345 Park Avenue

Worcester, MA 01610

$900,000
Last Sold Price
10
Beds
6
Baths
3,740 Sq. Ft.
$241 / Sq. Ft.
3,740
Sq. Ft.
$241
per Sq. Ft.

Description

Amazing opportunity to invest in the heart of Worcester. This 6 unit building with parking is in an unbeatable location. A walker's paradise, just a few steps to pharmacies, restaurants, and numerous shops will appeal to many demographics. Also only roughly 1.5 miles to Worcester Poly Tech and Worcester State University.Amazing opportunity to invest in the heart of Worcester. This 6 unit building with parking is in an unbeatable location. A walker's paradise, just a few steps to pharmacies, restaurants, and numerous shops will appeal to many demographics. Also only roughly 1.5 miles to Worcester Poly Tech and Worcester State University.
  1. Listed by The Commonwealth Group • Advisors Living - Wellesley

Property Details for 345 Park Avenue

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8

Location

Listing Courtesy of Advisors Living - Wellesley, The Commonwealth Group

Sold By Zafiri Real Estate, Mirela Zafiri

Add your commute
LISTING UPDATED: 10/01/2022 08:24 AM

Property Details for 345 Park Avenue

StatusSold
MLS #73006977
Days on Market53
Taxes$5,250 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1890
CountyWorcester County

Location

Listing Courtesy of Advisors Living - Wellesley, The Commonwealth Group

Sold By Zafiri Real Estate, Mirela Zafiri

Add your commute

Virtual Tour

Building Information for 345 Park Avenue

Stories9Residences6Year Built1890Building Size-Lot Size0.11 AC / 4,825 SF

Payment Calculator

$5,349 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$438

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 345 Park Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Public School
  • Current Financing: Other
  • Living Area: 3740.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Microwave, Refrigerator), Unit 3(Range, Refrigerator, Freezer), Unit 4(Range
  • Basement Features: Partial
  • 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: Wood
  • Interior Features: Unit 1 Rooms(Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Cooling: Yes
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: One Unit Is Currently Vacant. Can Be Delivered Rented. 6th Unit (3rd Floor) Currently Rented At $2200/Month. It Is A 2 Bedroom With An Attic Loft. Four Out Of The Six Units Have Been Updated With New Kitchen Appliances,New Flooring,Cabinets,And New Tiled Bathrooms. Two Units Are Below Market Rent
Tax Information
  • Tax ID: 1767195
  • Assessments: $322,550
  • Book: 10107
  • Tax Year: 2021
  • Zoning: BG-3
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Electricity: $1,100.00
  • Annual Expenses Source: Estimated
  • GOI: $116,400.00
  • Insurance: $6,080.00
  • GRE: $18,530
  • RME: $5,200
  • NOI: $71,470.00
  • Operating Expense: $18,530.00
  • WSE: $6,150.00
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
  • Levels U4: 0
Rental Info
Rental Info
  • Total Actual Rent: $9,700.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 345 Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 345 Park Avenue

Taxable ValueLand$99,600Additions$430,400Total$530,000
Home Facts
Total Finished SqFt3,740 SqFtAbove Grade Finished SqFt3,740 SqFtUnfinished Basement SqFt1,302 SqFtStories3Lot Size4,825 SqFtStyleOffice BuildingYear Built1890ZoningBG-3CountyWORCESTERAPNWORC M:06 B:012 L:00002

Schools near 345 Park Avenue

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

Chandler Elementary Community
PublicK to 6

Forest Grove 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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Similar Sold Homes

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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 Advisors Living - Wellesley, The Commonwealth Group

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.