399 Lake AvenueWorcester, MA 01604MLS Number 73101567

  • Price: $950,000
  • Est. Mortgage of $/month
  • 222 Days on Market
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Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
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399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604399 Lake Avenue Worcester MA 01604
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  • 8Bedrooms
  • 0.07Acreage
  • 5Bathrooms
  • 1920Year Built
Rare opportunity to own a five unit building in the sought-after Lake Park Area* Two studio units* Three 2 bedroom units* One studio unit just updated with fresh paint and new LVP flooring * three others updated within the last 10 years* Separate utilities* Water Views from all units* Great income and rental history with potential for increases* Potential 8 cap at market rents* 2 miles to UMASS Med School* Short walk to Quinsigamond State Park and beach* Quick access to schools, shopping, and major routes
Listed by David Stead of RE/MAX Partners

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More Info

Basic Information

  • Dual Variable Compensation YN Yes
  • Gross Income $79,464
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number M:41 B:004 L:58+59,1798326
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Road Frontage DescriptionPaved

Property

  • Acreage0.07

Interior

  • Flooring Wood, Varies Per Unit
  • Interior Features
    • Kitchen)
    • Kitchen)
    • Kitchen)
    • Kitchen)
    • Unit 1 Rooms(Living Room
    • Unit 1(Internet Available - Broadband)
    • Unit 2 Rooms(Living Room
    • Unit 2(Internet Available - Broadband)
    • Unit 3 Rooms(Living Room
    • Unit 3(Internet Available - Broadband)
    • Unit 4 Rooms(Living Room
    • Unit 4(Internet Available - Broadband)

Property Information

  • Building Area Source Public Records
  • Living Area 3,225
  • Lot Size Square Feet 2,996
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet3,225

Water Body

  • Miles to Beach0.5
  • Waterfront Features Beach Front, Lake/Pond, Walk to,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Tax Information

  • Tax Assessed Value $394,900
  • Tax Year 2023
  • Taxes$5,663

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms8
  • Full Bath5

Location

  • Address399 Lake Avenue
  • Building Number399
  • CountyWorcester
  • StateMA
  • StreetLake Avenue
  • TownWorcester
  • Zip01604

Exterior

  • RoofShingle

Utilities

  • Cooling Unit 1(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Cooling YN Yes
  • Electric Circuit Breakers,100 Amp Service, Individually Metered
  • Electric Expense 1800
  • Heat SystemYes
  • Heating
    • Gas)
    • Gas)
    • Unit 1(Forced Air
    • Unit 2(Gas)
    • Unit 3(Forced Air)
    • Unit 4(Forced Air
  • Sewer Public Sewer
  • Water Source Public

Legal

  • ZoningRL-7

Other

  • Buyer Agency Compensation2
  • Date Listed04/21/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2
  • View Count11

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces3

Basic Information

  • List Price$950,000
  • MLS Number73101567
  • Modification Date08/30/2023
  • Property SubType5-9 Family

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationStone
  • Garage Spaces
  • Rooms16
  • Stories9
  • Units5
  • Window Features Insulated Windows
  • Year Built1920
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Appliances IncludedUnit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator)
  • Other AmenitiesBasement, Beachfront, Golf, Lakefront, Tennis

Your Local Office

Foster-Healey Real Estate, Inc. (Leominster Office)

Foster-Healey Real Estate, Inc. (Leominster Office)

978-537-8301
50 Central Street,
Leominster, MA 01453
Our Agents

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN and its 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.

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