Multi-Unit Investment Opportunity in Prime Location! A rare opportunity to own a large six-unit building with a six-vehicle parking lot and a spacious garage rented separately. This property features a diverse mix of units: (1) studio, (1) one bedroom, (3) two bedroom, and (...
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Last Updated: April 3rd, 2025 at 12:13pm
Gross Income: $37,800
Gross Expenses: $10,547
Net Income Calc: $27,253
CAP Rate: 2.75%
Annual Expenses for 213 Lincoln St, Worcester MA 01605
Total Gross Expenses (Calculated)$10,547/year
APOD AvailableNo
Heating$0
Electricity$240
Water$1,767
Gas$1,767
Insurance$0
Sewer$1,767
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$8,540
Annual Income & Unit Breakdown for 213 Lincoln St, Worcester MA 01605
Total Gross Income (Calculated)$37,800
Unit 1
Rental Income0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)
Unit 2
Rental Income1100
LeaseY
Bedrooms0
Bathrooms
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)
Unit 3
Rental Income1025
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)
Unit 4
Rental Income1025
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)
General Information for 213 Lincoln St, Worcester MA 01605
Listing ID73352657
Property TypeMulti Family / 5+ Family
Price$990,000 ($207.9/SqFt)
Style
CityWorcester
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,762 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking7
Garage Parking1 / Detached
Year Built1873
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningRG-5
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 213 Lincoln St, Worcester MA 01605
Disclosures for 213 Lincoln St, Worcester MA 01605
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$2,007
Total Gross Income By Broker$46,200
Total Net Income By Broker$44,193
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 213 Lincoln St, Worcester MA 01605
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Park, Medical Facility, Public Transportation
Contact Information for 213 Lincoln St, Worcester MA 01605