5 Massasoit Road

Worcester, MA 01604

$599,900
Price
4
Beds
2
Baths
1
1/2 Bath
4,112 Sq. Ft.
$146 / Sq. Ft.
4,112
Sq. Ft.
$146
per Sq. Ft.

Description

BACK ON MARKET; previous buyer unable to secure financing giving you a second chance at this great property! Entrepreneurs and investors, this one's for you! This mixed-use building in the heart of Worcester is a dynamic blend of commercial and residential space. A newly vacant commercial unit is a blank canvas; transform the space to suit your specific needs. Formerly utilized for food service so can be easily revamped for the same or redesigned into countless possibilities for a new venture. Bring...BACK ON MARKET; previous buyer unable to secure financing giving you a second chance at this great property! Entrepreneurs and investors, this one's for you! This mixed-use building in the heart of Worcester is a dynamic blend of commercial and residential space. A newly vacant commercial unit is a blank canvas; transform the space to suit your specific needs. Formerly utilized for food service so can be easily revamped for the same or redesigned into countless possibilities for a new venture. Bring your business plans to fruition while having the added bonus of an additional $3,575 revenue from the residential units above. Well-maintained, spacious 2 bedroom units have in-unit laundry and separate utilities. Location is second to none within close proximity to highway access, Polar Park, and colleges. Now is the time to seize this opportunity and make your mark!
  1. Listed by Jim Black Group • Real Broker MA, LLC
  2. Listed by James Black • Real Broker MA, LLC
  3. Listed by Kimberly Frasier • Real Broker MA, LLC

Property Details for 5 Massasoit Road

Town
Worcester
Area
MA-Worcester
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 11/15/2024 12:30 PM

Property Details for 5 Massasoit Road

StatusBack On Market
MLS #73266036
Days on Market48
Taxes$6,402 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1920
CountyWorcester County

Building Information for 5 Massasoit Road

Stories6Residences3Year Built1920Building Size-Lot Size0.09 AC / 4,053 SF

Property Information for 5 Massasoit Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Living Area: 4112.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Varies, Hardwood
  • Interior Features: Office/Den, Living Room, Dining Room, Kitchen
  • Interior Features: Window AC
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch
  • Lot Description: Corner Lot, Cleared, Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • View: City View(s)
  • View: Yes
  • Waterfront Features: Beach Front, Lake/Pond, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Cooling: Central Air, Window AC
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Forced Air, Electric, Natural Gas, Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: All measurements are approximate,buyer agent to confirm. Rent for Unit 1 (commercial space) is projected. Buyer/buyer agent to verify all info. Unit 2 lease ends 12/31/2024. Unit 3 lease ends 3/1/2025. Subject to obtaining a release from previous buyer.
Tax Information
  • Tax ID: M:34 B:001 L:00021,1792230
  • Assessments: $465,600
  • Book: 68130
  • Tax Year: 2024
  • Zoning: BL-1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 1
  • Cooling Zones: 1
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Electricity: $240.00
  • Annual Expenses Source: Estimated
  • GOI: $72,900.00
  • GRE: $9,738
  • MGF: $2,376
  • RME: $720
  • NOI: $63,162.00
  • Operating Expense: $9,738.00
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: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,075.00

Property History for 5 Massasoit Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5 Massasoit Road

Taxable ValueLand$130,200Additions$335,400Total$465,600
Home Facts
Total Finished SqFt4,550 SqFtAbove Grade Finished SqFt4,550 SqFtUnfinished Basement SqFt2,142 SqFtStories3Lot Size4,053 SqFtStyleOffice BuildingYear Built1920ZoningBL-1CountyWORCESTERAPNWORC M:34 B:001 L:00021

Schools near 5 Massasoit Road

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.

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5 Massasoit Road is a multi-family home for sale in Worcester, MA 01604. This property was listed for sale on July 17, 2024 by Real Broker MA, LLC, it's currently listed at $599,900. It has been on the market for a total of 48 days and was last sold on August 26, 2022. This listing's school district is Worcester School District. Nearby schools include Jacob Hiatt Magnet School, Chandler Magnet School and Rice Square School. 5 Massasoit Road is a 4-bed, 2.5-bath, 4,112 sqft multi-family home built in 1920.

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 Real Broker MA, LLC, Jim Black Group; Real Broker MA, LLC, James Black; Real Broker MA, LLC, Kimberly Frasier

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.