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!
Sold for $630,000 on 07/31/23
$630,000
7 Mott St, Worcester, MA 01604
9beds
3,981sqft
3 Family - 3 Units Up/Down
Built in 1890
-- sqft lot
$749,300 Zestimate®
$158/sqft
$2,062 Estimated rent
Home value
$749,300
$704,000 - $794,000
$2,062/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 01, 2023 at 09:26am
Listed by:
Michaela Hillier 774-573-0299,
Castinetti Realty Group 508-719-8804,
Shawna Byfield 774-239-7285
Bought with:
Maria Leblanc
Lamacchia Realty, Inc.
Source: MLS PIN,MLS#: 73111491
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- None
Appliances
- Laundry: Washer Hookup, Dryer Hookup, Washer & Dryer Hookup
Features
- Lead Certification Available, Storage, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,981
- Total interior livable area: 3,981 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 4
Lot
- Size: 3,925 sqft
- Features: Level
Details
- Parcel number: M:04 B:034 L:00031,1765433
- Zoning: RG-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Foundation: Stone
Condition
- Year built: 1890
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Private School, Public School, University
Location
- Region: Worcester
HOA & financial
Other financial information
- Total actual rent: 4550
Other
Other facts
- Listing terms: Other (See Remarks)
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2023 | Sold | $630,000-3%$158/sqft |
Source: MLS PIN #73111491 | ||
| 5/15/2023 | Listed for sale | $649,800+124.1%$163/sqft |
Source: MLS PIN #73111491 | ||
| 11/9/2018 | Sold | $290,000+45%$73/sqft |
Source: Public Record | ||
| 10/31/2017 | Sold | $200,000-9.1%$50/sqft |
Source: Public Record | ||
| 9/5/2017 | Listed for sale | $220,000+10.3%$55/sqft |
Source: Roz Real Estate #72222670 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,675 +9.4% | $581,900 +14% |
| 2024 | $7,017 +4.8% | $510,300 +9.3% |
| 2023 | $6,695 +14.7% | $466,900 +21.7% |
Find assessor info on the county website
Neighborhood: 01604
Nearby schools
GreatSchools rating
- 3/10Union Hill SchoolGrades: K-6Distance: 0.2 mi
- 3/10Worcester East Middle SchoolGrades: 7-8Distance: 0.4 mi
- 1/10North High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$749,300
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
$749,300