108 Pilgrim Avenue

Worcester, MA 01604

$685,000
Last Sold Price
7
Beds
3
Baths
2,808 Sq. Ft.
$244 / Sq. Ft.
2,808
Sq. Ft.
$244
per Sq. Ft.

Description

Location! Location! Location! A fantastic investment opportunity. Each of the 3 units is equipped with a new hot water tank, and the property currently generates a solid $5,400 monthly rental income, with potential for higher returns. Set on a 6,000 sq.ft. lot with 2,208 sq.ft. of living space, it provides ample room for tenants. With plenty of parking on a quiet one-way street and a solid condition.making it perfect for investors looking to maximize cash flow. The generous number of rooms and bedrooms...Location! Location! Location! A fantastic investment opportunity. Each of the 3 units is equipped with a new hot water tank, and the property currently generates a solid $5,400 monthly rental income, with potential for higher returns. Set on a 6,000 sq.ft. lot with 2,208 sq.ft. of living space, it provides ample room for tenants. With plenty of parking on a quiet one-way street and a solid condition.making it perfect for investors looking to maximize cash flow. The generous number of rooms and bedrooms allows for flexible rental options, increasing potential rental income. This property is low-maintenance and ready for new ownership. The size and layout make it perfect for families or groups, further enhancing its rental appeal. Whether you're an experienced investor or new to real estate, this property presents a fantastic opportunity to build wealth through cash flow and property appreciation. Don’t miss out on securing an investment in a thriving area with solid growth potential!
  1. Listed by Zhichao Chen • Space Realty

Property Details for 108 Pilgrim Avenue

Town
Worcester
Area
MA-Worcester
Garage Spaces
1
Parking Spaces
6.00
Parking Spaces Total
7
LISTING UPDATED: 11/06/2024 12:10 PM

Property Details for 108 Pilgrim Avenue

StatusSold
MLS #73292311
Days on Market19
Taxes$7,198 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1965
CountyWorcester County

Building Information for 108 Pilgrim Avenue

Stories6Residences3Year Built1965Building Size-Lot Size0.14 AC / 6,000 SF

Property Information for 108 Pilgrim Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 2808.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Walk Out, Garage Access
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • SpaYN: No
  • Window Features: Insulated Windows, Storm Window(s)
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: M:18 B:014 L:00023,1780430
  • Assessments: $523,500
  • Book: 67355
  • Tax Year: 2024
  • Zoning: RG-5
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $64,800.00
  • Insurance: $2,600.00
  • GRE: $4,100
  • NOI: $60,700.00
  • Operating Expense: $4,100.00
  • WSE: $1,500.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 0
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 0
Rental Info
Rental Info
  • Total Actual Rent: $5,400.00

Property History for 108 Pilgrim Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 108 Pilgrim Avenue

Taxable ValueLand$107,900Additions$415,600Total$523,500
Tax Record2024$7,198 ($600 / month)
Home Facts
Baths3Total Finished SqFt2,208 SqFtAbove Grade Finished SqFt2,208 SqFtStories2Lot Size6,000 SqFtStyleTriplexYear Built1965ZoningRG-5CountyWORCESTERAPNWORC M:18 B:014 L:00023

Schools near 108 Pilgrim Avenue

This home is within Worcester School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - K to 6
Public - 7 to 8
Rating
School
Distance
Jacob Hiatt Magnet School
PublicPK to 6

Chandler Magnet School
PublicPK to 6

Rice Square School
PublicK to 6

Worcester East Middle School
Public7 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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Similar Sold Homes

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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. Offers of compensation are subject to change at the discretion of the seller. 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 Space Realty, Zhichao Chen

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.