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You are here:
Contingent
29 Photos
$650,000
3 Unit
9 Beds
3 Baths
5082 SQFT
0.11 Acre
7 Shawmut
Worcester, MA 01609

Property Description

OFFER ACCEPTED. 10/13 OPEN HOUSE CANCELLED *** Attention investors *** Rare opportunity to own a massive 3 family in the highly desirable Worcester market. Conveniently located within walking distance of historical Elm Park. First time on the market in 52 years! Units 1&2 are occupied at under market rents. Units 1&3 will be delivered vacant. Based on HUD fair market rents and with some TLC, this property can generate over $6,600 in monthly income. Two boilers & water heaters were replaced in 6/2023. Electric panels updated for all 3 units including landlord panel. Many replacement vinyl windows. Massive floor plans with large kitchen, family, dining, and living room, each with 3 bedrooms and 1 bath. Many rooms have carpet with original hardwoods underneath. Each unit has its own front enclosed porch and back porch with extra storage closet. In-unit laundry available in each unit. Bring your vision and transform this large 3-decker into a stunning investment!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: House of Worship, Park
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer Hookup
  • Common Heating: Central Heat, Extra Flue, Gas, Heat Pump, Hot Water Radiators, Steam

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 35800
  • Gross Expenses: 16073
  • Electric Expenses: 150
  • Water/Sewer: 2011
  • INSC: 4162
  • Repairs & Maintenance: 9300
  • Miscellaneous Expense: 450
  • Net Operating Income: 12231

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Individually Metered, Other (See Remarks)
  • Utility Connections: for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73299263
  • Last Updated: 10/12/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/12/2024Contingent$650,000$128MLSPIN
10/11/2024Active$650,000$128MLSPIN
10/07/2024New$650,000$128MLSPIN

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View Breakdown

Map & Resources

WPI South Village

University

0.28mi

Clark University Becker School of Design and Technology

University

0.29mi

Worcester State University School of Science, Technology, and Health

University

0.34mi

Chandler Elementary Community School

Public Elementary School, Grades: PK-6

0.36mi

Saint Pauls School

School

0.47mi

Doherty Memorial High School

Public Secondary School, Grades: 9-12

0.47mi

Elm Park Community School

Public Elementary School, Grades: PK-6

0.54mi

Jacob Hiatt Magnet School

Public Elementary School, Grades: PK-6

0.55mi

Loft 266

Bar

0.21mi

Beatnik's

Bar

0.71mi

Whiskey Lounge

Bar

0.73mi

Michael's Cigar Bar

Bar

0.84mi

Coors Home Plate Bar

Bar

0.91mi

Wonder Bar

Bar

0.95mi

The Dive Bar

Bar

0.96mi

Femme Bar

Bar

0.98mi

Pleasant Street Firehouse

Fire Station

0.05mi

Worcester Fire Department

Fire Station

0.68mi

Worcester Fire Station #2 South Division

Fire Station

0.76mi

Worcester Fire Department

Fire Station

1.13mi

Franklin Street Station

Fire Station

1.19mi

Worcester Fire Department

Fire Station

1.47mi

Webster Square Fire Station

Fire Station

1.65mi

WPI Campus Police

Police

0.84mi

The Hanover Theatre Conservatory for the Performing Arts

Arts Centre

0.67mi

Worcester Center For Crafts

Arts Centre

1.22mi

Worcester Music Academy

Music Venue

0.5mi

Upper Perrault Hall

Cinema

0.89mi

Cinema 360

Cinema

0.96mi

Franklin Square Salon Gallery

Gallery

0.67mi

ArtsWorcester

Gallery

0.75mi

Worcester Art Museum

Gallery

0.94mi

Bickman Fitness Center

Fitness Centre

0.94mi

True North Performance Training

Fitness Centre

1.08mi

React Fitness Club

Fitness Centre

1.19mi

Orangetheory Fitness

Fitness Centre

1.34mi

Commerce Bank Field

Sports Centre. Sports: American Football, Soccer

0.38mi

Worcester YMCA Central Community Branch

Sports Centre

0.52mi

Alumni Field

Sports Centre. Sports: American Football, Field Hockey, Soccer

0.67mi

WPI Sports and Recreation Center

Sports Centre

0.71mi

Hadwen Arboretum

Private Nonprofit Park

0.83mi

Clark University Property

Private Park

0.85mi

Winslow Park

Municipal Park

0.04mi

Elm Park

Municipal Park

0.15mi

Newton Hill at Elm Park

Municipal Park

0.2mi

General Foley Stadium

Municipal Park

0.32mi

John and Frannie Herron Park

Private Nonprofit Park

0.37mi

Lincoln Estate-Elm Park Historic District

Park

0.38mi

Piedmont Playground

Playground

0.27mi

Beaver Brook Playground

Playground

0.56mi

Plymouth St. Playground

Playground

0.94mi

Betty Price Playground

Playground

1.32mi

Caola Locksmiths

Locksmith

0.53mi

Joseph's Lock & Safe co

Locksmith

0.97mi

Bank of America

Bank

0.16mi

TD Bank

Bank

0.25mi

Commerce Bank

Bank

0.7mi

TD Bank

Bank

0.71mi

Bay State Savings Bank

Bank

0.73mi

Country Bank

Bank

0.76mi

Walgreens

Pharmacy

0.38mi

CVS Pharmacy

Pharmacy

0.79mi

Ed Hyder's Mediterranean Marketplace

Supermarket

0.06mi

Price Chopper

Supermarket

0.45mi

America's Food Basket

Supermarket

0.62mi

Big Y

Supermarket

0.63mi

Price Rite

Supermarket

1.18mi

Santiago's Market

Supermarket

1.21mi

Seller's Representative: Gary Savoie, Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS ID#: 73299263

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-10-12 17:40:00

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