511 Park Avenue

Worcester, MA 01603

$647,000
Last Sold Price
5
Beds
3
Baths
2,675 Sq. Ft.
$242 / Sq. Ft.
2,675
Sq. Ft.
$242
per Sq. Ft.

Description

Turn-key three family with major restoration to all three units including all new windows, all plumbing central heating, mini split air conditioning, all new electrical wiring and complete service with landlord meter, all new kitchen with shaker style soft close cabinets and granite countertops with matching grey bathroom cabinets. Units have recess lights and new stainless-steel appliances in all kitchens. Pending the final permit sign offs by the City of Worcester, this property has been updated...Turn-key three family with major restoration to all three units including all new windows, all plumbing central heating, mini split air conditioning, all new electrical wiring and complete service with landlord meter, all new kitchen with shaker style soft close cabinets and granite countertops with matching grey bathroom cabinets. Units have recess lights and new stainless-steel appliances in all kitchens. Pending the final permit sign offs by the City of Worcester, this property has been updated and renovated including the basement concrete floor for possible future expansion. The property is residential, but first floor can be used as a business as the zoning BG-2 allows for variety of retail/office uses. The property is located across the street from the new Clark University Athletic Field currently under construction. High visibility and great potential.
  1. Listed by Christine L. Najem • Cedar Wood Realty Group
  2. Listed by Charbel Najem • Cedar Wood Realty Group

Property Details for 511 Park Avenue

Town
Worcester
MLS Area
West Side
Area
MA-Worcester-West Side, MA-Worcester
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Cedar Wood Realty Group, Christine L. Najem; Cedar Wood Realty Group, Charbel Najem

Sold By Buyers Brokers Only, LLC, Jeffrey Goodwin

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LISTING UPDATED: 08/22/2022 05:09 PM

Property Details for 511 Park Avenue

StatusSold
MLS #72983396
Days on Market29
Taxes$3,856 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1890
CountyWorcester County

Location

Listing Courtesy of Cedar Wood Realty Group, Christine L. Najem; Cedar Wood Realty Group, Charbel Najem

Sold By Buyers Brokers Only, LLC, Jeffrey Goodwin

Add your commute

Building Information for 511 Park Avenue

Stories6Residences3Year Built1890Building Size-Lot Size0.10 AC / 4,500 SF

Payment Calculator

$3,852 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,531

Property Taxes

$321

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 511 Park Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping
  • Current Financing: VA
  • Living Area: 2675.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Under Construction
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Electric Water Heater, Utility Connections for Electric Range
  • Basement Features: Full, Walk Out
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Laminate
  • Laundry Features: Laundry Room
  • Window Features: Insulated Windows
Exterior Features
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • 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
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Agent Is Related To Seller
Tax Information
  • Listing Terms: Contract
  • Tax ID: 1769817
  • Assessments: $313,900
  • Book: 65119
  • Tax Year: 2021
  • Zoning: BG-2
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Block, Stone, Brick/Mortar
  • Foundation Area: 1025.0
  • Cooling Units: 9
  • Cooling Zones: 3
  • Heat Units: 3
  • Heat Zones: 9
Income / Expenses
  • GOI: $56,400.00
  • NOI: $49,345.00
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: $4,700.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 511 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 511 Park Avenue

Taxable ValueLand$65,600Additions$322,500Total$388,100
Tax Record2023$5,565 ($464 / month)
Home Facts
Baths3Total Finished SqFt2,663 SqFtAbove Grade Finished SqFt2,663 SqFtUnfinished Basement SqFt1,025 SqFtStories3Lot Size4,500 SqFtStyleTriplexYear Built1895ZoningBG-2CountyWORCESTERAPNWORC M:08 B:010 L:00051

Schools near 511 Park Avenue

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

Columbus Park
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 Cedar Wood Realty Group, Christine L. Najem; Cedar Wood Realty Group, Charbel Najem

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.