Address
15/15A King Philip Rd, Worcester, MA
Price
$ 1,500,000
Property Attributes
- MLS#73198708
- TypeMulti-Family
- CountyWORCESTER
- CityWorcester
- Zip01606
- Style3 Family - 3 Units Up/Down
- Year Built1898
- Taxes$ 6446
- Price$ 1,500,000
- Bedrooms12
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage6306
- Lot Size10,019 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Family retiring and selling their portfolio of 2 triple decker properties on one parcel - sold together! 5 of 6 units interiors remodeled. Most units under lease. This is one of those rare opportunities to acquire a cash flowing property! In details unit 1 is the front building and unit 2 is the rear.
| Price History | |
|---|---|
| 2/2/2024 | Listed $1,650,000 |
| 2/20/2024 | 10% - $1,500,000 |
General Features
| Interior Features | Bathroom With Tub & Shower,Living Room,Kitchen |
|---|---|
| Sewer | Public Sewer |
| Utilities | for Electric Oven,for Electric Dryer,Washer Hookup |
| Roof | Shingle |
| Appliances | Range,Refrigerator |
| Zoning | RG-5 |
| Construction Materials | Frame |
| Year Built | 1898 |
| Electric | 220 Volts,Circuit Breakers,100 Amp Service,Individually Metered |
| Property SubType | 3 Family - 3 Units Up/Down |
| Tax Year | 2023 |
| Gross Income | 83232 |
| Community Features | Shopping,Medical Facility,Highway Access,Public School |
| County | Worcester |
| Net Operating Income | 41687 |
| Operating Expense | 41545 |
| Insurance Expense | 5209 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water),Unit 2(Water) |
| Total Rooms | 27 |
| Status | Active |
| Directions | Across King Philip from Gosnold. 2 buildings on 1 lot. |
| City | Worcester |
| Disclosures | See attached P&L |
| Senior Community Y/N | No |
| Total Units | 6 |
| Lot Size Square Feet | 9906 |
| Waterfront Y/N | No |
| Street Name | King Philip Rd |
| Year Built Details | Approximate |
| Tax Annual Amount | 6446 |
| Electric Expense | 1434 |
| Home Warranty Y/N | No |
| Water Sewer Expense | 2183 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 449500 |
| Total Actual Rent | 6936 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Unfinished |
|---|---|
| Flooring | Vinyl,Hardwood,Wood |
| Total Stories | 6 |
| Window Features | Insulated Windows |
| Fireplace Y/N | No |
| Full Baths | 6 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 12 |
| Total Baths | 6 |
Exterior Features
| Lot Features | Level |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.23 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 6306 |
| Lot Size Acres | 0.23 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01606
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
