Overview Property Details Payment Calculator Walkability

Canceled

118 - 122 Elm Street, Worcester MA 01609

$2,499,000

Estimated $5,853.20/month Calculator

Multi Family

Total Units: 11

Price Per Unit: $227,181.82

Total Rent: 0/year

Estimated CAP Rate: -0.86%

24 Bedrooms

10 Full Baths

14,276 SqFt

Total Parking: 0

14,880 SqFt

Location, Location, Location, Investors don’t miss this unique opportunity. 3 multifamily building portfolio located just steps away from Elm Park with shopping, restaurants, WPI and more, all within walking distance. Family owned for many years this portfolio consists of (1...

This home has been viewed 24 times

Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73026448)

Gross Income: $0

Gross Expenses: $21,613

Net Income Calc: $21,613

CAP Rate: -0.86%

Annual Expenses for 118 - 122 Elm Street, Worcester MA 01609

Total Gross Expenses (Calculated)$21,613/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$21,613

Annual Income & Unit Breakdown for 118 - 122 Elm Street, Worcester MA 01609

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 118 - 122 Elm Street, Worcester MA 01609

Listing ID73026448

Property TypeMulti Family / 5+ Family

Price$2,499,000 ($175.05/SqFt)

Style5-9 Family

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total14,276 SqFt

Approximate Lot Size (Acres)0.34 acres

Total Parking0

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 118 - 122 Elm Street, Worcester MA 01609

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 118 - 122 Elm Street, Worcester MA 01609

Real Estate Taxes$21,613

Tax Year2022

Assessed Value$1,300,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.86%

Location Information for 118 - 122 Elm Street, Worcester MA 01609

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 118 - 122 Elm Street, Worcester MA 01609

Agent

Name: James Glickman

MLS ID: K9500526

Office ID: AN2432

National Association ID: 453001348

Office

Name: NAI Glickman Kovago & Jacobs

MLS Office ID: AN2432

Phone: 508-753-9100

Payment Calculator

$17,199.12 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,801.08

Principal & Interest $15,398.04

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

NAI Glickman Kovago & Jacobs

James Glickman

Agent Phone

Office Phone

(508) 753-9100

Text Agent Call Agent Call Office

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    [description] => Location, Location, Location, Investors don’t miss this unique opportunity. 3 multifamily building portfolio located just steps away from Elm Park with shopping, restaurants, WPI and more, all within walking distance. Family owned for many years this portfolio consists of (1) 3-family building and (2) - 4 family buildings. Buildings are in great condition with good size apartments making this a great addition to an investment portfolio. Some units have been updated. Mostly long term tenants with plenty of room to raise rents to market.
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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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EXIT

Canceled

118 - 122 Elm Street, Worcester MA 01609

$2,499,000

Annual Expenses for 118 - 122 Elm Street, Worcester MA 01609

Annual Income & Unit Breakdown for 118 - 122 Elm Street, Worcester MA 01609

General Information for 118 - 122 Elm Street, Worcester MA 01609

Disclosures for 118 - 122 Elm Street, Worcester MA 01609

Financial Information for 118 - 122 Elm Street, Worcester MA 01609

Location Information for 118 - 122 Elm Street, Worcester MA 01609

Contact Information for 118 - 122 Elm Street, Worcester MA 01609

Agent

Office

Payment Calculator

Exclusive Listing Agent

NAI Glickman Kovago & Jacobs

James Glickman