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$515,000
Total Beds: 4 Total Baths: 2
Total Units: 2 SQFT: 2276
LOT size: 0.11 Acres
94 Whitmarsh Ave
Worcester, MA 01606
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Property Description

Great investment property located in the Burncoat neighborhood. Young roof, two new heating systems, replacement windows - very solid house, not much to do other than buy! This property is generating $3500/month between two units; a 6.5% cap rate for a two-family! A quaint backyard and patio with one off-street parking spot in front. Inside each unit comes with two nice-sized bedrooms, one bathroom with shower/tub, a large kitchen with galley pantry, a dining room and a living room. Two enclosed and two open porches on each floor and plenty of closet space and storage in the basement. Each unit has its own washer and dryer in the basement! This property is stabilized/turnkey for an investor or a great option for someone who wants to owner occupy. Either way this property is ready for its next owner! *OFFER DEADLINE MONDAY 5/6 BY 6PM*

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Public School, Public Transportation
  • Basement Features: Full, Interior Access
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans
  • Common Appliances: Dryer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 42000
  • Gross Expenses: 1628
  • Electric Expenses: 200
  • INSC: 1428
  • Net Operating Income: 42000

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Levels: 1

Construction

  • Year Built: 1923
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73223229
  • Last Updated: 05/07/24
  • Terms: Assumable, Seller W/Participate

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Map

Seller's Representative: Amy Stillman, Coldwell Banker Realty - Worcester
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-05-07 10:32:00

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