RE/MAX Advantage I

49, 53-55 Penn Ave., Worcester, MA 01604

Multi-Family

$625,000
Price

6
Units
7,380
Approx. GLA
6 family fully rented with long term tenants ~ Included with sale is 49 Penn, adjacent vacant lot referred to as parcel 2 in deed ~ Landlord and individual electric meters ~ 5 of 6 gas water heaters are new ~ Individual metered gas heat in each unit, with only one remaining parlor heater ~ Apartments are de-leaded ~ Newer windows ~ Entire building has been lightly remodeled within the last three years ~ Most stoves and refrigerators are landlord owned.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Walk Out, Concrete Floor, Unfinished Basement
List Price: $625,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 12
Baths: 6
Units: 6
Year Built: 1890
Year Round: Yes
Approx. GLA: 7,380
MLS#: 72317927
 
 
Interior
Basement: Yes
Electricity Cost: $360
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 6
Heating Zones: 6
Flooring: Wood, Vinyl, Wall to Wall Carpet
Energy: Insulated Windows
Hot Water: Natural Gas
Rooms: 30
Lead Paint: Certified Treated
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.33
Lot Size: 14,216.00
Lot Description: Easements, Level
Foundation: Fieldstone
Foundation Size: irregular
Parking Spaces: 6
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: green
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Aluminum
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $317,500
Taxes: $6,004
Tax Year: 2018
Book/Page: 51868/69
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $50,700
Gross Expenses: $6,660
Net Income: $44,040
Insurance Cost: $3,000
Water Cost: $3,300
Additional
Disclosure Declaration: No
Disclosure: The two parcels are on one deed.The source of all representations are from seller or a public source; broker has not verified same. It is recommended that buyer independently verify all information. Seller related to Realtor. All info from sources deemed reliable altho no warranty is made as to the
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 Yes 1 $875
Unit 2 5 2 0 1 1 0 Yes 1 $800
Unit 3 5 2 0 2 1 0 Yes 1 $850
Unit 4 5 2 0 2 1 0 Yes 1 $900
Map
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The listing office is RE/MAX Vision and the listing agent is Patricia Carr Murray. 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 11/20/2018 6:05:00 PM.
 
Office
UA-48081509-1