$770,000
$749,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
45 Plantation St Worcester, MA 01604
8 Beds
3 Baths
4,221 SqFt
Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,221 sqft
Price per Sqft $182
MLS Listing ID 73171181
Sold Date 12/04/23
Bedrooms 8
Full Baths 3
Year Built 1915
Annual Tax Amount $8,587
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type 3 Family
Property Description
**Offer deadline Tuesday, 6pm** This Grafton Hill 3-family property offers substantial income potential and is in excellent condition! The 1st floor has been thoroughly renovated with a new heating system, refinished floors, and wide open layout, plus a private back deck and a fenced turf enclosure for added outdoor space. The 2nd and 3rd floors each come with private balconies. The 4-car garage provides additional income opportunity, as does the huge room above that is heated with electricity. The house and garage roof are both just 2 years old. Each unit includes in-unit laundry and has heating. Almost all interior walls in the property have also been replastered, meaning very low maintenance. The 2nd and 3rd floors include a bonus front room that can be converted into 2 additional bedrooms. The property projects over an 8% cap rate with market rents, not including the additional garage & bonus room income. This renovated, low-maintenance property is a great opportunity!
Location
State MA
County Worcester
Zoning RG-5
Direction Please use GPS
Rooms
Basement Full, Concrete, Unfinished
Interior
Interior Features Unit 1(Upgraded Cabinets, Bathroom With Tub & Shower, Open Floor Plan, Slider), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Mudroom), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room), Unit 3 Rooms(Living Room, Dining Room, Kitchen, Family Room)
Heating Unit 1(Central Heat, Forced Air, Gas), Unit 2(Hot Water Radiators, Gas), Unit 3(Central Heat, Gas)
Cooling Unit 1(None), Unit 2(None), Unit 3(None)
Flooring Tile, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors, Stone/Ceramic Tile Floor), Unit 3(Tile Floor, Hardwood Floors, Stone/Ceramic Tile Floor)
Appliance Unit 1(Range, Dishwasher, Refrigerator, Washer, Dryer, Vent Hood), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer, Vent Hood), Unit 3(Range, Dishwasher, Refrigerator, Washer, Dryer), Utility Connections Varies per Unit
Laundry Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Exterior
Exterior Feature Porch, Deck, Balcony, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Garage Spaces 4.0
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University, Sidewalks
Utilities Available Varies per Unit
Waterfront Description Beach Front,Lake/Pond,1 to 2 Mile To Beach,Beach Ownership(Public)
View Y/N Yes
View City View(s)
Roof Type Shingle
Total Parking Spaces 12
Garage Yes
Building
Lot Description Gentle Sloping
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Daniel Meservey • Mathieu Newton Sotheby's International Realty