Colleen Griffin - RE/MAX Vision

71 Esther St, Worcester, MA 01607

Multi-Family

$449,000
Price

5
Units
3,072
Approx. GLA
Amazing price improvement on this 5 unit investment opportunity!!~~ total rental income will be $4,080 as of February 1st 2020. Two buildings on one lot~~All five units are occupied as tenants at will with room to increase the income~~Three unit in front consist of two bedroom per unit with central forced hot air gas heating system for the first floor and gas stoves on remaining two floors. ~~ building in back is a two unit with one/two bedroom in each unit with gas heating and hot water~~Plenty of off street parking~~Large storage shed. City is doing water and sewer lines and street will be repaved~~ located near city park and close to bus line~~ easy highway accesses 146/290/MA Pike.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full
List Price: $449,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 6
Baths: 5
Units: 5
Year Built: 1890
Approx. GLA: 3,072
MLS#: 72583035
Interior
Basement: Yes
Rooms: 20
Lead Paint: Unknown
Total Floors: 5
Exterior
Water: No
Acres: 0.11
Lot Size: 4,975.00
Lot Description: Paved Drive
Foundation: Fieldstone
Parking Spaces: 8
Road Type: Public
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $332,900
Taxes: $5,992
Tax Year: 2019
Book/Page: 18438/199
Beach
Beach: No
Expenses
Gross Income: $4,080
Total Rent: $3,280
Net Income: $48,960
Additional
Amenities: Public Transportation, Highway Access
Disclosure Declaration: No
Disclosure: All info from sources deemed reliable although no warranty is made to the accuracy thereof. Rents are as of February 1st 2020
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 No 3 $850
Unit 2 5 2 0 2 1 0 No 3 $850
Unit 3 5 2 0 3 1 0 No 3 $800
Unit 4 4 1 0 1 1 0 No 2 $830
Units Extras
Unit 1
Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Unit 2
Applicances:  Range, Refrigerator  Heating:  Gas 
Unit 3
Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Unit 4
Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Similar Properties
The listing office is RE/MAX Vision and the listing agent is Richard J. Trifone. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Colleen Griffin
Colleen Griffin
REALTOR
RE/MAX Vision