705/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $243,333.33

Total Rent: 51900/year

Estimated CAP Rate:

10 Bedrooms

Baths

4196

Total Parking: 2

3,485 (0.08)

This fully occupied triple-decker is a great investment opportunity with income potential. Units 2 & 3 have leases and unit 1 is on a month-to-month basis, providing flexibility for new ownership. The property also features 2 car off-street parking. Versital floor plans provide flexibility to tenants. With its strong rental appeal this property is perfect for investors or owner-occupants looking to maximize value. Don’t miss this exceptional opportunity! GROUP SHOWINGS AND OPEN HOUSES ONLY. UNIT 1 WILL ONLY BE SHOWN WITH ACCEPTED OFFER.

This home has been viewed 133 times

Last Checked: January 26th, 2025 at 5:19am (Source: MLS PIN #73324187)

Gross Income: $51,900

Gross Expenses: $6,260

Net Income Calc: $45,640

Water Views

Annual Expenses for 22 Russell St, Worcester MA 01609

Total Gross Expenses (Calculated)$6,260/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6260

Annual Income & Unit Breakdown for 22 Russell St, Worcester MA 01609

Total Gross Income (Calculated)$51,900

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 22 Russell St, Worcester MA 01609

Listing ID73324187

Property TypeMulti Family / 3 Family

Price730000 ($173.98/SqFt)

Style3 Family

CityWorcester

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4196

Approximate Lot Size (Acres)0.08

Total Parking2

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRG-5

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 22 Russell St, Worcester MA 01609

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTenants Personal Belongings.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based OnCompensation Not Offered

Financial Information for 22 Russell St, Worcester MA 01609

Real Estate Taxes6260

Tax Year2024

Assessed Value$455,300

Financial Data Source

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 22 Russell St, Worcester MA 01609

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 22 Russell St, Worcester MA 01609

Agent

Name: Michelle Fanion-Stocks

Office

Name: ERA Key Realty Services- Spenc

Phone: 508-885-6336

Payment Calculator

, Interest

Property Taxes 521.67

Principal & Interest 4498.03

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA Key Realty Services- Spenc

Michelle Fanion-Stocks

Agent Phone

Office Phone

(508) 885-6336

Text Agent Call Agent Call Office

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    [unparsed] => 22 Russell St, Worcester MA 01609
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EXIT

27 More Photos

Withdrawn

22 Russell St, Worcester MA 01609

$730,000

Annual Expenses for 22 Russell St, Worcester MA 01609

Annual Income & Unit Breakdown for 22 Russell St, Worcester MA 01609

General Information for 22 Russell St, Worcester MA 01609

Disclosures for 22 Russell St, Worcester MA 01609

Financial Information for 22 Russell St, Worcester MA 01609

Location Information for 22 Russell St, Worcester MA 01609

Contact Information for 22 Russell St, Worcester MA 01609

Agent

Office

Payment Calculator

Exclusive Listing Agent

ERA Key Realty Services- Spenc

Michelle Fanion-Stocks