Sold

5 Benefit Terrace, Worcester, MA

Worcester · MA 01610

$505,000
Price
8
Beds
3
Baths
3293
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 0 Sq.Ft Lot
Price per square foot: $147 / Sq.Ft
Parking: No Parking

About this home

Welcome to this great investment opportunity in the up-and-coming city of Worcester. All units are spacious with good lighting. There have also been some updates. The Previous owner replaced roof and siding and some electrical updates approximately 10 years ago. Solar panels recently installed. They are in the process of being connected to all three units as well as the common area. The already low market rents could be increased significantly with electricity included. All three units are full of long- term tenants. All Tenants at will who pay on time creating a nice cash flow right from the start. All three units have lead certificates that indicate compliance. Close to Kelley Square and Major highways. Open house -group showing 5/27 11am-1230 pm.

Neighborhood & Transit

5 Benefit Terrace, 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:
1259 days
Listing Price:
$485,000
Price per Sq.Ft:
$147
Tax Assessment:
$370,100 in 2023
Taxes:
$442 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,293 Sq.Ft
Broker Disclosure about Living Area
All measurements are approximate buyers to do their own due diligence.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3293
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

Exterior Features

Lot Size
0 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

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
Peter Michals
Listing office
Realty One Group Nest
MLS PIN #
73115541
Disclosure
Solar panels are leased and must be transferred over to the new owner. All lead certs are worded differently for each unit please review. They all indicate compliance with the CLPPP. All in unit appliances are Tenant owned.
Disclosure
All measurements are approximate buyers to do their own due diligence.