Well-maintained two-family property in a great commuter location near Rte 290, Rte 9, hospitals, bus line, shopping, restaurants and more. Up/Down 2-family each with two bedrooms, wood floors, separated heat/electric, laundry hookups, decks & plenty of closets for storage. Updates include front steps, new Rinnai heater in partially finished basement and 2 new hot water tanks. Two off street parking spots in driveway and partially fenced in yard. The partially finished heated basement is a bonus with an internal and external entry door that includes a full bathroom, separate water heater & separate owner heat/electric panel. Unfinished portion of basement offers ample space for storage with own entry door. Motivated Seller - House is priced to sell and has been maintained regularly.
This home has been viewed 17 times
Last Updated: April 1st, 2025 at 7:43am
Gross Income: $42,000
Gross Expenses: $5,233
Net Income Calc: $36,767
CAP Rate: 8.08%
Annual Expenses for 43 Paine St, Worcester MA 01605
Total Gross Expenses (Calculated)$5,233/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$5,233
Annual Income & Unit Breakdown for 43 Paine St, Worcester MA 01605
Total Gross Income (Calculated)$42,000
Unit 1
Rental Income2000
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income1500
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 43 Paine St, Worcester MA 01605
Listing ID73340854
Property TypeMulti Family / 2 Family
Price$455,000 ($227.27/SqFt)
Style
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,002 SqFt
Approximate Lot Size (Acres)0.2 acres
Total Parking2
Garage Parking
Year Built1880
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area9
Foundation DescriptionConcrete Perimeter,Other
Accessible Features
Outdoor SpaceDeck, Porch
ZoningRG-5
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 43 Paine St, Worcester MA 01605
Disclosures for 43 Paine St, Worcester MA 01605
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceLimited Information
Total Gross Expenses By Broker$0
Total Gross Income By Broker$18,000
Total Net Income By Broker$37,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 43 Paine St, Worcester MA 01605
Elementary SchoolWawecus
Middle SchoolBurncoat
High SchoolBurncoat
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, Private School, University
Contact Information for 43 Paine St, Worcester MA 01605
