Turn key 2-family near UMASS Medical Campus and a stone's throw to beautiful Lake Ave Park!! Perfect for either owner-occupied or for an investor who is tired of pouring money into fixer-uppers. Investors take note - this is a fully rented and FULLY APPLIANCED property with great tenants. The location and condition make these apartments easy to rent - on a quiet dead-end street off Lake Ave in Worcester - less than a mile from UMASS Medical School and close to shopping, parks, major routes, and more! This property also features a flat, partially fenced-in backyard, LAUNDRY in BOTH units (newer, stackable washer/dryer units INCLUDED in price), hardwood floors, eat-in kitchens with pantries, built-in china cabinets, fireplaces, enclosed front and back porches lined with knotty pine, parking for 4 cars, updated electrical and plumbing, newer energy-efficient hot water tanks, vinyl replacement windows, large basement for storage, and more! Do NOT miss out on this one.
Multi-familyProperty Type
1910Year Built
5,114 sq ftLot Size
$245Est. Price/Sq.Ft.
4 spacesParking
Listed by Joanna King• Tangney Properties
Bought with Dina Raneri• Keller Williams Realty Westborough
Pride of 1 family ownership in this great 2 family w/ 4 yr young roof * hardwood fls * eat-in kitchen w/pantry * updated windows * Dining rms w/ built-in china cabinet * recently updated electric * recently painted exterior * brick fireplace living rms * Level mostly fenced yard * Close to UMASS Medical School, Lake Park, MA Transit Station, Rt 9, Rt 20, Rt 290, Mass Pike * Furance maintainence warranty transferable to buyer * Knotty-pine lined porch & entrance way.
Year
Property tax
Land + Additions
Assessment*
2023
$6,358 (+8.3%)
$86,100 + $357,300
$443,400
2022
$5,873 (+16.1%)
$68,900 + $317,200
$386,100
2021
$5,060 (+6.8%)
$55,100 + $255,700
$310,800
2020
$4,736 (−0.5%)
$55,100 + $223,500
$278,600
2019
$4,761 (+2.3%)
$49,600 + $214,900
$264,500
2018
$4,652 (+5.1%)
$49,600 + $196,400
$246,000
2017
$4,426 (+4.2%)
$49,600 + $180,700
$230,300
2016
$4,248 (+28.9%)
$36,900 + $169,200
$206,100
2014
$3,296 (+9.8%)
$36,900 + $131,800
$168,700
2013
$3,003 (+8.4%)
$40,600 + $121,000
$161,600
2012
$2,771 (−6.6%)
$40,600 + $122,600
$163,200
2011
$2,966 (+3.6%)
$56,700 + $128,000
$184,700
2010
$2,863 (−14.7%)
$56,700 + $132,300
$189,000
2009
$3,357
$71,800 + $176,900
$248,700
Tax history for 1 Othello Rd
Year
Property tax
Land + Additions
Assessment*
2023
$6,358 (+8.3%)
$86,100 + $357,300
$443,400
2022
$5,873 (+16.1%)
$68,900 + $317,200
$386,100
2021
$5,060 (+6.8%)
$55,100 + $255,700
$310,800
2020
$4,736 (−0.5%)
$55,100 + $223,500
$278,600
2019
$4,761 (+2.3%)
$49,600 + $214,900
$264,500
2018
$4,652 (+5.1%)
$49,600 + $196,400
$246,000
2017
$4,426 (+4.2%)
$49,600 + $180,700
$230,300
2016
$4,248 (+28.9%)
$36,900 + $169,200
$206,100
2014
$3,296 (+9.8%)
$36,900 + $131,800
$168,700
2013
$3,003 (+8.4%)
$40,600 + $121,000
$161,600
2012
$2,771 (−6.6%)
$40,600 + $122,600
$163,200
2011
$2,966 (+3.6%)
$56,700 + $128,000
$184,700
2010
$2,863 (−14.7%)
$56,700 + $132,300
$189,000
2009
$3,357
$71,800 + $176,900
$248,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.