19 Ward Street

Worcester, MA 01610

$1,100,000
Price
12
Beds
6
Baths
5,336 Sq. Ft.
$206 / Sq. Ft.
5,336
Sq. Ft.
$206
per Sq. Ft.

Description

Welcome to this incredible multi-family investment opportunity. Being just steps outside of Kelley Square and Downtown Worcester, the location of this property is everything. This area of Worcester is one of the fastest developing in Massachusetts. Hundreds of residential rentals are being developed within a mile of these units. Stand on the front porch and see the potential it has to offer in real time. 19 Ward Street is made up of 6 two-bedroom/1 bath units. Three units have been beautifully renovated,...Welcome to this incredible multi-family investment opportunity. Being just steps outside of Kelley Square and Downtown Worcester, the location of this property is everything. This area of Worcester is one of the fastest developing in Massachusetts. Hundreds of residential rentals are being developed within a mile of these units. Stand on the front porch and see the potential it has to offer in real time. 19 Ward Street is made up of 6 two-bedroom/1 bath units. Three units have been beautifully renovated, and rent has been stabilized. The other three units are in good condition but not renovated, creating an opportunity for an investor to add value and increase gross rental income. Clark University, Holy Cross and WPI are a few of the multiple colleges within 2-3 miles of the property. Polar Park is a newer addition the area which has brought entertainment, retail, restaurants and jobs to the area. New security camera system.

Property Details for 19 Ward Street

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Parking Spaces
.00
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LISTING UPDATED: 04/16/2024 03:21 PM

Property Details for 19 Ward Street

StatusActive
MLS #73223598
Days on Market37
Taxes$8,474 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyWorcester County
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Building Information for 19 Ward Street

Stories9Residences6Year Built1900Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$6,709 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$706

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19 Ward Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
  • Living Area: 5336.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer
  • Basement Features: 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, Carpet, Laminate
  • Interior Features: Storage, Mudroom, Kitchen, Family Room
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Open Parking: Yes
Utilities
  • Electric: Circuit Breakers
  • Heating: Electric, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Plenty of street parking. Some current tenants rent parking spaces from the neighboring lot owner.
Tax Information
  • Tax ID: 1765858
  • Assessments: $598,400
  • Block: 018
  • Book: 69102
  • Lot: 00005
  • Map: 05
  • Tax Year: 2023
  • Zoning: multi fam
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Annual Expenses Source: Estimated, Owner
  • GOI: $112,200.00
  • GRE: $25,453
  • NOI: $86,747.00
  • Operating Expense: $25,453.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 1%

Property History for 19 Ward 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 19 Ward Street

Taxable ValueLand$27,000Additions$598,600Total$625,600
Tax Record2023$8,971 ($748 / month)
Home Facts
Baths6Total Finished SqFt5,328 SqFtAbove Grade Finished SqFt5,328 SqFtUnfinished Basement SqFt1,760 SqFtStories3Lot Size3,577 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningRG-5CountyWORCESTERAPNWORC M:05 B:018 L:00005

Schools near 19 Ward Street

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
PublicPK to 6

Chandler Magnet
PublicPK to 6

Union Hill School
PublicK to 6

Worcester East 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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19 Ward Street is a multi-family home for sale in Worcester, MA 01610. This property was listed for sale on April 12, 2024, it's currently listed at $1,100,000. It has been on the market for a total of 37 days and was last sold on April 7, 2017. This listing's school district is Worcester School District. Nearby schools include Jacob Hiatt Magnet, Chandler Magnet and Union Hill School. 19 Ward Street is a 12-bed, 6-bath, 5,336 sqft multi-family home built in 1900.

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.

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.