Overview Property Details Payment Calculator Walkability

Closed

1 West Lake Street, Worcester MA 01604

$430,000

Estimated $1,118.43/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $143,333.33

Total Rent: 64800/year

Estimated CAP Rate: 13.89%

6 Bedrooms

3 Full Baths

3,378 SqFt

Total Parking: 0

2,911 SqFt

Solid up and running three family with recent renovations. Quiet side street in Webster Square area. On street parking. Layout for each apartment is the same and consists of a Kitchen with pantry, living room with separate office or sitting area, dining room, two bedrooms...

This home has been viewed 26 times

Last Checked: May 7th, 2024 at 12:46am (Source: MLS PIN #73066458)

Gross Income: $64,800

Gross Expenses: $5,054

Net Income Calc: $59,746

CAP Rate: 13.89%

Annual Expenses for 1 West Lake Street, Worcester MA 01604

Total Gross Expenses (Calculated)$5,054/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,054.28

Annual Income & Unit Breakdown for 1 West Lake Street, Worcester MA 01604

Total Gross Income (Calculated)$64,800

Unit 1

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 1 West Lake Street, Worcester MA 01604

Listing ID73066458

Property TypeMulti Family / 3 Family

Price$430,000 ($127.29/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,378 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking0

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningRL-7

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 1 West Lake Street, Worcester MA 01604

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$64,800

Total Net Income By Broker$64,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation0.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 1 West Lake Street, Worcester MA 01604

Real Estate Taxes$5,054.28

Tax Year2022

Assessed Value$332,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$64,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$64,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)13.89%

Location Information for 1 West Lake Street, Worcester MA 01604

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Public Transportation, T-station, Pool, University, Sidewalks

Contact Information for 1 West Lake Street, Worcester MA 01604

Agent

Name: Michael C. Deluca

MLS ID: K8000497

Office ID: AN6245

National Association ID: 453004142

Address: 323 Lincoln Street Apt. 2l

City: Worcester

State: MA

Zip: 01605

Office

Name: Coldwell Banker Realty - Worcester

MLS Office ID: AN6245

Phone: 508-795-7500

Payment Calculator

$3,070.71 per month

30 Years Fixed, 6.75% Interest

Property Taxes $421.19

Principal & Interest $2,649.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Michael C. Deluca

Agent Phone

Office Phone

(508) 795-7500

Text Agent Call Agent Call Office

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)

EXIT

Closed

1 West Lake Street, Worcester MA 01604

$430,000

Annual Expenses for 1 West Lake Street, Worcester MA 01604

Annual Income & Unit Breakdown for 1 West Lake Street, Worcester MA 01604

General Information for 1 West Lake Street, Worcester MA 01604

Disclosures for 1 West Lake Street, Worcester MA 01604

Financial Information for 1 West Lake Street, Worcester MA 01604

Location Information for 1 West Lake Street, Worcester MA 01604

Contact Information for 1 West Lake Street, Worcester MA 01604

Agent

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Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Michael C. Deluca