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4 Dean St

Worcester, MA 01609
  • $2,300,000
  • STATUS: Active
  • MLS #: 72989015
UPDATED: 228 min ago
$2,300,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 5,191
    SQFT
  • $443
    $/SQFT
Neighborhood:
Wpi
Type:
Multi-Family
Built:
1914
County:
Area:
Wpi

School Information

High School:
Listing courtesy of Karynsue Marchione-Reilly of Park Place Realty Enterprises.

Description

High Revenue Generated Income Property! This Rare Commercial/Residential Mixed Use Property is in the WPI Location and close to WSU, Assumption College, MCPH, (College Central), Courthouse and Union Station-Train Station. All Major Rtes. 290, 190, Rte 20, 146 &122 as well as Worcester Airport operated by Mass Port. A very well maintained 4 unit- the property currently generates $120,792.00 with an additional income available from a finished office space in lower level that is carpeted, HVAC, plastered walls and full tiled bathroom. The Commercial unit is leased by a Dental Office on 64 Highland Street with 3 yrs. remaining on the lease and an option to renew the Dental Office Lease. All 3 apartments are leased (TAW) and have wonderful tenants. Location is on the corner of Highland and Dean Street, Location is everything!!!Lead Paint Certificates available on all units! Dentist is triple net rent!

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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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-03T00:08:35.23.
www.gillachgroup.com/homes/129315858
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4 Dean St Worcester, MA 01609

  • Price: $2,300,000
  • Status: Active
  • On Site: Days
  • Updated: 228 min ago
  • MLS #: 72989015
5
Beds
5
Baths
1
½ Baths
0.16
Acres
5,191
SQFT
$443
$/SQFT
1914
Built
Neighborhood:
Wpi
County:
Worcester
Area:
Wpi
High School:
Doherty High
Property Description
High Revenue Generated Income Property! This Rare Commercial/Residential Mixed Use Property is in the WPI Location and close to WSU, Assumption College, MCPH, (College Central), Courthouse and Union Station-Train Station. All Major Rtes. 290, 190, Rte 20, 146 &122 as well as Worcester Airport operated by Mass Port. A very well maintained 4 unit- the property currently generates $120,792.00 with an additional income available from a finished office space in lower level that is carpeted, HVAC, plastered walls and full tiled bathroom. The Commercial unit is leased by a Dental Office on 64 Highland Street with 3 yrs. remaining on the lease and an option to renew the Dental Office Lease. All 3 apartments are leased (TAW) and have wonderful tenants. Location is on the corner of Highland and Dean Street, Location is everything!!!Lead Paint Certificates available on all units! Dentist is triple net rent!
Exterior Features

Beachfront No Color Graze Construction Frame Exterior Vinyl Exterior Features Handicap AccessProfessional LandscapingScreens Foundation Fieldstone Frontage 150.00 Lot Description CornerCity View(S)LevelScenic View(S) Parking Features Off-StreetOn Street PermitImproved DrivewayPaved Driveway Parking Spaces 8 Road Type PavedPublicly Maint. Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

Interior Features

Appliances Common WasherDryer Appliances Unit2 RangeDishwasherDisposalRefrigerator Appliances Unit3 RangeDisposalMicrowaveRefrigerator Appliances Unit4 RangeDishwasherDisposalRefrigerator Basement Yes Basement Features FinishedWalk OutInterior AccessConcrete FloorExterior Access Bedrooms Unit1 0 Bedrooms Unit2 3 Bedrooms Unit3 1 Bedrooms Unit4 1 Cooling Unit1 Central Air Cooling Unit3 Central Air Cooling Units 3 Cooling Zones 3 Energy Features Insulated WindowsInsulated Doors Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring TileWall To Wall CarpetHardwood Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Floors Unit4 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 1 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 5 Heat Zones 5 Heating Unit1 Forced AirGas Heating Unit2 Forced AirHot Water BaseboardGas Heating Unit3 Hydro Air Heating Unit4 Forced AirGas Hot Water ElectricTank Interior Features Common Walk-Up AtticTile FloorHardwood FloorsStone/Ceramic Tile Floor Interior Features Unit1 Handicapped EquippedLead Certification AvailableHardwood FloorsStone/Ceramic Tile Floor Interior Features Unit2 Cable Tv AvailableLead Certification AvailableTile FloorCrown MoldingHardwood FloorsUpgraded CabinetsUpgraded CountertopsBathroom With Tub & ShowerIntercomOpen Floor PlanWall To Wall CarpetStone/Ceramic Tile FloorInternet Available - Unknown Interior Features Unit3 Ceiling FansCable Tv AvailableCathedral/Vaulted CeilingsLead Certification AvailableHardwood FloorsUpgraded CabinetsUpgraded CountertopsBathroom With Tub & ShowerWall To Wall CarpetStone/Ceramic Tile Floor Interior Features Unit4 Ceiling FansCable Tv AvailableCathedral/Vaulted CeilingsLead Certification AvailableHardwood FloorsUpgraded CabinetsUpgraded CountertopsBathroom With Tub & ShowerIntercomOpen Floor PlanWall To Wall CarpetStone/Ceramic Tile Floor Levels 4 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 3 Rooms 26 Rooms Common Laundry Rooms Description Unit2 Living RoomDining RoomKitchenSunroom Rooms Description Unit3 Living RoomKitchenOffice/Den Rooms Description Unit4 Living RoomDining RoomKitchenFamily Room Rooms Unit1 11 Rooms Unit2 7 Rooms Unit3 3 Rooms Unit4 3

Property Features

Adult Community No Amenities Public TransportationShoppingParkHighway AccessPrivate SchoolPublic SchoolT-StationUniversity Apod Available Yes Assessments 359700.00 Disclosure Yes Electric Features Circuit Breakers100 Amps200 Amps Expenses Source Owner Provided Gross Operating Income 117600 Lead Paint NoneCertified Treated Lease Unit1 Y Lease Unit2 N Lease Unit3 Y Lease Unit4 N Lender Owned No Multifamily Type 4 Family - 4 Units Up/Down Net Operating Income 117600 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Description Unit4 Water Rent Unit1 4100 Rent Unit2 3000 Rent Unit3 1500 Rent Unit4 1300 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Office Below Has Been Completly Renovated With Full Bath-Storage And Hvac Sq Ft Includes Basement Yes Sq Ft Source Owner Tax Year 2022 Taxes 7775.00 Terms Seller W/Participate UFFI Unknown Utility Connections For Electric RangeFor Electric OvenFor Electric Dryer Warranty No Water City/Town Water Year Built Description Renovated Since Year Built Source Public Record Year Round Yes Zoning Bl-1

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Karynsue Marchione-Reilly of Park Place Realty Enterprises.


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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-03T00:08:35.23.
 
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The Gillach Group | William Raveis Real Estate
191 Grove Street
Chestnut Hill MA, 02467
Listing courtesy of Karynsue Marchione-Reilly of Park Place Realty Enterprises.