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Sold for $1,025,000 on 09/03/24
  • $1,025,000

    9 Mount Vernon St, Worcester, MA 01605

    12beds
    6,222sqft
    5-9 Family
    Built in 1927
    -- sqft lot
    $1,058,700 Zestimate®
    $165/sqft
    $2,348 Estimated rent

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    $2,348/mo

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    $2,348/mo

    Rent Zestimate®

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    $6,612/mo

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    $6,612/mo

    Est. payment

    What's special

    This well-maintained 6-unit property is comprised of six spacious 2-bedroom/1-bathroom units, totaling 6,222 sq ft of living space. Notably, all units are separately metered for heat, hot water, and electricity. A new roof has been recently installed, and all units hold lead certificates. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of nearly $9,900 monthly. The property is centrally located, placing it is less than a mile from WPI and a short drive from all downtown amenities. It is directly across from Grant Square Park, offering 1.7 acres of recreational area. List price is a 7.73 cap rate on current.

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 06:16am

    Listed by:

    Ethan Lazar,

    Horvath & Tremblay,

    Dennis Kelleher

    Bought with:

    Ethan Lazar

    Horvath & Tremblay

    Source: MLS PIN,MLS#: 73214513

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 6,222
    • Total interior livable area: 6,222 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Lot
    • Size: 6,834 sqft
    • Features: Sloped
    Details
    • Parcel number: 1762066
    • Zoning: RG-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Stone
    • Roof: Rubber
    Condition
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Medical Facility, Highway Access, University
    Location
    • Region: Worcester

    HOA & financial

    Other financial information
    • Total actual rent: 9895
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    Estimated market value
    $1,058,700