The Balestracci Group | Sutton Real Estate, Oxford Real Estate, Worcester Real Estate

57-59 Cutler St, Worcester, MA 01604  

Multi-Family
$724,900
Price
5
Units
4,800
Approx. GLA
Unique opportunity to own TWO multi-families on ONE lot! 57 Cutler Street has three spacious 3-bedroom units with laundry hookups, a new boiler for the 2nd floor installed in 2016, pantries, hardwood floors scattered throughout, and a personal porch for each unit. 59 Cutler St is a two-family each offering 2 bedroom units, a new deck, and a new sewer line. Both properties are fully rented allowing you to sit back and reap the benefits of your investment! Location, location, location; less than 5 minutes from Polar Park, Union Station, access to 290 shopping, and dining. Now is your chance to invest in one of the hottest zip codes in the country!
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Interior Access
List Price: $724,900
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 13
Baths: 5
Units: 5
Year Built: 1920
Year Round: Yes
Approx. GLA: 4,800
MLS#: 72851752
Interior
Basement: Yes
Electricity Cost: $554
Electric Features: Circuit Breakers
Heating Units: 5
Heating Zones: 5
Flooring: Varies Per Unit
Hot Water: Electric
Rooms: 22
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.16
Lot Size: 6,953.00
Lot Description: Cleared
Foundation: Fieldstone
Road Type: Public, Publicly Maint.
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $578,600
Taxes: $9,369
Tax Year: 2020
Book/Page: 9588/38
Beach
Beach: No
Expenses
Gross Income: $61,800
Gross Expenses: $10,033
Total Rent: $5,150
Net Income: $51,767
Insurance Cost: $5,332
Water Cost: $4,147
Additional
Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station
Disclosure Declaration: No
Disclosure: Public record does not display living area sq. footage; buyer agent to confirm. Annual water amount covers water & sewer. Electric is $204.64 for the front and $349.14 for the back
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 No 1 $1,200
Unit 2 5 3 0 2 1 0 No 1 $1,000
Unit 3 5 3 0 3 1 0 No 1 $1,000
Unit 4 4 2 1 2 1 0 No 1 $975
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range  Heating:  Hot Water Baseboard, Gas, Individual  Interior:  Pantry  Rooms:  Living Room, Dining Room, Kitchen, Laundry 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range  Heating:  Gas  Interior:  Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen, Laundry 
Unit 3
Rent Includes:  Water  Cooling:  None  Applicances:  Range  Heating:  Gas  Interior:  Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen, Laundry 
Unit 4
Rent Includes:  Water  Cooling:  None  Applicances:  Range  Heating:  Gas  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Common
Cooling:  None 
Map
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The listing office is eXp Realty and the listing agent is Jim Black Group. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. and it's 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. The data was last modified on 12/18/2018 2:44:00 PM.
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