57-59 Cutler Street

Worcester, MA 01604

$700,000
Last Sold Price
13
Beds
5
Baths
4,800 Sq. Ft.
$146 / Sq. Ft.
4,800
Sq. Ft.
$146
per Sq. Ft.

Description

Unique opportunity to own TWO multi-families on ONE lot! 57 Cutler Street has three spacious 3-bedroom units with laundry hookups, a new boiler for the 2nd floor installed in 2016, pantries, hardwood floors scattered throughout, and a personal porch for each unit. 59 Cutler St is a two-family each offering 2 bedroom units, a new deck, and a new sewer line. Both properties are fully rented allowing you to sit back and reap the benefits of your investment! Location, location, location; less than 5...Unique opportunity to own TWO multi-families on ONE lot! 57 Cutler Street has three spacious 3-bedroom units with laundry hookups, a new boiler for the 2nd floor installed in 2016, pantries, hardwood floors scattered throughout, and a personal porch for each unit. 59 Cutler St is a two-family each offering 2 bedroom units, a new deck, and a new sewer line. Both properties are fully rented allowing you to sit back and reap the benefits of your investment! Location, location, location; less than 5 minutes from Polar Park, Union Station, access to 290 shopping, and dining. Now is your chance to invest in one of the hottest zip codes in the country!
  1. Listed by Jim Black Group • eXp Realty
  2. Listed by Richard Jenkins • eXp Realty

Property Details for 57-59 Cutler Street

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of eXp Realty, Jim Black Group; eXp Realty, Richard Jenkins

Sold By Century 21 North East, Anthony Villa

Add your commute
LISTING UPDATED: 08/06/2022 07:43 AM

Property Details for 57-59 Cutler Street

StatusSold
MLS #72851752
Days on Market61
Taxes$9,369 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1920
CountyWorcester County

Location

Listing Courtesy of eXp Realty, Jim Black Group; eXp Realty, Richard Jenkins

Sold By Century 21 North East, Anthony Villa

Add your commute

Building Information for 57-59 Cutler Street

Stories10Residences5Year Built1920Building Size-Lot Size0.16 AC / 6,953 SF

Payment Calculator

$4,601 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$781

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 57-59 Cutler Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 4800.0
  • Total Units: 5
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Owner
Features
Interior Features
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Unit 4(Range), Electric Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Interior Access
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Varies Per Unit
  • Interior Features: Unit 1(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Cleared
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Unit 1(Hot Water Baseboard, Gas, Individual), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: Public record does not display living area sq. footage; buyer agent to confirm. Annual water amount covers water & sewer. Electric is $204.64 for the front and $349.14 for the back
Tax Information
  • Tax ID: M:04 B:031 L:00007
  • Assessments: $578,600
  • Book: 9588
  • Tax Year: 2020
  • Zoning: RG-5
Building / Association Information
Living Characteristics
  • Beds Total: 13
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 5
  • Heat Zones: 5
Income / Expenses
  • Electricity: $554.00
  • GOI: $61,800.00
  • Insurance: $5,332.00
  • GRE: $10,033
  • NOI: $51,767.00
  • Operating Expense: $10,033.00
  • WSE: $4,147.00
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
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,150.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 2%

Property History for 57-59 Cutler Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 57-59 Cutler 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.

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 eXp Realty, Jim Black Group; eXp Realty, Richard Jenkins

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.