1 Cheney Street

Worcester, MA 01610

$633,000
Last Sold Price
12
Beds
3
Baths
4,368 Sq. Ft.
$145 / Sq. Ft.
4,368
Sq. Ft.
$145
per Sq. Ft.

Description

Investment opportunity PRIME LOCATION STEPS TO CLARK U in tuition free zone. Prized 6 room | 4 bedroom layout with nearly 1,500 sqft in each unit! Modernized units with contemporary flooring, kitchens, bathrooms and in-unit laundry hookups. Paved driveway with parking for 7 vehicles. Updated heating system with hot water baseboard in each unit. Individually metered gas boilers and electric water heaters, approx 10 years old. Individually metered electric with separate owner's panel. Recent vinyl...Investment opportunity PRIME LOCATION STEPS TO CLARK U in tuition free zone. Prized 6 room | 4 bedroom layout with nearly 1,500 sqft in each unit! Modernized units with contemporary flooring, kitchens, bathrooms and in-unit laundry hookups. Paved driveway with parking for 7 vehicles. Updated heating system with hot water baseboard in each unit. Individually metered gas boilers and electric water heaters, approx 10 years old. Individually metered electric with separate owner's panel. Recent vinyl windows and soffits. De-lead cert for 2nd floor unit. Fully rented with impressive long-term gross monthlies. 1st & 2nd floor are 7 & 10-year tenants with guaranteed payment through RCAP. 3rd floor is TAW. Building orientation and size may allow for future solar roof or additional bathrooms subject to permitting and approvals. Full breakdown of rents available upon request. Owner will consider delivering U3 vacant. VR tour link https://musee.xitotech.com/e/index.html? tour=257o259
  1. Listed by Erika Hall • Keller Williams Realty Greater Worcester

Property Details for 1 Cheney Street

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Parking Spaces
5.00
Parking Spaces Total
5

Location

Listing Courtesy of Keller Williams Realty Greater Worcester, Erika Hall

Sold By PRIVI Realty LLC, Johnny Long

Add your commute
LISTING UPDATED: 02/13/2023 11:58 AM

Property Details for 1 Cheney Street

StatusSold
MLS #73062664
Days on Market37
Taxes$5,696 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1915
CountyWorcester County

Location

Listing Courtesy of Keller Williams Realty Greater Worcester, Erika Hall

Sold By PRIVI Realty LLC, Johnny Long

Add your commute

Building Information for 1 Cheney Street

Stories6Residences3Year Built1915Building Size-Lot Size0.11 AC / 4,818 SF

Payment Calculator

$3,929 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,455

Property Taxes

$475

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Cheney Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, University, Sidewalks
  • Current Financing: VA
  • Living Area: 4368.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Electric Water Heater, Utility Connections for Electric Range
  • Basement Features: Full, Dirt Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Laundry Features: Washer Hookup
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, Individually Metered
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, 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: Interior photos are 2nd flr. Per owner,RCAP rents to be updated to WHA's FY’23 4 br rent at $2196. U1 and U2 are month to month with RCAP subsidies. U3 has recent floors/paint,previously rented to Clark students up to $2500/month,current U3 tenant is non-student. Owner has real estate license.
Tax Information
  • Tax ID: M:07 B:005 L:00031,1768605
  • Assessments: $374,500
  • Book: 52163
  • Tax Year: 2022
  • Zoning: RG-5
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Heat Units: 3
Income / Expenses
  • GOI: $67,200.00
  • NOI: $67,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,630.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.25
  • Other Agent Compensation: 2.25

Property History for 1 Cheney Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1 Cheney Street

Taxable ValueLand$41,400Additions$414,300Total$455,700
Tax Record2023$6,535 ($545 / month)
Home Facts
Baths3Total Finished SqFt4,368 SqFtAbove Grade Finished SqFt4,368 SqFtUnfinished Basement SqFt1,456 SqFtStories3Lot Size4,818 SqFtStyleTriplexYear Built1915Year Renovated1970ZoningRG-5CountyWORCESTERAPNWORC M:07 B:005 L:00031

Schools near 1 Cheney Street

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

Chandler Magnet
PublicPK to 6

Goddard School of Science & Technology
PublicPK to 6

Sullivan Middle School
Public6 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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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 Keller Williams Realty Greater Worcester, Erika Hall

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.