RE/MAX Advantage I

31 Freeland St, Worcester, MA 01603

Multi-Family

$429,000
Price

3
Units
4,383
Approx. GLA
Worcester Cash Cow! Property generating $4300/month in rent and the 1% rule met! Each unit features 4 bedrooms, laundry hookups, huge pantry which could easily be converted to a second bathroom, and beautiful hardwood floors throughout. Rents can effortlessly be increased with minor TLC. Brand new roof (2019)
Open House
No scheduled Open Houses
Highlights
List Price: $429,000
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Active
Beds: 12
Baths: 3
Units: 3
Year Built: 1905
Approx. GLA: 4,383
MLS#: 72667308
 
 
Interior
Basement: Yes
Electricity Cost: $120
Electric Features: 110 Volts, Circuit Breakers
Flooring: Hardwood
Rooms: 18
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.11
Lot Size: 4,945.00
Lot Description: Paved Drive
Foundation: Fieldstone
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $331,400
Taxes: $4,469
Tax Year: 2020
Book/Page: 59936/273
Beach
Beach: No
Expenses
Gross Income: $34,800
Gross Expenses: $5,120
Total Rent: $4,300
Net Income: $34,800
Insurance Cost: $2,200
Sewer Cost: $1,400
Water Cost: $1,400
 
 
Additional
Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, University
Disclosure Declaration: No
Disclosure: Tenants are all on TAW agreements
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 4 0 1 1 0 No 1 $1,600
Unit 2 7 4 0 2 1 0 No 1 $1,500
Unit 3 7 4 0 3 1 0 No 1 $1,200
Units Extras
Unit 1
Applicances:  Range, Microwave, Refrigerator, Freezer  Rooms:  Living Room, Dining Room, Kitchen, Family Room, Laundry 
Unit 2
Applicances:  Range, Microwave, Refrigerator, Freezer, Washer, Dryer  Rooms:  Living Room, Dining Room, Kitchen, Family Room, Laundry 
Unit 3
Applicances:  Range, Microwave, Refrigerator, Freezer  Rooms:  Living Room, Dining Room, Kitchen, Family Room, Laundry 
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The listing office is Popular Properties Realty,Inc. and the listing agent is Benjamin Bern. 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.
 
Office
UA-48081509-1