Welcome to this incredible multi-family investment opportunity. Being just steps outside of Kelley Square and Downtown Worcester, the location of this property is everything. This area of Worcester is one of the fastest developing in Massachusetts. Hundreds of residential re...
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Last Checked: October 7th, 2024 at 4:14pm (Source: MLS PIN #73223598)
Gross Income: $81,000
Gross Expenses: $8,474
Net Income Calc: $72,526
CAP Rate: 6.59%
Annual Expenses for 19 Ward Street, Worcester MA 01610
Total Gross Expenses (Calculated)$8,474/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,474
Annual Income & Unit Breakdown for 19 Ward Street, Worcester MA 01610
Total Gross Income (Calculated)$81,000
Unit 1
Rental Income$1,800
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 2
Rental Income$1,800
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 3
Rental Income$1,750
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 4
Rental Income$1,400
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
General Information for 19 Ward Street, Worcester MA 01610
Listing ID73223598
Property TypeMulti Family / 5+ Family
Price$1,100,000 ($206.15/SqFt)
Style5-9 Family
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total5,336 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
Zoningmulti fam
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 19 Ward Street, Worcester MA 01610
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated, Owner
Total Gross Expenses By Broker$25,453
Total Gross Income By Broker$112,200
Total Net Income By Broker$86,747
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation1%%
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 19 Ward Street, Worcester MA 01610
Real Estate Taxes$8,474
Tax Year2023
Assessed Value$598,400
Financial Data SourceEstimated, Owner
Total Gross Expenses By Broker$25,453
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$112,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$86,747
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.59%
Location Information for 19 Ward Street, Worcester MA 01610
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station, University
Contact Information for 19 Ward Street, Worcester MA 01610