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8 Cottage St

Worcester, MA 01609
  • $599,900
  • STATUS: Active
  • MLS #: 72902503
UPDATED: 60 min ago
$599,900
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,117
    SQFT
  • $146
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Ratings & Info

Listing courtesy of Nicholas Ceppi of Park Place Realty Enterprises.

Description

INVESTORS TAKE NOTICE! Rare opportunity to own a legal 4 unit multi-family situated in one of Worcester's best location for investors! Subject property is only a few minutes walk to WPI & MCPHS collage. Rent rollos are at market rate not current. Lots of updated have been done!!! This property has the potently to bring in $6k a month in rent roll. Hot water tanks have been replaced replaced. Brand new electrical Panels. Attached is all of the additional work that has been completed. This property has over $40k in work. New 300 series windows for unit 1 & 2. New dishwasher in Unit 2. Unit 1 is fully furnished with 4 Smart TVs, beds, washer & dryer, fridge, stove tables ect. Property manager can assist in rentals with a new owner. Rare legal 4 unit multi! Close to major college's!!

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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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-11-28T20:07:37.04.
www.parrottrealtygroup.com/homes/121938629
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8 Cottage St Worcester, MA 01609

  • Price: $599,900
  • Status: Active
  • On Site: Days
  • Updated: 60 min ago
  • MLS #: 72902503
0
Beds
0
Baths
0
½ Baths
0.07
Acres
4,117
SQFT
$146
$/SQFT
1890
Built
Neighborhood:
Other
County:
Worcester
Area:
Other
Property Description
INVESTORS TAKE NOTICE! Rare opportunity to own a legal 4 unit multi-family situated in one of Worcester's best location for investors! Subject property is only a few minutes walk to WPI & MCPHS collage. Rent rollos are at market rate not current. Lots of updated have been done!!! This property has the potently to bring in $6k a month in rent roll. Hot water tanks have been replaced replaced. Brand new electrical Panels. Attached is all of the additional work that has been completed. This property has over $40k in work. New 300 series windows for unit 1 & 2. New dishwasher in Unit 2. Unit 1 is fully furnished with 4 Smart TVs, beds, washer & dryer, fridge, stove tables ect. Property manager can assist in rentals with a new owner. Rare legal 4 unit multi! Close to major college's!!
Exterior Features

Beachfront No Exterior Wood Exterior Features Porch - EnclosedDeck - Wood Foundation Granite Foundation Size 3000 Lot Description Other (See Remarks) Parking Features Other (See Remarks) Parking Spaces 4 Road Type Public Roof Material Rubber Waterfront Flag No

Interior Features

Basement Yes Basement Features FullUnfinished Basement Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 1 Bedrooms Unit4 1 Energy Features Insulated Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring WoodVinyl Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Floors Unit4 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Hot Water Natural GasElectric Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 22 Rooms Unit1 7 Rooms Unit2 7 Rooms Unit3 4 Rooms Unit4 4

Property Features

Amenities Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityHighway AccessPrivate SchoolPublic SchoolT-StationUniversity Apod Available No Assessments 325700.00 Disclosure Yes Disclosures Rent Roll is Market Rates Not All Current. Unit 3R Has A Taw Lease Paying $1100/Month Unit 3L is in A Process Of Eviction. Unit 1 & 2 Will Be Delivered Vacant. Electric Features Circuit Breakers Gross Operating Income 72000 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 Y Lender Owned Undisclosed Multifamily Type 4 Family Net Operating Income 72000 Rent Unit1 1850 Rent Unit2 1850 Rent Unit3 1200 Rent Unit4 1100 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Unit 1 is A 3BrUnit 2 is A #Br & 3 Floor Has Two Separate 1 Br Apartments 3L & 3R Sq Ft Source Public Record Tax Year 2021 Taxes 5536.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning Rg-5

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Nicholas Ceppi of Park Place Realty Enterprises.


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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-11-28T20:07:37.04.
 
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Listing courtesy of Nicholas Ceppi of Park Place Realty Enterprises.