Multi-Family for Sale: 45 Plantation St, Worcester, MA 01604 SOLD

8 beds
3 full baths
4,221 sqft
$770,000
$770,000
45 Plantation St, Worcester, MA 01604 SOLD
8 beds
3 full baths
4,221 sqft
$770,000
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Selling Price: $770,000
Original List Price: $749,000
Sold at 102.8% of list price
Sold Date: 12/04/2023

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Type Multi-Family
Beds 8
Total Baths 3 full baths
Square Feet 4,221 sqft
Garage Spaces 4
Lot Size 0.20 acres
Year Built 1915
City Worcester
County Worcester
MLS 73171181
Status Closed
DOM 48 days
**Offer deadline Tuesday, 6pm** This Grafton Hill 3-family property offers substantial income potential and is in excellent condition! The 1st floor has been thoroughly renovated with a new heating system, refinished floors, and wide open layout, plus a private back deck and a fenced turf enclosure for added outdoor space. The 2nd and 3rd floors each come with private balconies. The 4-car garage provides additional income opportunity, as does the huge room above that is heated with electricity. The house and garage roof are both just 2 years old. Each unit includes in-unit laundry and has heating. Almost all interior walls in the property have also been replastered, meaning very low maintenance. The 2nd and 3rd floors include a bonus front room that can be converted into 2 additional bedrooms. The property projects over an 8% cap rate with market rents, not including the additional garage & bonus room income. This renovated, low-maintenance property is a great opportunity!

Lot & Building Features

Appliances Unit 1(Range, Dishwasher, Refrigerat, Unit 2(Range, Dishwasher, Refrigerat, Unit 3(Range, Dishwasher, Refrigerat, Utility Connections Varies per Uni
Construction Frame
Cooling Unit 1(None), Unit 2(None), Unit 3(None)
Heating Unit 1(Central Heat, Forced Air,, Unit 2(Hot Water Radiators, Gas), Unit 3(Central Heat, Gas)
Sewer Public Sewer
Tax Year 2023
Taxes Paid $8,587
Water Public
Foundation Stone
Exterior Features Porch, Deck, Balcony, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Interior Features Unit 1(Upgraded Cabinets, Bathroom W, Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Roo, Unit 2 Rooms(Living Room, Dining Roo, Unit 3 Rooms(Living Room, Dining Roo
Roof Shingle
Full Baths 3
Parking Off Street, Paved Drive, Paved
Total Rooms 23
Basement Feature Concrete, Unfinished, Full
Garage Spaces 4
Waterfront 1 to 2 Mile To Beach, Lake/Pond, Beach Ownership(Public), Beach Front

Price History of 45 Plantation St, Worcester, MA

Date Name Price Difference
10/17/2023 Listing Price $770,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 45 Plantation St, Worcester, MA

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Photo of Terri Fraser
Terri Fraser
Associate Broker
Direct: 603-380-4809
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x12
Listed by Compass, Christopher Group
Sold by Mathieu Newton Sotheby's International Realty, Daniel Meservey
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6.75%
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Listing information courtesy of: Compass

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