Sold

7 Mott St, Worcester, MA

Worcester · MA 01604

$630,000
Price
9
Beds
3
Baths
3981
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 3,925 Sq.Ft Lot
Price per square foot: $163 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

OPEN HOUSE SATURDAY June 3rd from 2:30-4pm. Welcome to 7 Mott St-- the turn key investment you have been waiting for!This classic triple decker features three very spacious and bright 3 bedroom apartments. All units have their own storage, washer /dryer hook ups, plus there is driveway parking-- all things long term tenants are looking for! Tenant retention = cash flow! Lead certs in hand for apartments 1 and 2. All separately metered gas and electric services with an owner's panel. Long term tenants with room for growth on the rents. Potential rental income of $6000/m! Potential to convert to 4 bedroom units for additional income. Very close to the fun at Polar Park and Rt 290 for an easy commute. The small lot and consistent maintenance throughout current ownership minimizes operational expenses. This building is professionally managed and runs like clockwork. Rent rolls and trailing 12 financials are available upon request. Y2D financials running at a 29% expense ratio!

Neighborhood & Transit

7 Mott St, Worcester · MA 01604

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:
1267 days
Listing Price:
$649,800
Price per Sq.Ft:
$163
Tax Assessment:
$466,900 in 2023
Taxes:
$558 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,981 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3981
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts

Exterior Features

Lot Size
3,925 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Michaela Hillier
Listing office
Castinetti Realty Group
MLS PIN #
73111491
Disclosure
Seller is a licensed agent. Listing agent is the property manager for the building.