Address
94-96 Hamilton St, Worcester, MA
Price
$ 1,049,900
Property Attributes
- MLS#73197573
- TypeMulti-Family
- CountyWORCESTER
- CityWorcester
- Zip01604
- Style4 Family
- Year Built1920
- Taxes$ 7104
- Price$ 1,049,900
- Bedrooms9
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage5402
- Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
If you're looking for a mixed use property, look no further! Welcome to 94-96 Hamilton St; home of the Cosmopolitan bar and 4-unit multifamily. Current rents leave room to increase to reflect market rents and maximize profits. The units themselves have been very well maintained, hardwood floors scattered throughout, and are spacious 3-bedroom units. Updates include new heating system in 2022 in the bar building and vinyl replacement windows for the multi-family building. Located in the heart of the city with Polar Park just 1.5 miles away and easy access to 290 and Route 146. Four-unit building and bar business license & contents can be yours for a reasonable price! Don't miss out on this rare opportunity!
| Price History | |
|---|---|
| 1/30/2024 | Listed $1,100,000 |
| 3/12/2024 | 5% - $1,049,900 |
General Features
| Interior Features | Living Room,Kitchen,Family Room |
|---|---|
| Sewer | Public Sewer |
| Heating | None,Natural Gas |
| Cooling | None |
| Utilities | for Gas Range,for Electric Dryer,Washer Hookup |
| Roof | Shingle |
| Appliances | Range,Refrigerator |
| Zoning | BL-1 |
| Patio/Porch Features | Porch |
| Construction Materials | Frame |
| Year Built | 1920 |
| Property SubType | 4 Family |
| Tax Year | 2023 |
| Gross Income | 172200 |
| Community Features | Shopping,Park,Medical Facility,Highway Access,House of Worship |
| County | Worcester |
| Net Operating Income | 167720 |
| Operating Expense | 4480 |
| Insurance Expense | 4480 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Total Rooms | 20 |
| Status | Active |
| Directions | GPS |
| City | Worcester |
| Disclosures | Unit 4 is the bar (Cosmopolitan). Sale includes 4-unit multifamily and the bar. Gross income is combo of net income for bar & multi-family building. |
| Senior Community Y/N | No |
| Total Units | 4 |
| Lot Size Square Feet | 4482 |
| Waterfront Y/N | No |
| Street Name | Hamilton St |
| Year Built Details | Actual |
| Tax Annual Amount | 7104.03 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 495400 |
| Total Actual Rent | 4350 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Flooring | Carpet,Varies,Laminate,Hardwood |
|---|---|
| Total Stories | 6 |
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Full Baths | 5 |
| Laundry Features | Washer Hookup,Dryer Hookup,Electric Dryer Hookup |
| Total Bedrooms | 9 |
| Total Baths | 5 |
Exterior Features
| Parking Features | On Street |
|---|---|
| Lot Features | Other |
| Water Source | Public |
| Lot Size Area | 0.1 |
| Foundation Details | Other |
| Spa | No |
| Building Area Total | 5402 |
| Lot Size Acres | 0.1 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01604
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information 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 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
The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than NextHome Soundings Realty are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor NextHome Soundings Realty shall be responsible for any typographical errors, misinformation, or misprints and shall
