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180 Ingleside Ave, Worcester, MA 01604

Multi-Family

$699,900
Price

5
Units
5,940
Approx. GLA
**MULTIPLE OFFER SITUATION HIGHEST & BEST MONDAY 21st-12 PM** ...AMAZING TURNKEY INVESTMENT PROPERTY! 180 INGLESIDE AVE -Beautifully maintained 5 unit multi-family! A gem located in a very desirable location, corner lot, large off-street parking for 10 cars. Rents are below market!! Potential for additional $13,000+ in rental income! Roof was replace 2005! Sheetrock is behind the paneling in units***This complex could be converted to a 6 unit with a bit of creativity* Coin operated washers & dryers in complex provide extra income! Fully De-lead Certified ***Low maintenance with this property** Surveillance camera ** Fenced in yard! Be a part of everything Worcester has to offer right now with 10 colleges, 3 hospitals, cultural venues with The Hanover Theater and Ecotarium, sports with Railers hockey & the baseball with the Bravehearts and RED SOX, & many great restaurants. The rates are amazing & the multi-family market is HOT !! Close to UMASS, 290, Rt 146 Rt 20 and more!
Open House
No scheduled Open Houses
Highlights
Basement Features: Partially Finished, Interior Access
List Price: $699,900
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Side by Side
Status: Under Agreement
Beds: 10
Baths: 5
Units: 5
Year Built: 1965
Year Round: Yes
Approx. GLA: 5,940
MLS#: 72726217
Interior
Basement: Yes
Electricity Cost: $2,875
Electric Features: Circuit Breakers
Rooms: 20
Lead Paint: Certified Treated
Total Floors: 2
Exterior
Water: No
Acres: 0.20
Lot Size: 8,851.00
Lot Description: Corner, Paved Drive
Foundation: Poured Concrete
Parking Spaces: 10
Parking Features: Off-Street
Color: TAN
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Oven
Exterior Features: Gutters, Screens, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $403,400
Taxes: $6,858
Tax Year: 2020
Book/Page: 36020/90
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $58,140
Gross Expenses: $10,674
Net Income: $26,040
Insurance Cost: $4,000
Sewer Cost: $2,533
Water Cost: $1,266
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
Exclusions: Info for the Buyers: Gas line is at the street & heating & hot water heaters can be converted to GAS
Disclosure Declaration: No
Disclosure: Will see 2 out of the 5 units..All units are similar in layout & condition. Complex it totally de-leaded with compliance papers in hand. 1- water heater is rented-BUYER NEEDS TO PERFORM ALL DUE DILIGENCE AT BUYERS EXPENSE & TO VERIFY ALL LISTING INFO. LISTING AGENCY/AGENT DOESN'T WARRANT LISTING
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 2 1 0 Yes 1 $825
Unit 2 4 2 0 2 1 0 No 1 $950
Unit 3 4 2 0 1 1 0 1 $900
Unit 4 4 2 0 1 1 0 Yes 1 $1,150
Units Extras
Unit 1
Rent Includes:  Hot Water  Applicances:  Range, Refrigerator  Heating:  Electric Baseboard  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Hot Water  Applicances:  Range, Refrigerator  Heating:  Electric Baseboard  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Hot Water  Applicances:  Range, Refrigerator  Heating:  Electric Baseboard 
Unit 4
Applicances:  Range, Refrigerator  Heating:  Electric Baseboard  Rooms:  Living Room, Kitchen 
The listing office is HJRealty Group, LLC and the listing agent is Joy Rapsomanikis. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Joy Rapsomanikis
Joy Rapsomanikis
Realtor
HJ Realty Group, LLC



HJ Realty Group, LLC   Joy Rapsomanikis, Realtor
HJ Realty Group, LLC
1062 Pleasant St • Worcester, MA 01602 Map it
Direct: 508-207-5960 • Phone: 508-207-5960 
Cell: 508-207-5960 • Fax: 508-401-2539
hjrealty@gmail.com

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