Address
116 Lincoln St, Worcester, MA
Price
$ 750,000
Property Attributes
  • MLS#73190257
  • TypeMulti-Family
  • CountyWORCESTER
  • CityWorcester
  • Zip01605
  • Style3 Family - 3 Units Up/Down
  • Year Built1905
  • Taxes$ 9368
  • Price$ 750,000
  • Bedrooms15
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage5292
  • Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Great opportunity to own this MASSIVE 3 family building! Central location! Less than a mile to downtown Worcester, minutes to Umass Memorial Health, Worcester Polytech, Hanover Theater, shopping and so much more. Close to major highways. Each unit is approximately 1,700 square feet! All units have the same layout FIVE good sized bedrooms, living room, dining room, kitchen and bathroom. Apartments are equipped with a pantry for extra storage and a laundry area with washer and dryer hook ups. Second and third floor have enclosed porches as well. Potential gross income of $90k a year! Showings begin at open house January 6th 12-1pm.

Price History
1/3/2024 Listed $799,900
2/5/2024 7% - $750,000

General Features

Interior Features Unit 1(Pantry,Bathroom With Tub & Shower),Unit 2(Pantry,Storage,Bathroom With Tub & Shower),Unit 3(Pantry,Storage,Bathroom With Tub & Shower),Unit 1 Rooms(Living Room,Dining Room,Kitchen),Unit 2 Room
Sewer Public Sewer
Heating Unit 1(Forced Air),Unit 2(Forced Air),Unit 3(Forced Air)
Utilities for Electric Range,for Electric Dryer,Washer Hookup
Roof Shingle
Appliances Unit 1(Range,Refrigerator),Unit 2(Range,Refrigerator),Unit 3(Range,Refrigerator),Utility Connections for Electric Range,Utility Connections for Electric Dryer
Exterior Features Porch - Enclosed,Gutters,City View(s)
Zoning BL-1
Patio/Porch Features Enclosed
Construction Materials Brick,Stone
Exclusions Tenants' Property
Year Built 1905
View City
Property SubType 3 Family - 3 Units Up/Down
Tax Year 2023
Gross Income 73200
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,Public School,T-Station,University
County Worcester
Net Operating Income 73200
Property Type Residential Income
Garage Y/N No
Total Rooms 24
Status Active
Directions Take I-290 East to Exit 17,left off exit. Right lane to merge onto Lincoln Street.
City Worcester
Buyer Agent Compensation 1.5
Disclosures Information deemed reliable but not guaranteed. Buyer/Buyers agent to verify. Some photos may be edited to protect tenants belongings.
View Y/N Yes
Senior Community Y/N No
Total Units 3
Lot Size Square Feet 4488
Waterfront Y/N No
Street Name Lincoln St
Year Built Details Actual
Tax Annual Amount 9368
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 653300
Total Actual Rent 6100
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Walk-Out Access
Flooring Tile,Vinyl,Laminate
Total Stories 6
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Laundry Features Washer Hookup,Unit 1 Laundry Room,Unit 2 Laundry Room,Unit 3 Laundry Room
Total Bedrooms 15
Total Baths 3

Exterior Features

Lot Features Corner Lot
Water Source Public
Lot Size Area 0.1
Foundation Details Stone,Brick/Mortar
Spa No
Building Area Total 5292
Lot Size Acres 0.1
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01605

Price
AVG $650K
$750K
Taxes
AVG $6,525
$9,368
Visits
AVG 80
172
Data Provided by Inside Real Estate®
Year Built
AVG 1900
1905