Property Attributes
- MLS#73197573
- TypeMulti-Family
- CountyWORCESTER
- CityWorcester
- Zip01604
- Style4 Family
- Year Built1920
- Taxes$ 7104
- Price$ 1,049,900
- Bedrooms9
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage5402
- Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
If you're looking for a mixed use property, look no further! Welcome to 94-96 Hamilton St; home of the Cosmopolitan bar and 4-unit multifamily. Current rents leave room to increase to reflect market rents and maximize profits. The units themselves have been very well maintained, hardwood floors scattered throughout, and are spacious 3-bedroom units. Updates include new heating system in 2022 in the bar building and vinyl replacement windows for the multi-family building. Located in the heart of the city with Polar Park just 1.5 miles away and easy access to 290 and Route 146. Four-unit building and bar business license & contents can be yours for a reasonable price! Don't miss out on this rare opportunity!
Price History | |
---|---|
1/30/2024 | Listed $1,100,000 |
3/12/2024 | 5% - $1,049,900 |
General Features
Interior Features | Living Room,Kitchen,Family Room |
---|---|
Sewer | Public Sewer |
Heating | None,Natural Gas |
Cooling | None |
Utilities | for Gas Range,for Electric Dryer,Washer Hookup |
Roof | Shingle |
Appliances | Range,Refrigerator |
Zoning | BL-1 |
Patio/Porch Features | Porch |
Construction Materials | Frame |
Year Built | 1920 |
Property SubType | 4 Family |
Tax Year | 2023 |
Gross Income | 172200 |
Community Features | Shopping,Park,Medical Facility,Highway Access,House of Worship |
County | Worcester |
Net Operating Income | 167720 |
Operating Expense | 4480 |
Insurance Expense | 4480 |
Property Type | Residential Income |
Garage Y/N | No |
Total Rooms | 20 |
Status | Active |
Directions | GPS |
City | Worcester |
Disclosures | Unit 4 is the bar (Cosmopolitan). Sale includes 4-unit multifamily and the bar. Gross income is combo of net income for bar & multi-family building. |
Senior Community Y/N | No |
Total Units | 4 |
Lot Size Square Feet | 4482 |
Waterfront Y/N | No |
Street Name | Hamilton St |
Year Built Details | Actual |
Tax Annual Amount | 7104.03 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Year Built Source | Public Records |
Tax Assessed Value | 495400 |
Total Actual Rent | 4350 |
Compensation Based On | Net Sale Price |
Sub-Agency Relationship Offered | No |
Interior Features
Flooring | Carpet,Varies,Laminate,Hardwood |
---|---|
Total Stories | 6 |
Air Conditioning Y/N | No |
Heating Y/N | No |
Fireplace Y/N | No |
Full Baths | 5 |
Laundry Features | Washer Hookup,Dryer Hookup,Electric Dryer Hookup |
Total Bedrooms | 9 |
Total Baths | 5 |
Exterior Features
Parking Features | On Street |
---|---|
Lot Features | Other |
Water Source | Public |
Lot Size Area | 0.1 |
Foundation Details | Other |
Spa | No |
Building Area Total | 5402 |
Lot Size Acres | 0.1 |
Road Surface Type | Paved |
Lot Size Units | Acres |
Road Frontage Type | Public |
Road Responsibility | Public Maintained Road |
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