Beautiful, one of a kind property on Indian Lake with its own dock. New decks this year built with composite boards and vinyl railings. Nice, updated apartments with granite counter tops and quality cabinets, finishes, etc. Each apartment has a slider door to their own deck with amazing views. Low maintenance property with long term tenants. Great location in a quiet neighborhood with easy highway access. All apartments are deleaded. All units have electric heat paid by the tenants. Off street parking for 10 cars. Large backyard and storage shed. Could be turned into condos. Currently bringing in $86,352 in gross rent with room for increases. Detailed property report with income/expense information available upon request.
LAKEFRONT PROPERTY - LOCATION, LOCATION, LOCATION!! This very solid 6-family located on Indian Lake is one of a kind!! Fully occupied with very low to no vacancy rates, this property is a great $$$ maker! All units have a balcony to the back yard overlooking the beautiful view of the lake. Each unit is separately metered and tenants pay for all utilities and a coin operated washer/dryer is located in basement for tenant convenience. Rents are higher than market rate but with room for increase. Each unit has 2 assigned parking and is conveniently located near I-190, I-290, Goldstar Blvd, Greendale Mall, shopping, restaurants, and public transportation. BONUS: Property comes with condo conversion documentations ready to be separated as condos for sale!
Year
Property tax
Land + Additions
Assessment*
2023
$11,995 (+7.8%)
$75,240 + $761,200
$836,440
2022
$11,132 (+5.7%)
$99,180 + $632,700
$731,880
2021
$10,533 (+20.9%)
$99,180 + $547,800
$646,980
2020
$8,709 (−0.8%)
$99,200 + $413,100
$512,300
2019
$8,782 (−2.1%)
$78,000 + $409,900
$487,900
2018
$8,973 (−1.6%)
$78,000 + $396,500
$474,500
2017
$9,120 (−2.7%)
$78,000 + $396,500
$474,500
2016
$9,373
$113,400 + $341,400
$454,800
Tax history for 45 Proctor
Year
Property tax
Land + Additions
Assessment*
2023
$11,995 (+7.8%)
$75,240 + $761,200
$836,440
2022
$11,132 (+5.7%)
$99,180 + $632,700
$731,880
2021
$10,533 (+20.9%)
$99,180 + $547,800
$646,980
2020
$8,709 (−0.8%)
$99,200 + $413,100
$512,300
2019
$8,782 (−2.1%)
$78,000 + $409,900
$487,900
2018
$8,973 (−1.6%)
$78,000 + $396,500
$474,500
2017
$9,120 (−2.7%)
$78,000 + $396,500
$474,500
2016
$9,373
$113,400 + $341,400
$454,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
9
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Sq. Ft.
5,148
Year built
1971
Style
Multi-Family (5+ Unit)
County
Worcester County
APN
1775145
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 10
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 6
Basement Information
Basement: Finished
Interior Features
# of Rooms (Total): 29
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 2
Unit #4 Information
# of Levels: 1
# of Floors: 2
Exterior
Building Information
Building Area (Total): 5,148
Foundation Details: Concrete Perimeter
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Actual
Lead Paint: None
Property Information
PropertySubType: 5-9 Family
Has Waterview
Dock/Mooring, Lake, Private
Lot Information
Lot Size (Acres): 0.2
ViewYN: Has View
View: Scenic View(s)
WaterfrontYN: Yes
Road Surface Type: Paved
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $8,972
Tax Year: 2018
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: West Boylston St. to Merrill Rd. to Proctor St.
UnparsedAddress: 45 Proctor, Worcester MA 01606
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Highway Access, Marina, Sidewalks
Public facts
Beds: 9
Baths: 6.0
Sq. Ft.: 5,148
Stories: 2.0
Lot Size: 8,712 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1971
Year Renovated: —
County: Worcester County
APN: 1775145
Home facts updated by county records on Jul 21, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Francis J McGrath Elementary School
Public PreK-6 • Assigned • 0.8mi
5/10
Forest Grove Middle School
Public 7-8 • Assigned • 0.5mi
4/10
Burncoat Senior High School
Public 9-12 • Assigned • 1.0mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Worcester, MA • 01606
Average low and high temperatures (°F)
32
18
35
20
50
31
61
40
68
51
80
61
84
66
80
60
74
56
63
45
51
36
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.