This Property is No Longer Available
79 Eastern Ave, Worcester, MA 01605
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$600,000
*Sale Price
3 Unit
8 Beds
3 Baths
3009 SQFT
0.16 Acre

Property Description

Seller Relocation becomes Investor Opportunity. Renovated 3 family in prime location is now on the market for $609,900. This property could generate over $60k in gross income when fully rented, the second floor is currently vacant per seller for easy showings. Live for free or collect the monthly additional income. Each unit has been fully re-painted and now includes additional storage in each main bedroom. There are new refrigerators and flooring on 1st & 3rd, new ranges on 1st & 2nd, new parlor heaters on 2nd & 3rd, & newly painted kitchen cabinets on the 3rd floor; adding to the appeal of this fantastic multi is plenty of off street parking and a bonus carport in back for tenant use or your personal storage. Every unit has their own laundry hook-ups and enjoys private gas and electric meters. This location is close proximity to all that Worcester has to offer and makes commuting a breeze;10 Minutes to the MA pike, 15 minutes to Worcester Airport and 6 minutes to Union Station.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Golf Course, Highway Access, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Unfinished Basement
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Projected
  • Gross Operating Income: 61800
  • Net Operating Income: 41400

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Utility Connections: for Gas Dryer, for Gas Oven, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 1
  • Other Rooms: Kitchen, Laundry, Living Room
  • Appliances: Range, Refrigerator
  • Heating: Extra Flue, Gas, Heat Pump
  • Cooling: None
  • Levels: 1

Unit 2 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 2
  • Other Rooms: Kitchen, Laundry, Living Room
  • Interior Features: Ceiling Fans
  • Heating: Extra Flue, Gas, Heat Pump
  • Cooling: None
  • Levels: 1

Unit 3 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 3
  • Other Rooms: Kitchen, Laundry, Living Room
  • Heating: Extra Flue, Gas, Heat Pump
  • Cooling: None
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Other (See Remarks), Parquet, Varies Per Unit, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73094035
  • Last Updated: 06/14/23
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/14/2023Sold$600,000$199MLSPIN
05/15/2023Under Agreement$609,000$202MLSPIN
05/01/2023Contingent$609,000$202MLSPIN
04/20/2023Active$609,000$202MLSPIN
04/16/2023Price Change$609,000$202MLSPIN
04/16/2023Active$619,900$206MLSPIN
04/12/2023Price Change$619,900$206MLSPIN
04/05/2023Active$639,900$213MLSPIN
04/01/2023New$639,900$213MLSPIN

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Seller's Representative: Kimberly McGhee, RE/MAX Advantage 1
Sub Agent Compensation: 2
Buyer Agent Compensation: 2.5
Facilitator Compensation: 2
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: Yes

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-06-14 06:39:00

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