15 King Philip Road

Worcester, MA 01606

$1,500,000
Price
12
Beds
6
Baths
6,306 Sq. Ft.
$238 / Sq. Ft.
6,306
Sq. Ft.
$238
per Sq. Ft.

Description

Family retiring and selling their portfolio of 2 triple decker properties on one parcel - sold together! 5 of 6 units interiors remodeled. Most units under lease. This is one of those rare opportunities to acquire a cash flowing property! 15 has 3 three 3 beds, and 15A has three 2 beds. In details unit 1 is the front building and unit 2 is the rear.Family retiring and selling their portfolio of 2 triple decker properties on one parcel - sold together! 5 of 6 units interiors remodeled. Most units under lease. This is one of those rare opportunities to acquire a cash flowing property! 15 has 3 three 3 beds, and 15A has three 2 beds. In details unit 1 is the front building and unit 2 is the rear.
  1. Listed by Gary Kelley • Castinetti Realty Group
  2. Listed by Sue Gordon • Castinetti Realty Group

Property Details for 15 King Philip Road

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Castinetti Realty Group, Gary Kelley; Castinetti Realty Group, Sue Gordon
Add your commute
LISTING UPDATED: 04/28/2024 01:59 PM

Property Details for 15 King Philip Road

StatusActive
MLS #73198708
Days on Market119
Taxes$6,446 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1898
CountyWorcester County

Location

Listing Courtesy of Castinetti Realty Group, Gary Kelley; Castinetti Realty Group, Sue Gordon
Add your commute

Building Information for 15 King Philip Road

Stories6Residences6Year Built1898Building Size-Lot Size0.23 AC / 9,906 SF

Payment Calculator

$8,723 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$537

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 King Philip Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Medical Facility, Highway Access, Public School
  • Living Area: 6306.0
  • Color: White/Gree
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Hardwood, Wood
  • Interior Features: Bathroom With Tub & Shower, Living Room, Kitchen
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Open Parking: Yes
Utilities
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: See attached P&L
Tax Information
  • Tax ID: M:12 B:008 L:00007
  • Assessments: $449,500
  • Book: 46445
  • Tax Year: 2023
  • Zoning: RG-5
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Electricity: $1,434.00
  • Annual Expenses Source: Owner
  • GOI: $83,232.00
  • Gross Scheduled Income: $188.00
  • Insurance: $5,209.00
  • GRE: $41,545
  • RME: $32,531
  • NOI: $41,687.00
  • Operating Expense: $41,545.00
  • WSE: $2,183.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 0
  • Lease U1: Y
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 0
  • Lease U2: Y
  • Levels U2: 3
Rental Info
Rental Info
  • Total Actual Rent: $6,936.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 15 King Philip Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 King Philip Road

Taxable ValueLand$30,800Additions$418,700Total$449,500
Tax Record2023$6,446 ($537 / month)
Home Facts
Lot Size9,906 SqFtStyleMulti-Family Dwelling (2-4)ZoningRG-5CountyWORCESTERAPNWORC M:12 B:008 L:00007

Schools near 15 King Philip Road

This home is within Worcester School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - K to 6
Public - 7 to 8
Rating
School
Distance
Chandler Magnet
PublicPK to 6

Jacob Hiatt Magnet
PublicPK to 6

Thorndyke Road
PublicK to 6

Burncoat Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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15 King Philip Road is a multi-family home for sale in Worcester, MA 01606. This property was listed for sale on February 2, 2024 by Castinetti Realty Group, it's currently listed at $1,500,000. It has been on the market for a total of 119 days and was last sold on October 7, 2010. This listing's school district is Worcester School District. Nearby schools include Chandler Magnet, Jacob Hiatt Magnet and Thorndyke Road. 15 King Philip Road is a 12-bed, 6-bath, 6,306 sqft multi-family home built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Castinetti Realty Group, Gary Kelley; Castinetti Realty Group, Sue Gordon

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.