RE/MAX Advantage I

6-8 Fruit St, Worcester, MA 01609

Multi-Family

$399,900
Price
$420,000
Sale Price

7
Units
5,671
Approx. GLA
Great Cash Flow for this 7 Unit building* 3 Three bedroom units* 4 Two bedroom units* Updated kitchens & Bathrooms* All have lead certs* Low maintenance vinyl exterior* Four long term tenants* 2 year old roof!*Low Expenses* The numbers work!!
Highlights
Sale Price: $420,000
Settled Date: 8/30/2016 12:00:00 AM
Basement Features: Full, Partially Finished, Walk Out
List Price: $399,900
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Sold
Beds: 17
Baths: 7
Units: 7
Year Built: 1890
Year Round: Yes
Approx. GLA: 5,671
MLS#: 71977893
 
Interior
Basement: Yes
Electricity Cost: $600
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 1
Heating Zones: 7
Flooring: Vinyl, Wall to Wall Carpet
Energy: Insulated Windows, Insulated Doors, Storm Doors
Hot Water: Natural Gas, Tank
Rooms: 29
Lead Paint: Certified Treated
Total Floors: 4
UFFI: No
Exterior
Water: No
Acres: 0.11
Lot Size: 5,008.00
Lot Description: Paved Drive
Foundation: Fieldstone
Foundation Size: irreg
Parking Spaces: 3
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Color: White
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range
Exterior: Vinyl
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $234,000
Taxes: $4,696
Tax Year: 2015
Book/Page: 38737/234
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided, Pro. Forma Available
Gross Income: $73,740
Gross Expenses: $18,796
Total Rent: $6,145
Net Income: $54,944
Gas Cost: $3,600
Insurance Cost: $3,600
R&M Cost: $1,800
Sewer Cost: $2,500
Water Cost: $2,000
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 2 1 0 Yes 1 $800
Unit 2 4 2 0 2 1 0 Yes 1 $850
Unit 3 4 2 0 3 1 0 Yes 1 $850
Unit 4 5 3 0 3 1 0 1 $1,070
Units Extras
Unit 1
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Unit Control  Interior:  Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Unit Control  Interior:  Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Unit Control  Interior:  Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Unit Control  Interior:  Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen 
Map
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The listing office is RE/MAX Advantage 1 and the listing agent is David Stead. 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 5/25/2017 2:05:00 PM.
 
Dave Stead
Dave Stead
Realtor, Broker Associate
RE/MAX Advantage I
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