Maribeth Marzeotti - RE/MAX Advantage I

19 Merrifield St, Worcester, MA 01605

Belmont Hill

Multi-Family

$589,900
Price
$582,000
Sale Price

6
Units
4,719
Approx. GLA
The nicest multi family building I've seen... Completely rebuilt in 2013* Six two bedroom units* All units have new High efficiency Gas FHA heating systems with Central Air (2013)* On demand hot water* Fully Sprinklered* Separate Electrical* Separate water bills* Low Maintenance Exterior* New Roof in 2013 * Coin op laundry* Central Air units are on a deck to keep them off the ground* Pre-wired for direct tv/dish with mounting blocks on the back of the building and conduit running to each unit* Owner's office area with full bath* Rents are being raised to $1100+/unit as leases come up for renewal in the next few months* Parking for 10 cars* Seller has lead certs for all units!* Income & Expenses attached in MLS.
Highlights
Sale Price: $582,000
Settled Date: 1/11/2017 12:00:00 AM
Area/Village: Belmont Hill
Basement Features: Full, Partially Finished
List Price: $589,900
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Sold
Beds: 12
Baths: 6
Units: 6
Year Built: 2012
Year Round: Yes
Approx. GLA: 4,719
MLS#: 72074470
Interior
Basement: Yes
Cooling Units: 6
Cooling Zones: 6
Electricity Cost: $480
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 6
Heating Zones: 6
Energy: Insulated Windows, Insulated Doors
Hot Water: Natural Gas, Tank
Rooms: 26
Lead Paint: Certified Treated
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.15
Lot Size: 6,615.00
Lot Description: Paved Drive
Foundation: Poured Concrete, Fieldstone
Foundation Size: irreg
Parking Spaces: 8
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: green
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range
Exterior: Vinyl
Exterior Features: Porch, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $315,400
Taxes: $6,500
Tax Year: 2016
Book/Page: 5316/67
Warranty Available: No
Beach
Beach: Yes
Miles to Beach: 1 to 2 Mile
Beach Description: Lake/Pond
Beach Ownership: Public
Expenses
Expenses Source: Owner Provided
Gross Income: $66,276
Gross Expenses: $14,434
Net Income: $52,042
Insurance Cost: $4,162
Water Cost: $2,516
Misc. Cost: $360
 
 
Additional
Amenities: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Disclosure Declaration: No
Disclosure: Sixth unit is occupied by the owner's daughter as a tenant at will paying no rent. Market rent is $1100 per unit. See income & expense statement with projected amounts.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $1,100
Unit 2 4 2 0 1 1 0 Yes 1 $925
Unit 3 4 2 0 2 1 0 Yes 1 $900
Unit 4 4 2 0 2 1 0 Yes 1 $900
Units Extras
Unit 1
Rent Includes:  None  Cooling:  Central Air  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  None  Cooling:  Central Air  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  None  Cooling:  Central Air  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  None  Cooling:  Central Air  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Common
Applicances:  Washer, Dryer  Rooms:  Laundry 
Map
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The listing office is RE/MAX Advantage 1 and the listing agent is David Stead. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/22/2017 9:35:00 PM.
 
Maribeth Marzeotti
Maribeth Marzeotti
Realtor/Home Stager
RE/MAX Advantage I