PARKING GALORE! & 100 feet of FRONTAGE! Well Cared For Residential / LIMITED BUSINESS Property nestled in the heart of the West Side with RARE 10+ OFF-STREET Parking spots and an ADDITIONAL Private Driveway to Garage, Rare MIXED USE property currently used as residential...
This home has been viewed 25 times
Last Checked: June 23rd, 2025 at 4:48am (Source: MLS PIN #73392695)
Gross Income: $37,860
Gross Expenses: $18,767
Net Income Calc: $19,093
CAP Rate: 2.18%
Annual Expenses for 346 Lovell St, Worcester MA 01602
Total Gross Expenses (Calculated)$18,767/year
APOD AvailableYes
Heating
Electricity$251
Water$843
Gas$843
Insurance$3,028
Sewer$843
Trash Removal
Repair & Maintenance
Management
Miscellaneous$8,513
Real Estate Tax$6,132.50
Annual Income & Unit Breakdown for 346 Lovell St, Worcester MA 01602
Total Gross Income (Calculated)$37,860
Unit 1
Rental Income$1,125
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)
Unit 2
Rental Income$1,100
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)
Unit 3
Rental Income$930
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)
General Information for 346 Lovell St, Worcester MA 01602
Listing ID73392695
Property TypeMulti Family / 3 Family
Price$875,000 ($325.28/SqFt)
Style3 Family
CityWorcester
CountyWorcester
MLS AreaWest Side
Neighborhood(s)
Approximate Living Area Total2,690 SqFt
Approximate Lot Size (Acres)0.19 acres
Total Parking14 (2 Garage)
Garage Parking2 / Detached
Year Built1920
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 SpaceDeck, Porch
ZoningML-.5
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 346 Lovell St, Worcester MA 01602
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$12,635
Total Gross Income By Broker$37,860
Total Net Income By Broker$25,225
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 346 Lovell St, Worcester MA 01602
Real Estate Taxes$6,132.50
Tax Year2024
Assessed Value$446,000
Financial Data SourceOwner
Total Gross Expenses By Broker$12,635
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$37,860
BostonRealEstate.com Gross Income
Total Net Income By Broker$25,225
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.18%
Location Information for 346 Lovell St, Worcester MA 01602
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaWest Side
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Pool, Private School
Contact Information for 346 Lovell St, Worcester MA 01602