Lisa Hugo - Coldwell Banker Residential Brokerage

161 Grand St, Worcester, MA 01603

Multi-Family

$850,000
Price

12
Units
8,634
Approx. GLA
Investors take note! Unique opportunity to own 3 buildings on one property! 12 units total. This property has had the same owner for years and is fully rented with long term tenants. Bright and sunny units. Updates include, vinyl siding, windows, landlord panels. Separate utilities paid by tenants. Potential for increased income. There is a coin-op laundry rom which services all three buildings. Fenced grassy yard space makes for a great gathering spot in summer evenings. Garden area. Surveillance cameras on buildings for extra security. Must sign surveillance consent before going on property, see attached docs. Other attached docs include annual expenses, letters of Lead Compliance 1993-1999 Unit 2 has 12 bedrooms. No showings on Saturdays.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Unfinished Basement
List Price: $850,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 27
Baths: 12
Units: 12
Year Built: 1900
Year Round: Yes
Approx. GLA: 8,634
MLS#: 72267195
Interior
Basement: Yes
Electric Features: Circuit Breakers, Individually Metered
Flooring: Tile, Vinyl, Wall to Wall Carpet, Laminate
Energy: Insulated Windows
Hot Water: Natural Gas
Rooms: 51
Lead Paint: Certified Treated
Total Floors: 3
Exterior
Water: No
Acres: 0.26
Lot Size: 11,465.00
Lot Description: Paved Drive, Fenced/Enclosed
Foundation: Fieldstone, Brick
Parking Spaces: 12
Parking Features: Off-Street
Road Type: Public
Color: White
Construction: Frame
Roof Material: Rubber
Utility: for Gas Range
Exterior: Aluminum, Vinyl
Exterior Features: Garden Area, Porch, Porch - Enclosed
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $814,100
Taxes: $15,394
Tax Year: 2018
Book/Page: 22406/203
Warranty Available: No
Beach
Beach: No
Expenses
Gross Income: $95,700
Net Income: $95,700
 
Additional
Disclosure Declaration: No
Disclosure: 163,163.5, 161 Grand are all on one lot. Cannot be sold separately. See attached documents. Square footage is all 3 buildings combined. Units refer to buildings. Surveillance cameras on buildings. See attached documents for annual expenses. Letters of Compliance for lead from 1993-1999 attached
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 15 9 0 0 3 0 No 3 $2,675
Unit 2 24 9 0 0 6 0 No 3 $2,675
Unit 3 12 6 0 0 3 0 No 3 $2,625
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Electric Baseboard, Gas  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet, Pantry, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Electric Baseboard, Gas  Interior:  Bathroom With Tub & Shower, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Electric Baseboard, Gas  Interior:  Bathroom With Tub & Shower, Cable TV Available, Tile Floor  Rooms:  Living Room, Kitchen 
Map
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The listing office is Coldwell Banker Residential Brokerage - Worcester - Park Ave. and the listing agent is Christine Stratford. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. and it's 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. The data was last modified on 6/18/2018 10:35:00 PM.
 
Lisa Hugo
Lisa Hugo
Coldwell Banker Residential Brokerage