Investment property opportunity in Mill St. area of Worcester! One unit will be vacant 8/1 for owner occupants. Located on a nice corner lot ,close to Worcester State, Clark University, Holy Cross and The Worcester Airport! Enjoy views of Coes Reservoir; walk to Coes Pond Beach! Minutes from RT 9, & I-290. 4 units total, two 1 bedroom units and two 2 bedroom units. Unit 1R on the 1st floor has been completely renovated, all new vinyl flooring, granite counters, new lighting, walls and ceiling as well as electrical devices. Unit 1L has updated flooring. Individually metered units. Completely new, large paved driveway with parking lot space for 6 cars. Updates include : new roof, some new siding and fascia, separate meter electrical and exterior lighting. The porches and deck have been replaced. This property is turn key! One unit will be vacant for 8/1.
This listing has been viewed 36 times in the past 128 days
Last Updated: June 7th, 2024 at 6:33am
Conservation Area
Highway Access
House Of Worship
Public School
Shopping
Park
Medical Facility
Public Transportation
University
General Information for 115 Lakewood St, Worcester, Massachusetts 01603
Property TypeResidential Income
Property Sub TypeMulti Family
Price$789,900
Price per sqft$305.10
MLS #73235781
Handicap Access / FeaturesNo
List Date2024-05-09
Special Listing Conditions
StateMassachusetts
Street NameLakewood St
CityWorcester
Zip Code01603
CountyWorcester
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2589
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress115 Lakewood St, Worcester MA 01603
Zoning
Interior Features for 115 Lakewood St, Worcester, Massachusetts 01603
* Approx. Living Area Total2,589 sq ft
Living Area Includes BasementNo
Bedrooms6
* # Fireplaces0
Bathrooms (Total)4
Full Baths4
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_21
MLSPIN_BEDRMS_31
MLSPIN_BEDRMS_42
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate
Exterior Features for 115 Lakewood St, Worcester, Massachusetts 01603
* Approximate Lot Size0.2 acres
Covered Parking Spaces0
Lot FeaturesCorner Lot
* Parking Spaces6
* Sewer Utilities
* Water Utilities
* Year Built1870
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsStone,Irregular
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)8,921 Sqft
Disclosures for 115 Lakewood St, Worcester, Massachusetts 01603
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation2
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 115 Lakewood St, Worcester, Massachusetts 01603
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$56,400
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT11600
MLSPIN_RENT21200
MLSPIN_RENT3900
MLSPIN_RENT41400
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$56,400
OperatingExpense$0
OriginalListPrice$799,900
RENT_FEE_INCLUDESUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
TOTAL_RENT5100
WaterSewerExpense$0
Lifestyle Information for 115 Lakewood St, Worcester, Massachusetts 01603
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features0 To 1/10 Mile To Beach, Beach Front, Beach Ownership(public), Lake/pond
Location information for 115 Lakewood St, Worcester, Massachusetts 01603
Elementary School
Middle School
High School
NumberOfUnitsTotal4
Marketing History for 115 Lakewood St, Worcester, Massachusetts 01603
MLSPIN_MARKET_TIME_BROKER28
MLSPIN_MARKET_TIME_PROPERTY28
PurchaseContractDate
Agent Information for 115 Lakewood St, Worcester, Massachusetts 01603