7 Mott Street
7 Mott Street
$630,000
9
3
3,981
3,981
$158
Sold 7/31/23
Description
OPEN HOUSE SATURDAY June 3rd from 2:30-4pm. Welcome to 7 Mott St-- the turn key investment you have been waiting for! This classic triple decker features three very spacious and bright 3 bedroom apartments. All units have their own storage, washer /dryer hook ups, plus there is driveway parking-- all things long term tenants are looking for! Tenant retention = cash flow! Lead certs in hand for apartments 1 and 2. All separately metered gas and electric services with an owner's panel. Long term tenants...OPEN HOUSE SATURDAY June 3rd from 2:30-4pm. Welcome to 7 Mott St-- the turn key investment you have been waiting for! This classic triple decker features three very spacious and bright 3 bedroom apartments. All units have their own storage, washer /dryer hook ups, plus there is driveway parking-- all things long term tenants are looking for! Tenant retention = cash flow! Lead certs in hand for apartments 1 and 2. All separately metered gas and electric services with an owner's panel. Long term tenants with room for growth on the rents. Potential rental income of $6000/m! Potential to convert to 4 bedroom units for additional income. Very close to the fun at Polar Park and Rt 290 for an easy commute. The small lot and consistent maintenance throughout current ownership minimizes operational expenses. This building is professionally managed and runs like clockwork. Rent rolls and trailing 12 financials are available upon request. Y2D financials running at a 29% expense ratio!
- Listed by Michaela Hillier • Castinetti Realty Group
- Listed by Shawna Byfield • Castinetti Realty Group
Property Details for 7 Mott Street
Town
Worcester
AreaMA-Worcester
Garage Spaces0
Parking Spaces4.00
Parking Spaces Total4
Location
LISTING UPDATED: 08/01/2023 12:26 PM
Property Details for 7 Mott Street
Status | Sold |
---|---|
MLS # | 73111491 |
Days on Market | 25 |
Taxes | $6,695 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 3 Family - 3 Units Up/Down |
Year Built | 1890 |
County | Worcester County |
Location
Building Information for 7 Mott Street
Stories6Residences3Year Built1890Building Size-Lot Size0.09 AC / 3,925 SF
Payment Calculator
$3,996 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 7 Mott Street
Property History for 7 Mott Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7 Mott Street
Taxable ValueLand$43,200Additions$423,700Total$466,900
Tax Record2023$6,695 ($558 / month)
Home Facts
Baths3Total Finished SqFt3,981 SqFtAbove Grade Finished SqFt3,981 SqFtUnfinished Basement SqFt1,505 SqFtStories3Lot Size3,925 SqFtStyleTriplexYear Built1890ZoningRG-5CountyWORCESTERAPNWORC M:04 B:034 L:00031
Schools near 7 Mott 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.