Johanna Knight
REALTOR®
BEDS7
BATHS3 full
SQUARE FEET3,090
MLS#73597425
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
PRIME WORCESTER 3-FAMILY INVESTMENT OPPORTUNITY! Fully occupied and generating $61,200 in annual gross rental income ($5,100/month)! This income-producing multifamily features 7 bedrooms, 3 full baths, spacious layouts, cosmetic updates, abundant basement storage, an outdoor shed, and a fenced backyard. Lead compliant. Tenants currently utilize a nearby parking lot as an alternative to on-site parking. Ideally located on Belmont Street (Route 9), minutes from UMass Memorial Medical Center, Shrewsbury Street's dining district, downtown Worcester, Union Station, I-290, I-90/Mass Pike, universities, and shopping. An excellent opportunity for investors seeking immediate cash flow and long-term potential. Rear porch was enclosed to gain additional sqft. SHOWINGS BEGIN AT OPEN HOUSE SATURDAY, NOVEMBER 7, 11 AM??1 PM!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Walk-Out Access, Concrete
Cooling: Window Unit(s)
Fenced: Yes
Heating: Steam
Lot Size: 0.11 Acres
Roof Type: Tar/Gravel
Stories: 3.0
Taxes: $7,511
Year Built: 1923
Amenities
Lead Certification Available
Bathroom With Tub & Shower
Living Room
Kitchen
Laundry Room
Balcony/Deck
Balcony
Feature Descriptions
Appliances: Range, Dishwasher, Refrigerator
Building Area Total: 3090
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 3
Dwelling Type: 3 Family
Exclusions: Tenants Currently Utilizing A Nearby Parking Lot Offering An Alternative To On-Site Parking.
Exterior: Frame
Fencing: Fenced/Enclosed
Flooring: Wood, Vinyl, Hardwood
HeatingY/N: 1
Laundry: Washer & Dryer Hookup
Parcel Number: 1778673
Parking Features: Off Street, Common, Other
Parking Total: 0
Patio And Porch: Porch
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
Rooms Total: 15
Sewer: Public Sewer
Special View Info: City View(s)
Units: 3
Utilities: for Electric Range
Water: Public
Window Features: Picture Window
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty - Newton
Agent Name: Diane Basemera
Agency Phone: 617-969-2447
Shown By
Agent Name: Johanna Knight
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 2,236.95 per month $1,424.36 Principal & Interest $625.92 Property Tax $186.67 Homeowner's Insurance
256 Belmont St | MLS# 73597425
This multi-family property located at 256 Belmont St, Worcester, MA 01604 is currently listed for sale with an asking price of $640,000. Search Worcester real estate on johannaknight.masiellogrouprealestate.com today.