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.
Sold
$460,000
27 Lafayette St, Worcester, MA 01608
8beds
2,697sqft
3 Family - 3 Units Up/Down
Built in 1890
-- sqft lot
$606,300 Zestimate®
$171/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2023 at 10:42pm
Listed by:
Jason Saphire,
www.HomeZu.com
Bought with:
Nichole Hunter
Chinatti Realty Group, Inc.
Source: MLS PIN,MLS#: 73106181
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Dirt Floor
- Has fireplace: No
Interior area
- Total structure area: 2,697
- Total interior livable area: 2,697 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Lot
- Size: 4,393 sqft
Details
- Parcel number: 1765979
- Zoning: BG-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Green energy
- Energy efficient items: Other (See Remarks)
Community & neighborhood
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 4600
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$606,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$606,300