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81 Merrifield St

Worcester, MA 01605
  • $559,900
  • STATUS: Contingent
  • MLS #: 73084713
Under Contract
UPDATED: 53 min ago
$559,900
  • 11
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,374
    SQFT
  • $128
    $/SQFT
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Listing courtesy of Jaclyn Painchaud of 7 Hills Real Estate.

Description

Shown via group showing Sat. 3/11 12pm-1:30pm w/ CONFIRMED appointment only (this is not a public open house). Rare Worcester 4-family home at a great price! This property is located right between UMASS's main campus & UMASS Memorial, as well as a short drive to the highway & all the action on Shrewsbury St. The building is fully occupied and there are long term tenants in place. The units could use some updating when they turn over. All units are heated by gas space heaters. Hardwood floors throughout. The lower level apt. electric is paid by the owner as there is not a separate LL meter. Parking is on-street so no plowing needed. This is a great property for anyone looking for a value add opportunity. Property will not go FHA or VA. The tenants all have a good payment history. May not work for an owner occupant. 4-unit properties like this one are few and far between. Get in on Worcester's RED HOT multi-family market while you still can!

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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. Data last updated 2023-03-24T21:05:08.663.
www.teamrosoremax.com/homes/137489880
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81 Merrifield St Worcester, MA 01605

  • Price: $559,900
  • Status: Contingent
  • On Site: Days
  • Updated: 53 min ago
  • MLS #: 73084713
11
Beds
4
Baths
0
½ Baths
0.12
Acres
4,374
SQFT
$128
$/SQFT
1910
Built
County:
Worcester
Elementary School:
Belmont St
Property Description
Shown via group showing Sat. 3/11 12pm-1:30pm w/ CONFIRMED appointment only (this is not a public open house). Rare Worcester 4-family home at a great price! This property is located right between UMASS's main campus & UMASS Memorial, as well as a short drive to the highway & all the action on Shrewsbury St. The building is fully occupied and there are long term tenants in place. The units could use some updating when they turn over. All units are heated by gas space heaters. Hardwood floors throughout. The lower level apt. electric is paid by the owner as there is not a separate LL meter. Parking is on-street so no plowing needed. This is a great property for anyone looking for a value add opportunity. Property will not go FHA or VA. The tenants all have a good payment history. May not work for an owner occupant. 4-unit properties like this one are few and far between. Get in on Worcester's RED HOT multi-family market while you still can!
Exterior Features

Covered Spaces 0 Garage YN No Lot Features Other Parking Total 0 Waterfront YN No

Interior Features

Building Area Total 4374 Fireplace YN No Fireplaces Total 0 Foundation Details Other Lead Paint Unknown Rooms Total 19

Property Features

Buyer Agency Compensation 2.25 Community Features Public TransportationShoppingParkMedical FacilityBike PathHighway AccessHouse Of WorshipPublic School Contingency Pending P&S Disclosures Some Missing Siding. Rents Are Below Market. Property is Priced Accordingly. Seller Will Not Vacate Any Units Or Serve Any Notices To Tenants. Long Term Tenants. 1st & 2nd Floor Tenants Are Section 8. 3rd Floor is Rented To Smoc. Lower Level Unit is Self Pay. Tenants Have A Good Payment History. Exclusions Common Area Electric Is Tied To The Lower Level Apt And Seller Pays That Electric Bill Gross Income 46800 Net Operating Income 46800 Property Sub Type 4 Family Rent Includes Unit 4(Electric) Sewer Public Sewer Tax Annual Amount 7052 Tax Year 2023 Total Actual Rent 3900 Transaction Broker Compensation 0 Water Source Public Year Built Details Unknown/Mixed Zoning Rg-5

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Jaclyn Painchaud of 7 Hills Real Estate: 508-340-4700.


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. Data last updated 2023-03-24T21:05:08.663.
 
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Re/Max Vantage
77 State Road
Dartmouth MA, 02747
Listing courtesy of Jaclyn Painchaud of 7 Hills Real Estate.