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Sold for $1,025,000 on 09/03/24
  • $1,025,000

    9 Mount Vernon St, Worcester, MA 01605

    12beds
    6,222sqft
    5-9 Family
    Built in 1927
    -- sqft lot
    $1,072,500 Zestimate®
    $165/sqft
    $2,313 Estimated rent

    Home value

    $1,072,500

    $976,000 - $1.18M

    $2,313/mo

    Zestimate® history
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    What's special

    This well-maintained 6-unit property is comprised of six spacious 2-bedroom/1-bathroom units, totaling 6,222 sq ft of living space. Notably, all units are separately metered for heat, hot water, and electricity. A new roof has been recently installed, and all units hold lead certificates. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of nearly $9,900 monthly. The property is centrally located, placing it is less than a mile from WPI and a short drive from all downtown amenities. It is directly across from Grant Square Park, offering 1.7 acres of recreational area. List price is a 7.73 cap rate on current.

    Zillow last checked: 8 hours ago

    Listing updated: September 05, 2024 at 06:16am

    Listed by:

    Ethan Lazar 617-910-1219,

    Horvath & Tremblay 781-776-4000,

    Dennis Kelleher 781-776-4002

    Bought with:

    Ethan Lazar

    Horvath & Tremblay

    Source: MLS PIN,MLS#: 73214513

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 6,222
    • Total interior livable area: 6,222 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Lot
    • Size: 6,834 sqft
    • Features: Sloped
    Details
    • Parcel number: 1762066
    • Zoning: RG-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Stone
    • Roof: Rubber
    Condition
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Medical Facility, Highway Access, University
    Location
    • Region: Worcester

    HOA & financial

    Other financial information
    • Total actual rent: 9895

    Price history

    DateEventPrice
    9/3/2024Sold$1,025,000-6.8%$165/sqft
    Source: MLS PIN #73214513
    3/20/2024Listed for sale$1,100,000+31.9%$177/sqft
    Source: MLS PIN #73214513
    5/14/2021Sold$834,000+77.4%$134/sqft
    Source: MLS PIN #72811451
    6/15/2017Sold$470,000-6%$76/sqft
    Source: Agent Provided
    3/27/2017Pending sale$499,900$80/sqft
    Source: RE/MAX Advantage 1 #72093614

    Public tax history

    Tax history is unavailable.

    Find assessor info on the county website

    Neighborhood: 01605

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,072,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,072,500