$318,000
●
Multifamily -
Off Market
103 Blackstone River Rd
Worcester, MA 01607
9 Beds
3 Baths
3,894 Ft²
$494,303
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
INVESTORS,LANDLORDS, HANDYMAN OWNERS, looking for a rental that can
have positive cash flow? Rents are currently very low compared to
current market due to family tenants. 1st & 2nd floor will be
vacant upon sale so you can set your own rents. Third fl. tenant is
tenant at will. Convenient commuter location close to Rt. 146, 290
& Mass. Pike. Home has been in the same family for over 47 years
and lovingly maintained. Many recent updates! Upgraded vinyl
windows, vinyl siding, roof re-shingled, all electrical has been
updated and separated for each unit. Bathrooms have all been
remodeled recently, as has some rooms through out the units. Some
cosmetic work is needed. Very large rooms. Eat-in kitchens with
butler's pantries that have been updated with new counters and
cabinets, dining rooms and living rooms, three bedrooms, and back
porch in each unit. Separated storage areas in unfinished basement
for each tenant as well. Storage shed outside for additional
storage. Two driveways.
Unit Size
3,894 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$83
Property Type
Multifamily
Property Taxes
$365
HOA Dues
-
Year Built
1890
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (MLSPIN #72376855)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2018 | Sold | ||
| Sold | |||
| Aug 9, 2018 | Listed by Dell Realty Inc. | $324,900 | |
| Listed by Dell Realty Inc. | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Mudroom, Unit 1(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Dryer, None, Unit 1(Refrigerator), Unit 2(Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Carpet, Unit 1(undefined), Unit 2(Wood Flooring)
Laundry Features: Washer Hookup
Rooms: 18
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Patio - Enclosed
Lead Paint: Unknown
Lot Features: Cleared, Level
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: ML-2
Parcel Number: M:31 B:021 L:00004, 1790280
Water Source: Public
Financial Details
Tax Assessed Value: $231,600
Tax Annual Amount: $4,380
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: None, Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: None, Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, University
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/03/2025
| |
9 Bed
|
3 Bath
|
3894 ft²
|
$410,000
9 Bed
3 Bath
3894 ft²
|
$430,000
+4.88%
12/11/2025
|
Mauricio Menezes
One Way Realty
|
|
08/09/2018
| |
9 Bed
|
3 Bath
|
3894 ft²
|
$324,900
9 Bed
3 Bath
3894 ft²
|
$325,000
+0.03%
12/03/2018
|
Alicia Anderson
EXIT Real Estate Executives
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017