Collins & Demac Real Estate

95 Fairmont Ave, Worcester, MA 01604

Multi-Family

$625,000
Price

6
Units
5,427
Approx. GLA
Fully occupied neat brick building with off street parking in high demand area. All tenants at will. Seller working on lead certificates for all units. Coin operated washers (2) and dryers (2) in basement for additional $150/ month income. See MLS #72371783 for additional units nearby.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Partially Finished, Interior Access, Concrete Floor
List Price: $625,000
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Active
Beds: 11
Baths: 6
Units: 6
Year Built: 1945
Year Round: Yes
Approx. GLA: 5,427
MLS#: 72371785
 
 
Interior
Basement: Yes
Electricity Cost: $1,248
Electric Features: Individually Metered
Flooring: Tile, Wall to Wall Carpet
Energy: Storm Windows
Hot Water: Tankless
Rooms: 28
Lead Paint: Unknown
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Acres: 0.29
Lot Size: 12,500.00
Lot Description: Paved Drive, Level
Foundation: Poured Concrete
Foundation Size: 67' x 27'
Parking Spaces: 12
Parking Features: Off-Street, Common, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: Brick
Construction: Brick
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Brick
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: $347,600
Taxes: $6,573
Tax Year: 2018
Book/Page: 58748/116
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $53,700
Gross Expenses: $12,005
Total Rent: $4,475
Net Income: $28,104
Gas Cost: $1,560
Refuse Cost: $1,488
Water Cost: $2,400
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Disclosure Declaration: No
Disclosure: Broker Does Not Guarantee The Accuracy of Square Footage, Lot Size or Other Information Concerning The Condition or Features of The Property Provided By The Seller or Obtained From Public Records or Other Sources & The Buyer Is Advised to Independently Verify the Accuracy of All Information.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $725
Unit 2 3 1 0 1 1 0 No 1 $675
Unit 3 4 2 0 1 1 0 No 1 $775
Unit 4 4 2 0 1 1 0 No 1 $750
Units Extras
Unit 1
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard  Rooms:  Living Room, Kitchen 
Common
Applicances:  Washer, Dryer  Rooms:  Laundry 
Map
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The listing office is Collins & Demac Real Estate and the listing agent is Jeanne Pandiani. 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 8/15/2018 2:35:00 PM.
 
Jeanne Pandiani
Jeanne Pandiani
REALTOR®, Broker Associate
Collins & Demac Real Estate