CCertihomes
19 Ward Street, Worcester, MA 01610

$1,100,000

12 beds 6 baths 5,336 sqft Built 19004 days on marketActive

About this home

Welcome to this incredible multi-family investment opportunity. Being just steps outside of Kelley Square and Downtown Worcester, the location of this property is everything. This area of Worcester is one of the fastest developing in Massachusetts. Hundreds of residential rentals are being developed within a mile of these units. Stand on the front porch and see the potential it has to offer in real time. 19 Ward Street is made up of 6 two-bedroom/1 bath units. Three units have been beautifully renovated, and rent has been stabilized. The other three units are in good condition but not renovated, creating an opportunity for an investor to add value and increase gross rental income. Clark University, Holy Cross and WPI are a few of the multiple colleges within 2-3 miles of the property. Polar Park is a newer addition the area which has brought entertainment, retail, restaurants and jobs to the area. New security camera system.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,444/mo

Real estate (PITI + HOA + PMI)
$7,313
Principal + interest$4,989
Property tax + insurance$1,911
PMI / 2nd mortgage$413
Utilities
$649
Heating + cooling$179
Internet + TV + phone$125
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$125
$7,444/mo TLC
Budget$7,944/mo
Remaining after TLC$500/mo
Purchase price
$1,100,000
Down payment
$55,000 (5%)
Loan amount
$1,045,000
APR
4%

Quick facts

Type
5-9 Family
Style
Year built
1900
Lot size
0.08 ac
Stories
9
Heating
Electric, Natural Gas
Cooling
Water
Public
HOA
Annual tax
$8,474
MLS #
73223598
County
Worcester

At a glance

Basement
Dishwasher

Home features

Appliances
RangeDishwasherMicrowaveRefrigeratorFreezer
Interior
StorageMudroomKitchenFamily Room
Community
Public TransportationShoppingMedical FacilityLaundromatHighway AccessPublic SchoolT-StationUniversity
Flooring
Vinyl, Carpet, Laminate
Roof
Shingle
Sewer
Public Sewer

Lot features

Level

Neighborhood — 01610

MetricThis ZIPCountyUSA
Population21,3946,444,931299,088,112
Population Change Since19900.00%7.00%20.00%
Population Density10,321786
Male10,6413,127,134147,432,321
Female10,7523,317,797151,655,844
Never Married8,7081,612,88563,775,926
Married4,7212,586,314123,120,365
Separated1,942247,85712,639,686
Widowed902363,59415,467,586
Divorced1,258436,88823,075,029
Number Of House Hold6,7412,431,591111,826,380
Average House Hold Size2.642.562.60
Medial Age24.4237.2535.46
Median House Hold Income$32,014$57,698$48,276
Average House Hold Income$41,424$75,023$63,629
P C I$15,498$29,196$24,529
M D I$28,501$48,105$41,133
A T H E$38,638$57,083$50,898
S T R5.00%5.00%
W C J82.20%81.38%77.74%
(Zip) Code
1610

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/12/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.