Multifamily

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5 Massasoit Rd
Worcester, MA 01604

  • 4 beds
  • 2.5 baths
  • 4,550 sqft
  • 4,053 sqft lot
  • $109 per sqft
  • 1920 build
  • on site

First floor is tenant at will and has rented space for approx 19 years. Second and third floor apts have 2 bedrooms each, new heating systems (2019) and coin op washer/dryers in units. These are large apartments featuring eat in kitchen, separate dining and living rooms. Buyer to verify with city, but they seem like perfect apartments to turn into 3 bedroom units for increased rental revenue. Tenants pay their own utilities. Vinyl sided for low maintenance exterior. Minimum yard to maintain. Zoned BL-1. Residential 2nd and 3rd floor units certified on MA state database as no lead paint hazard found.

Listing courtesy of MLSPIN / Joseph Abramoff / Real Living Barbera Associates | Worcester

Last checked: Checking… • Last updated Jun 18, 2021 •

MLS# 72700509 —

Amenities & Taxes

The Building

Year Built:
1920
Year Built Source:
Public Record
Year Built Description:
Approximate
Yes
Basement:
Basement Feature:
Unfinished Basement
Foundation:
Fieldstone
Levels:
3
Number of Units:
3
Square Feet:
4550
Square Feet Source:
Public Record

Interior

Total Levels:
3
Total Rooms:
13
Total Floors:
6
Number of Rooms:
13
Total Rooms:
12
Lead Paint:
Unknown

Financial & Terms

Price Per SqFt:
$109.89
Price Per SqFt:
$109.89
Assessed Value:
$299,800
Status:
Under Agreement

Location

Directions:
corner of Massasoit and Grafton. Also known as 488 Grafton St.
Longitude:
-71.780350
Latitude:
42.250610

The Property

Property Type:
Multi-family
Lot Description:
Gentle Slope
Approximate Acres:
0.09
Approximate Lot Size:
4,053 Sqft
Parcel Nr:
M:34 B:001 L:00021
Beachfront Flag:
No
Zoning:
Bl 1

Listing Agent

Contact info:

Taxes

Tax ID:
1792230
Tax Year:
2020
Taxes:
$7,548

Beds

Total Bedrooms:
4

Baths

Total Bathrooms:
4
Full Bathrooms:
2
Half Bathrooms:
1
Full Baths:
2
Half Baths:
1
Half Baths:
1

The Listing

Short Sale Approved:
No
Buyer's Brokerage Compensation:
2%

Utilities

Water:
City/Town Water
Sewer:
City/Town Sewer

The Community

Adult Community:
No
Amenities:
Shopping

Extra Units

Unit 1 Rooms:
1
Unit 2 Rooms:
6
Unit 2 Bedrooms:
2
Unit 2 Full Baths:
1
Unit 3 Rooms:
6
Unit 3 Bedrooms:
2
Unit 3 Full Baths:
1

Schools

Rating Details

Worcester East Middle School

  • Public
  • 6-8
  • 0.2 mi

Rice Square Elementary School

  • Public
  • K-8
  • 0.2 mi

North High School

  • Public
  • 9-12
  • 1.0 mi

Jacob Hiatt Magnet School

  • Public
  • K-8
  • 1.6 mi

University Park Campus Middle School

  • Public
  • 6-12
  • 2.3 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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Sale history

Date Event Source Price % Change
6/15/21
Pending MLSPIN $499,999
1/11/21
Sold Subject To Contingencies MLSPIN $499,999
11/30/20
Price Changed MLSPIN $499,999 -5.5%

Finding records…

No additional history available

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