Last Sold Price
6 beds2,600 sqft$113/sqft
70 Randolph Rd, Worcester, MA 01606

Description

Amazing investment opportunity! This is a turn-key investment property with a cash on cash return of 16%! Great location in the Greendale Area set up on the hill overlooking Dodge Park. Currently both units occupied and getting $1500/each unit! Fully renovated from basement to roof. 3 bedroom 1 bath in each unit. Laundry in each unit. Nicely renovated with upgraded materials throughout to give it a more high end feel. There is virtually nothing left to do. This is a great investment for an owner...Amazing investment opportunity! This is a turn-key investment property with a cash on cash return of 16%! Great location in the Greendale Area set up on the hill overlooking Dodge Park. Currently both units occupied and getting $1500/each unit! Fully renovated from basement to roof. 3 bedroom 1 bath in each unit. Laundry in each unit. Nicely renovated with upgraded materials throughout to give it a more high end feel. There is virtually nothing left to do. This is a great investment for an owner occupant looking to have one of the units pay the mortgage or for an investor to add another property to their portfolio. This is a win win. See attached analysis report for full financial breakdown
LISTING CLOSED: 07/14/2015 12:00 AM

  1. Listed by The Pro's Team • The Pros Real Estate Services

Property Details for 70 Randolph Road

Status
MLS #
71836016
Days on Market
23
Taxes
$2,355 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family - 2 Units Up/Down
Year Built
1922
Town
Worcester
MLS Area
Greendale
Area
MA-Worcester-Greendale, MA-Worcester
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of The Pros Real Estate Services, The Pro's Team

Sold By William Raveis Real Estate & Homes Services, Rebecca Joseph

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Building Information for 70 Randolph Road

Stories4Residences2Year Built1922Building Size-Lot Size0.34 AC / 14,633 SF

Payment Calculator

$1,696 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,499

Property Taxes

$196

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 70 Randolph Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 2600.0
  • Color: Tan
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Wawecus
  • High School: Burncoat
  • Middle School: Burncoat
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range
  • Basement Features: Full, Walk Out, Concrete Floor
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Plywood
  • Interior Features: Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck
  • Lot Description: Corner Lot, Sloped
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
  • View: City View(s), Scenic View(s)
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Unpaved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Unpaved Driveway
  • Parking Features: Off-Street, Unpaved Driveway
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Tax Information
  • Tax ID: M:22 B:003 L:00009,1783224
  • Assessments: $138,700
  • Book: 48787
  • Tax Year: 2012
  • Zoning: RS-7
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter, Block
  • Foundation Area: 1204.0
Income / Expenses
  • Annual Expenses Source: Owner, Other (See Remarks)
  • GOI: $36,000.00
  • NOI: $23,031.00
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 70 Randolph Road

DateEvent & SourcePriceAppreciation
Jul 14, 2015

Sold

MLS PIN #71836016

$295,000
May 15, 2015

Under Agreement

MLS PIN #71836016

May 15, 2015

Contingent

MLS PIN #71836016

DateEvent & SourcePrice
07/14/2015

Sold

MLS PIN #71836016

$295,000
05/15/2015

Under Agreement

MLS PIN #71836016

05/15/2015

Contingent

MLS PIN #71836016

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

Public Records for 70 Randolph Road

Taxable ValueLand$119,000Additions$550,900Total$669,900
Tax Record2025$8,836 ($736 / month)
Home Facts
Baths2Total Finished SqFt2,600 SqFtAbove Grade Finished SqFt2,600 SqFtUnfinished Basement SqFt1,204 SqFtStories2Lot Size14,633 SqFtStyleDuplexYear Built1922ZoningRS-7CountyWORCESTERAPNWORC M:22 B:003 L:00009

Schools near 70 Randolph 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
Jacob Hiatt Magnet School
PublicPK to 6

Worcester Dual Language Magnet School
PublicPK to 6

Wawecus Road School
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.

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Listing Courtesy of The Pros Real Estate Services, The Pro's Team

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.