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$525,000   Price Analysis
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15 Genessee St
Worcester, MA 01603
3 bed 4 bath 2,978 SqFt ($176/SqFt)
6,430SqFt lot. Built 1918
Listed 2024-07-01
Ⓧ USDA Ineligible
due to location

near Worcester

Are you looking to add to your portfolio? Well

Start here. This multi-unit building is in a perfect location, with easy access to local amenities and a residential setting. The first floor is a one-bedroom, one-bathroom unit with newer appliances. The second floor (in-law) is a one-bedroom, one-bathroom unit with newer appliances and a fnished attic area for more space.

In the rear of this building is another unit with two levels of living: one bed and two baths, granite counters and a new stove. The rear unit's partially finished ba sement area creates extra storage space.


Presented by Topp Realtors at
OWN IT, by Rickman Realty.


Property MLS #73259385 from MLSPIN

Bedrooms: 3

Total Rooms: 9
Basement Description: Full, Walk-Out Access, Interior Entry, Bulkhead, Concrete, Unfinished

Total Bathrooms: 4
Full Bathrooms: 4

Range
Refrigerator
Laundry Features: Electric Dryer Hookup

Heating Features: Forced Air, Oil, Electric
Heating: Yes

Flooring: Varies
Window Features: Insulated Windows

Balcony
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Covered Spaces: 1
Garage Spaces: 1
Parking Features: Off Street
Parking Total: 3

Lot Description: Gentle Sloping
Lot Size Acres: 0.1476125
Lot Size Square Feet: 6430

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 31200
Rent Includes: Unit 1(Electric, Water), Unit 2(Electric, Water), Unit 3(Water)

Number of Units: 3

Community Features: Shopping, Pool, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Annual Tax Amount: 4800
Source Listing Status: Active
County: Worcester
Directions: GPS
Tax Year: 2024
Source Property Type: Residential Income
Exclusions: Tenant Personal Belongings/ Washer Belongs To Tenant.
Insurance Expense: 2500
Parcel Number: M:28 B:008 L:00026, 1787987
Postal Code Plus 4: 1339
Zoning: RS-7
Property Subtype: Multi Family
Source System Name: C2C

Listed 2024-07-01
$525,000
MLSPIN
Sold 2020-06-30
$295,000
MLSPIN
Price Changed 2020-05-03
$289,900
MLSPIN
Listed 2020-04-26
$319,900
MLSPIN

Net Operating Income: 26593
Operating Expense: 4607

Electric: 100 Amp Service
Electric Expense: 250
Sewer: Public Sewer
for Electric Range
for Electric Oven
for Electric Dryer
Water Sewer Expense: 657
Water Source: Public

Year Built: 1918
Building Area Total: 2978
Building Area Units: Square Feet
Construction Materials: Frame
Foundation Details: Stone
Property Age: 106
Roof: Shingle
Levels or Stories: 6
Year Built Details: Actual
Year Built Source: Public Records

Heard Street is a public elementary school located approximately 0.4 miles away.
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Sullivan Middle School is a public middle school located approximately 0.9 miles away.
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South High Community is a public high school located approximately 1.1 miles away.
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Our Lady of the Angels Memorial Elementary School is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.