Sold

27 Lafayette St, Worcester, MA

Worcester · MA 01608

$460,000
Price
8
Beds
3
Baths
2697
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 4,393 Sq.Ft Lot
Price per square foot: $204 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

Motivated seller! Three-family with a huge parking lot in the city's most actively developed area. Property is stabilized and currently makes $4600 in rents per month. All units are below market value and the total rent could be $5300. There is additional income from the newly setup coin-op laundry. Pro forma financial statement available upon request. Sits in a very lively neighborhood, short walk to the Polar Park and the Canal District with bars, restaurants and the Worcester Public Market. Off street parking for up to 10 cars. All 3 units have some updates done in the past 2 years. 3 furnaces installed in 2016. Lead certificates for all units. Landlord meter. Unit 3 is TAW. Potential for future expansion with a large walk-up attic. Great opportunity to own a piece of real estate in the city's most thriving and transforming area. Suitable for owner occupants or investors.

Neighborhood & Transit

Green Island

27 Lafayette St, Worcester · MA 01608

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:
1280 days
Listing Price:
$549,900
Price per Sq.Ft:
$204
Tax Assessment:
$425,300 in 2023
Taxes:
$508 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,697 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2697
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
200 Amps

Exterior Features

Lot Size
4,393 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
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
Jason Saphire
Listing office
www.HomeZu.com
MLS PIN #
73106181