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SOLD 1/29/2016

71 Russell, Worcester, MA 01609$345,000

14
beds
6
baths
6316
ft2
· 4580
ft2 lot
$55 / ft2

Listing provided courtesy of Listing Broker: Daniel Gladek, EXIT Realty Partners
Source MLS PIN;
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This is the one investors have been waiting for! Fully occupy building next to Elm park and near WPI College. 5 units are rented out to charity that works with section 8! 100% occupy guaranteed! Coin up washer and dryer in the basement for additional income!

HOA

$—/month

On market

2 months

Year built

1900

Property type

5 9 Family

Parking

MLS

71929965

Price / Sq.Ft.

$55 / ft2

Status

Sold

Home details for 71 Russell

Interior Features & Layout
Interior Features
•   
Electric Details: 110 Volts
•   
Energy Details: Insulated Windows, Storm Windows
•   
Interior Features: Cable TV Available, Tile Floor, Hardwood Floors, Bathroom With Tub & Shower
Rooms Info
•   
Common Rooms: Laundry
•   
Total Levels: 3, 9, 5
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 1, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 5
•   
Total Rooms Unit 2: 5
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 4
•   
Total Rooms: 22, 26, 22
Appliances
•   
Hot Water: Natural Gas
•   
Common Appliances: Range, Refrigerator
Flooring
•   
Unit 4 Floor Level: 2
•   
Flooring: Tile, Wall to Wall Carpet, Hardwood
Virtual Tour
•   
Virtual Tour: 1
Bedrooms Info
•   
Total Beds: 14
•   
Unit 4 Beds: 2
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 3
•   
Unit 1 Beds: 3
Bathrooms Info
•   
Full Baths: 6, 6
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Heating & Cooling
•   
Heating Details: Central Heat, Hot Water Baseboard, Steam, Gas
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 6
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Private School, Public School, University
Lot Info
•   
Zoning: RG-5
•   
Lot Description: Fenced/Enclosed, Level
•   
Acres: 0.11
Exterior Features
•   
Building Exterior Details: Aluminum
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Concrete Block
•   
Roof: Rubber
•   
Year Built Description: Actual
•   
Water/Sewer Built: 2000
•   
Lead Paint: Certified Treated, Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Concrete Floor, Unfinished Basement
Parking Info
•   
Parking Descriptions: Other (See Remarks)
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 5723, City/Town Sewer
Utilities
•   
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Dryer, Washer Hookup
•   
Electric: 700
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 3879
•   
Fin Code: Conv. Fixed
•   
Finances Source: Owner Provided
•   
Apod Available
Listing Info
•   
Offline Listing Number: 2198231
•   
Status: Sold
Lease Info
•   
Gross Revenue: 12302
•   
Gross Income: 70320
•   
Net Operating Income: 47158
•   
Monthly Rent Unit 1: 1025
•   
Monthly Rent Unit 2: 1215
•   
Monthly Rent Unit 3: 905
•   
Lease 1
•   
Monthly Rent Unit 4: 905
•   
Lease 2
•   
Lease 3
•   
Lease 4
•   
Total Rent: 5860
Listing Details
•   
Disclosures: Seller have never occupy property. All info to be verify by buyer and buyers agent.
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 300000.00
•   
Taxes: 6021.00
•   
Apn: M:06 B:002 L:00017
Listing Contacts
•   
Selling Agent: TM002206
School Neighborhood & Directions
Location
•   
Street Number: 71
•   
Map Book: 40755
•   
Area: WPI
•   
Map Page: 239
•   
Directions: GPS
•   
Road Type: Public, Paved, Publicly Maint., Sidewalk
Other
Other
•   
Main So: K95491
Calculation
•   
Price Per Sqft: 54.62
•   
List Price Per Sqft: 58.58
•   
Sold Price Per Sqft: 54.62
•   
Cdom Property: 185
•   
Cdom Broker: 65
•   
Cdom Previous Property: 120
•   
Cdom: 65

Neighborhood snapshot

19
Properties for sale
18
Median days on market
$203.56
Median sold price/sqft
103.85%
Sold/List %
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Property History for 71 Russell

01/30/2016
01/30/2016
MLS PIN #71929965
sold
MLS PIN #71929965
$345,000

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