7 Shawmut St Worcester, MA

$650,000
Beds 9
Baths 3
Square Feet 5,082
Acres 0.11
Photo of 7 Shawmut St Worcester MA 01609




Description

*** Attention investors *** Rare opportunity to own a massive 3 family in the highly desirable Worcester market. Conveniently located within walking distance of historical Elm Park. First time on the market in 52 years! Units 1&2 are occupied at under market rents. Units 1&3 will be delivered vacant. Based on HUD fair market rents and with some TLC, this property can generate over $6,600 in monthly income. Two boilers & water heaters were replaced in 6/2023. Electric panels updated for all 3 units including landlord panel. Many replacement vinyl windows. Massive floor plans with large kitchen, family, dining, and living room, each with 3 bedrooms and 1 bath. Many rooms have carpet with original hardwoods underneath. Each unit has its own front enclosed porch and back porch with extra storage closet. In-unit laundry available in each unit. Bring your vision and transform this large 3-decker into a stunning investment!


Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate, Gary Savoie

Details

MLS 73299263
Status Pending
Price $650,000
DOM 70 days
Type Multi-Family
Beds 9
Total Baths 3 full baths
Square Feet 5,082 sqft
Lot Size 0.11 acres
Year Built 1890

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range, Microwave
Construction Frame
Heating Natural Gas, Steam
Sewer Public Sewer
Tax Year 2024
Taxes Paid $8,221
Water Public
Foundation Stone
Exterior Features Balcony/Deck, Rain Gutters
Interior Features Bathroom With Tub & Shower, Living Room, Laundry Room, Kitchen, Dining Room
Roof Shingle
Full Baths 3
Parking Off Street, Paved
Total Rooms 18
Basement Feature Full
Garage Spaces 0

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.