94-96 Hamilton Street

Worcester, MA 01604

$1,049,900
Price
9
Beds
5
Baths
5,402 Sq. Ft.
$194 / Sq. Ft.
5,402
Sq. Ft.
$194
per Sq. Ft.

Description

If you're looking for a mixed use property, look no further! Welcome to 94-96 Hamilton St; home of the Cosmopolitan bar and 4-unit multifamily. Current rents leave room to increase to reflect market rents and maximize profits. The units themselves have been very well maintained, hardwood floors scattered throughout, and are spacious 3-bedroom units. Updates include new heating system in 2022 in the bar building and vinyl replacement windows for the multi-family building. Located in the heart of the...If you're looking for a mixed use property, look no further! Welcome to 94-96 Hamilton St; home of the Cosmopolitan bar and 4-unit multifamily. Current rents leave room to increase to reflect market rents and maximize profits. The units themselves have been very well maintained, hardwood floors scattered throughout, and are spacious 3-bedroom units. Updates include new heating system in 2022 in the bar building and vinyl replacement windows for the multi-family building. Located in the heart of the city with Polar Park just 1.5 miles away and easy access to 290 and Route 146. Four-unit building and bar business license & contents can be yours for a reasonable price! Don't miss out on this rare opportunity!
  1. Listed by Jim Black Group • Real Broker MA, LLC
  2. Listed by Richard Jenkins • Real Broker MA, LLC

Property Details for 94-96 Hamilton Street

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

Location

Listing Courtesy of Real Broker MA, LLC, Jim Black Group; Real Broker MA, LLC, Richard Jenkins
Add your commute
LISTING UPDATED: 04/14/2024 03:09 AM

Property Details for 94-96 Hamilton Street

StatusActive
MLS #73197573
Days on Market92
Taxes$7,104 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1920
CountyWorcester County

Location

Listing Courtesy of Real Broker MA, LLC, Jim Black Group; Real Broker MA, LLC, Richard Jenkins
Add your commute

Building Information for 94-96 Hamilton Street

Stories6Residences4Year Built1920Building Size-Lot Size0.10 AC / 4,482 SF

Payment Calculator

$6,322 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$592

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 94-96 Hamilton Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Park, Medical Facility, Highway Access, House of Worship
  • Living Area: 5402.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • 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: No
  • Fireplaces: 0
  • Flooring: Carpet, Varies, Laminate, Hardwood
  • Interior Features: Living Room, Kitchen, Family Room
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Other
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Cooling: None
  • Cooling: No
  • Heating: None, Natural Gas
  • Heating: No
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Unit 4 is the bar (Cosmopolitan). Sale includes 4-unit multifamily and the bar. Gross income is combo of net income for bar & multi-family building.
Tax Information
  • Tax ID: M:18 B:014 L:00036
  • Assessments: $495,400
  • Book: 22564
  • Tax Year: 2023
  • Zoning: BL-1
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • Annual Expenses Source: Owner, Projected
  • GOI: $172,200.00
  • Insurance: $4,480.00
  • GRE: $4,480
  • NOI: $167,720.00
  • Operating Expense: $4,480.00
Complex & Association Information
  • Adult Community: No
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
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.75%
  • Other Agent Compensation: 1.75%

Property History for 94-96 Hamilton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 94-96 Hamilton 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

Rice Square
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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94-96 Hamilton Street is a multi-family home for sale in Worcester, MA 01604. This property was listed for sale on January 30, 2024 by Real Broker MA, LLC, it's currently listed at $1,049,900. This listing's school district is Worcester School District. Nearby schools include Jacob Hiatt Magnet, Chandler Magnet and Rice Square. 94-96 Hamilton Street is a 9-bed, 5-bath, 5,402 sqft multi-family home built in 1920.

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 Real Broker MA, LLC, Jim Black Group; Real Broker MA, LLC, 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.