115 Lakewood Street

Worcester, MA 01603

$789,900
Price
6
Beds
4
Baths
2,589 Sq. Ft.
$305 / Sq. Ft.
2,589
Sq. Ft.
$305
per Sq. Ft.

Description

Investment property opportunity in Mill St. area of Worcester! One unit will be vacant 8/1 for owner occupants. Located on a nice corner lot ,close to Worcester State, Clark University, Holy Cross and The Worcester Airport! Enjoy views of Coes Reservoir; walk to Coes Pond Beach! Minutes from RT 9, & I-290. 4 units total, two 1 bedroom units and two 2 bedroom units. Unit 1R on the 1st floor has been completely renovated, all new vinyl flooring, granite counters, new lighting, walls and ceiling as...Investment property opportunity in Mill St. area of Worcester! One unit will be vacant 8/1 for owner occupants. Located on a nice corner lot ,close to Worcester State, Clark University, Holy Cross and The Worcester Airport! Enjoy views of Coes Reservoir; walk to Coes Pond Beach! Minutes from RT 9, & I-290. 4 units total, two 1 bedroom units and two 2 bedroom units. Unit 1R on the 1st floor has been completely renovated, all new vinyl flooring, granite counters, new lighting, walls and ceiling as well as electrical devices. Unit 1L has updated flooring. Individually metered units. Completely new, large paved driveway with parking lot space for 6 cars. Updates include : new roof, some new siding and fascia, separate meter electrical and exterior lighting. The porches and deck have been replaced. This property is turn key! One unit will be vacant for 8/1.
  1. Listed by The Riel Estate Team • KW Pinnacle Central
  2. Listed by Nathan Riel • KW Pinnacle Central

Property Details for 115 Lakewood Street

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of KW Pinnacle Central, The Riel Estate Team; KW Pinnacle Central, Nathan Riel
Add your commute
LISTING UPDATED: 06/06/2024 08:52 AM

Property Details for 115 Lakewood Street

StatusActive
MLS #73235781
Days on Market33
Taxes$5,920 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1870
CountyWorcester County

Location

Listing Courtesy of KW Pinnacle Central, The Riel Estate Team; KW Pinnacle Central, Nathan Riel
Add your commute

Building Information for 115 Lakewood Street

Stories6Residences4Year Built1870Building Size-Lot Size0.20 AC / 8,921 SF

Payment Calculator

$4,804 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,311

Property Taxes

$493

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115 Lakewood Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University
  • Living Area: 2589.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Remodeled, Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck, Deck - Wood
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck, Deck - Wood
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Natural Gas, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: All measurements are approximate,buyer agent to verify. All info deemed reliable but not guaranteed; buyer's agent to do their due diligence. Tenant at Will for all units Listed rents begin: Unit 1- Vacant 8/1 projected Unit 2 Aug 1st,Unit 3-Current Unit 4-current
Tax Information
  • Tax ID: M:08 B:039 L:00002,1770399
  • Assessments: $412,800
  • Book: 70352
  • Tax Year: 2023
  • Zoning: RL-7
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone, Irregular
Income / Expenses
  • GOI: $56,400.00
  • NOI: $56,400.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,100.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 115 Lakewood Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 115 Lakewood Street

Taxable ValueLand$48,300Additions$364,500Total$412,800
Tax Record2023$5,920 ($493 / month)
Home Facts
Baths4Total Finished SqFt2,524 SqFtAbove Grade Finished SqFt2,524 SqFtUnfinished Basement SqFt1,182 SqFtStories2Lot Size8,921 SqFtStyleMulti-Family Res (5+ Units)Year Built1870ZoningRL-7CountyWORCESTERAPNWORC M:08 B:039 L:00002

Schools near 115 Lakewood Street

This home is within Worcester School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - 6 to 8
Rating
School
Distance
Jacob Hiatt Magnet
PublicPK to 6

Chandler Magnet
PublicPK to 6

Gates Lane
PublicPK to 6

Sullivan Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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115 Lakewood Street is a multi-family home for sale in Worcester, MA 01603. This property was listed for sale on May 9, 2024 by KW Pinnacle Central, it's currently listed at $789,900. It has been on the market for a total of 33 days and was last sold on March 12, 2020. This listing's school district is Worcester School District. Nearby schools include Jacob Hiatt Magnet, Chandler Magnet and Gates Lane. 115 Lakewood Street is a 6-bed, 4-bath, 2,589 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of KW Pinnacle Central, The Riel Estate Team; KW Pinnacle Central, Nathan Riel

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.