***AMAZING INVESTMENT OPPORTUNITY!*** This is a turn-key investment property with a cash on cash return of 16%! Great location in the Greendale Area set up on the hill overlooking Dodge Park. Currently both units occupied and getting $1500/each unit! Fully renovated from basement to roof. 3 bedroom 1 bath in each unit. Laundry in each unit. Nicely renovated with upgraded materials throughout to give it a more high end feel. There is virtually nothing left to do. This is a great investment for an owner occupant looking to have one of the units pay the mortgage or for an investor to add another property to their portfolio. This is a win win. See attached analysis report for full financial breakdown
Multi-familyProperty Type
1922Year Built
0.34 acresLot Size
$260Est. Price/Sq.Ft.
4 spacesParking
Listed by The Pro's Team• Keller Williams Realty Greater Worcester
Bought with Rebecca Scala• Coldwell Banker Residential Brokerage - Worcester - Park Ave.
FHA203K rehab loan available. GREAT OPPORTUNITY 4 Contractor/Investor/Owner Occupied. Great location! 2 Fam in Greendale area needs finishing. Property sits on a hill overlooking Dodge Park. Exterior remodeled from the ground up. Foundation completely repaired & restructured. BRAND NEW ROOF,SIDING,DOORS,WINDOWS,& DECKS. Interior completely framed out and needs finishing. Needs electric/plumbing/heating. NO DEMO REQ'D. Gen Contractor has complete plans and willing to work w/ buyers to finish.
Year
Property tax
Land + Additions
Assessment*
2023
$7,867 (+2.9%)
$103,500 + $445,100
$548,600
2022
$7,648 (+12.8%)
$82,800 + $420,000
$502,800
2021
$6,782 (+7.7%)
$66,200 + $350,400
$416,600
2020
$6,299 (−3.6%)
$66,200 + $304,300
$370,500
2019
$6,536 (+2.9%)
$59,700 + $303,400
$363,100
2018
$6,352 (+6.3%)
$59,700 + $276,200
$335,900
2017
$5,974 (+15.1%)
$59,700 + $251,100
$310,800
2016
$5,190 (+9.8%)
$44,500 + $207,300
$251,800
2014
$4,727 (+84.9%)
$44,500 + $197,400
$241,900
2013
$2,557 (+8.6%)
$48,900 + $88,700
$137,600
2012
$2,355 (−18.1%)
$48,900 + $89,800
$138,700
2011
$2,876 (+12.5%)
$90,200 + $88,900
$179,100
2010
$2,557 (−12.6%)
$86,500 + $82,300
$168,800
2009
$2,924
$75,800 + $140,800
$216,600
Tax history for 70 Randolph Rd
Year
Property tax
Land + Additions
Assessment*
2023
$7,867 (+2.9%)
$103,500 + $445,100
$548,600
2022
$7,648 (+12.8%)
$82,800 + $420,000
$502,800
2021
$6,782 (+7.7%)
$66,200 + $350,400
$416,600
2020
$6,299 (−3.6%)
$66,200 + $304,300
$370,500
2019
$6,536 (+2.9%)
$59,700 + $303,400
$363,100
2018
$6,352 (+6.3%)
$59,700 + $276,200
$335,900
2017
$5,974 (+15.1%)
$59,700 + $251,100
$310,800
2016
$5,190 (+9.8%)
$44,500 + $207,300
$251,800
2014
$4,727 (+84.9%)
$44,500 + $197,400
$241,900
2013
$2,557 (+8.6%)
$48,900 + $88,700
$137,600
2012
$2,355 (−18.1%)
$48,900 + $89,800
$138,700
2011
$2,876 (+12.5%)
$90,200 + $88,900
$179,100
2010
$2,557 (−12.6%)
$86,500 + $82,300
$168,800
2009
$2,924
$75,800 + $140,800
$216,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
—
Sq. Ft.
2,600
Year built
1922
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1783224
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: 4
Parking Features: Paved Drive, Off Street, Unpaved
Interior
Bathroom Information
# of Bathrooms (Full): 2
Basement Information
Basement: Full, Walk-Out Access, Concrete
Interior Features
# of Rooms (Total): 12
Door Features: Insulated Doors
Window Features: Insulated Windows
Flooring: Plywood
Interior Features: Kitchen, Living RM/Dining RM Combo
Unit #1 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 2,600
Foundation Area: 1,204
Foundation Details: Concrete Perimeter, Block
Construction Materials: Frame
Stories (Total): 2
Year Built Source: Public Records
Year Built Details: Actual,Renovated Since
Color: Tan
Lead Paint: None
Exterior Features
Roof: Shingle
Patio And Porch Features: Porch, Deck
Property Information
PropertySubType: 2 Family - 2 Units Up/Down
Lot Information
Lot Size (Acres): 0.34
Lot Features: Corner Lot, Sloped
ViewYN: Has View
View: City View(s), Scenic View(s)
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $2,355
Tax Year: 2012
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Location
Location Information
Directions: Burncoat to Randolph - Located on corner of Randolph and Dodge. Driveway off Dodge Ave
UnparsedAddress: 70 Randolph Rd, Worcester MA 01606
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, Public School
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,600
Stories: 2.0
Lot Size: 0.34 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1922
Year Renovated: —
County: Worcester County
APN: 1783224
Home facts updated by county records on Jul 21, 2023
Other
Listing Information
Exclusions: Tenants Personal Belongings
StandardStatus: Closed
Around this home
Schools
Wawecus Road School
Public K-6 • Assigned • 0.6mi
2/10
Burncoat Middle School
Public 7-8 • Assigned • 0.3mi
4/10
Burncoat Senior High School
Public 9-12 • Assigned • 0.3mi
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
3/10 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.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$642,000 – $777,000
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