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Sold

45 Plantation St

45 Plantation St, Worcester, MA 01604

$770,000
**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!

8
beds

3
baths

4,221 Sq.Ft. LIVING AREA

8,550 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms3
  • full bathrooms3
  • Laundry room Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
  • Flooring Tile, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors, Stone/Ceramic Tile Floor), Unit 3(Tile Floor, Hardwood Floors, Stone/Ceramic Tile Floor)
  • APPLIANCES Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer,Vent Hood), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer,Vent Hood), Unit 3(Range,Dishwasher,Refrigerator,Washer,Dryer), Utility Connections Varies per Unit
  • other interior Features Unit 1(Upgraded Cabinets, Bathroom With Tub Shower, Open Floor Plan, Slider), Unit 2(Bathroom With Tub Shower), Unit 3(Bathroom With Tub Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Mudroom), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room), Unit 3 Rooms(Living Room, Dining Room, Kitchen, Family Room)

Area & Lot

  • Status Sold
  • Living Area4,221 Sq.Ft.
  • Lot Area8,550 Sq.Ft.
  • MLS® ID73171181
  • TypeMulti-Family
  • YEAR BUILT1915
  • NeighborhoodGrafton Hill, Worcester
  • Water Frontage['Beach Front', 'Lake/Pond', '1 to 2 Mile To Beach', 'Beach Ownership(Public)']
  • View DescriptionCity View(s)

Exterior

  • STORIES6
  • Garage Space4.0
  • water SourcePublic
  • utilitiesVaries per Unit
  • roofShingle
  • lot featuresGentle Sloping
  • parkingPaved Drive, Off Street, Paved
  • HEAT TYPEUnit 1(Central Heat, Forced Air, Gas), Unit 2(Hot Water Radiators, Gas), Unit 3(Central Heat, Gas)
  • AIR CONDITIONINGUnit 1(None), Unit 2(None), Unit 3(None)
  • sewerPublic Sewer
  • SubstructureStone
  • other exterior FeaturesPorch, Deck, Balcony, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck

Financial

  • Sales Price$770,000
  • Real Estate Tax $8,587/yr
  • Zoning RG-5

Grafton Hill, Worcester

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