Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 ½ Henchman Street and 8 Moen Street in Worcester, MA (the“Property”). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom...
This home has been viewed 14 times
Last Checked: April 29th, 2025 at 5:08am (Source: MLS PIN #73364161)
Gross Income: $99,924
Gross Expenses: $58,385
Net Income Calc: $41,539
CAP Rate: 1.48%
Annual Expenses for 2 Henchman St, Worcester MA 01605
Total Gross Expenses (Calculated)$58,385/year
APOD AvailableYes
Heating
Electricity$6,001
Water$10,222
Gas$10,222
Insurance$13,000
Sewer$10,222
Trash Removal$3,900
Repair & Maintenance$6,500
Management
Miscellaneous$5,750
Real Estate Tax$13,012
Annual Income & Unit Breakdown for 2 Henchman St, Worcester MA 01605
Total Gross Income (Calculated)$99,924
Unit 1
Rental Income$2,150
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,877
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,150
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$2,150
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 2 Henchman St, Worcester MA 01605
Listing ID73364161
Property TypeMulti Family
Price$2,800,000 ($185.74/SqFt)
Style5+ Family - 5+ Units Side By Side
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total15,075 SqFt
Approximate Lot Size (Acres)0.26 acres
Total Parking3
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRG-5
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 2 Henchman St, Worcester MA 01605
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$69,010
Total Gross Income By Broker$304,704
Total Net Income By Broker$220,459
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 2 Henchman St, Worcester MA 01605
Real Estate Taxes$13,012
Tax Year2025
Assessed Value$986,500
Financial Data SourceOwner
Total Gross Expenses By Broker$69,010
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$304,704
BostonRealEstate.com Gross Income
Total Net Income By Broker$220,459
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.48%
Location Information for 2 Henchman St, Worcester MA 01605
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 2 Henchman St, Worcester MA 01605