The DiRoberto Team
RE/MAX Advantage I | 508-459-5522 | [email protected]

274 Shrewsbury St, Worcester, MA 01604

East Worcester

Commercial

$799,999
Price
$765,000
Sale Price

1
Buildings
Commercial
Type of Comm.
2,536.00
Lot Size
This property is in the hottest area in Worcester. SHREWSBURY STREET!! Close to everything that's happening in the Heart of Worcester's East Side. MBTA commuter rail, Shrewsbury Street's Restaurant Row, the new and improved downtown City Square, and much more, are all within walking distance. This is not your typical three family with commercial. This house was obtained by area contractors and completely gutted in 1994. The ground floor business space has always been rented with little vacancy. The business pays the full commercial portion of the real estate tax bill. There are two handicap accessible baths in the business. The building apartments are always in demand and also maintain an almost non existent vacancy rate. Current residential rents are below market for this area. A new roof was installed in May/June of 2017. The daily traffic count is 15200. Lead certificates are on file from 1994.This is a home run. The first showing is group style on Thursday, May 17, 2018 at 11 am.
Highlights
Lot Size: 2,536.00
Acres: 0.06
Sale Price: $765,000
Settled Date: 8/29/2018 12:00:00 AM
Area/Village: East Worcester
List Price: $799,999
Type: Commercial
Type of Comm.: Commercial
Status: Sold
Restrooms: 4
Stories: 4
Buildings: 1
Total Units: 4
Units: 4
Total Sq. Ft.: 5,828
Year Built: 1920
Approx. GLA: 5,828
Sub Dividable: U
MLS#: 72326333
 
 
Interior
Elevator: No
Exterior
Acres: 0.06
Space Dividable: Unknown
Easements: Unknown
Expandable: No
Handicap Access: Unknown
Lot Size: 2,536.00
Parking Features: Street
Railroad Siding: No
Roof Material: Shingle
Site Condition: Improved
Sprinklers: Unknown
Traffic Count: 15,200
Underground Tank: Unknown
Location: Urban
Utilities: Public Water, Public Sewer
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $237,500
Condo Assoc.: No
Assessed Land Value: $77,500
Exchange: No
Gross Annual Expenses: $12,249
Gross Annual Income: $75,600
Taxes: $10,719
Tax Year: 2018
Lien and Encumbent: Unknown
Book/Page: 17800/116
Sublet: No
Plat Plan: No
Special Financing: Unknown
Survey: Unknown
Total Assesed Value: $315,000
Zone Description: Legal Non-Conforming, Other (See Remarks)
 
 
Features
Retail Sq. Ft.: 1,736
Retail Units: 1
Residential Sq. Ft.: 4,092
Residential Units: 3
 
 
Additional
Exclusions: Tenant personal property. Business property.
Disclosure Declaration: No
Disclosure: Average daily traffic count comes from MA DOT year 2000. Lead paint reports was done in 1994.
For Lease: Yes
Space Available: For Sale
Map
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The listing office is Quinsigamond Realty and the listing agent is Michael Madulka. The property listing data and information, or the images, 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, 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. MLS Property Information Network, Inc. and it's 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. The data was last modified on 10/19/2018 4:35:00 PM.
 
The DiRoberto Team