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14 Fairbanks St, Worcester, MA

Worcester · MA 01610

$960,000
Price
12
Beds
6
Baths
5547
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 6 Units
Lot size: 9,687 Sq.Ft Lot
Price per square foot: $167 / Sq.Ft
Parking: 6 Garage Spaces · 6 Off Street Spaces

About this home

Here it is, another great investment opportunity in the city of Worcester! This time it is a 6 family in Vernon Hill. Walking distance to Vernon Hill Park where you'll find baseball fields, a dog park and playground, 5 minutes to I-290, Holy Cross, Polar Park & the Canal District. All units are 2 bed 1 bathroom. All occupied at $1,300/mo and 5 units set to increase to $1,400/mo when leases roll over through out the year. Tenant pays heat, hot water and electric. All utilities are individually metered; electric, gas and hot water. There is a 6 car garage outbuilding at the rear of the property which needs some work but could be a great 2nd income generator! Huge parking lot allows for great first come, first serve off street parking. Common area is abundant with enclosed porches, balconies and front stoop. Coin-op laundry is conveniently located on 1st flr.And to top it all off, gorgeous trees bloom in the spring with pink and purple buds creating a canopy over the front of the house!

Neighborhood & Transit

14 Fairbanks St, Worcester · MA 01610

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1645 days
Listing Price:
$925,000
Price per Sq.Ft:
$167
Tax Assessment:
$431,600 in 2021
Taxes:
$586 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
6
Half Bathrooms
0
Living Area
5,547 Sq.Ft
Broker Disclosure about Living Area
Includes expansion of one unit's kitchen.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Individually Metered

Exterior Features

Lot Size
9,687 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
6 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Maria Troka
Listing office
A & E Realty Company, Inc.
MLS PIN #
72955590
Disclosure
Roof was replaced prior to 2001, seller reports no issues. New windows in basement. Some replacement windows in varying units.
Disclosure
Includes expansion of one unit's kitchen.