13 Unit Multi Family: Great Investment Opportunity; Fully Occupied, Gross $ annually. Positive Cash Flow. Opportunity to raise rents. 27 Bedrooms, 13 baths, 50 Rooms. New Roofs, New Rear Decks, Recent boilers, each apartment separately metered for electric. Common hallways freshly painted, Letter of Lead Compliance all units. Updated vinyl windows through out building. Alarm system recently inspected. Many units have been renovated new paint, carpet, tile, light fixtures, updated kitchens and bathrooms, new appliances. Ample parking
Multi-familyProperty Type
1910Year Built
9,583 sq ftLot Size
$73Price/Sq.Ft.
13 spacesParking
Listed by James Glickman• NAI Glickman Kovago & Jacobs
Bought with James Glickman• NAI Glickman Kovago & Jacobs
Amazing updates to this great brick building just steps from Elm Park. Great cash flow and rental history. Ton's of updates including heating, electric, windows. Delead certificate on file. Full granite foundation, hardwoods, and so much more. Available with 72 Russell, the five unit sister building next door.
Public Records
Aug 18, 2005
Sold
$862,500
$68/sq ft
Public Records
Apr 16, 1986
Sold
$177,900
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$13,452 (+7.8%)
$69,500 + $868,600
$938,100
2022
$12,484 (+18.8%)
$55,600 + $765,200
$820,800
2021
$10,507 (+24.6%)
$54,000 + $591,400
$645,400
2020
$8,435 (−0.8%)
$54,000 + $442,200
$496,200
2019
$8,507 (−1.8%)
$59,400 + $413,200
$472,600
2018
$8,663 (+49.1%)
$59,400 + $398,700
$458,100
2017
$5,810 (−1.8%)
$59,400 + $242,900
$302,300
2016
$5,919 (+16.0%)
$54,000 + $233,200
$287,200
2014
$5,102 (+12.3%)
$27,900 + $233,200
$261,100
2013
$4,545 (+0.7%)
$27,600 + $217,000
$244,600
2012
$4,512 (−8.3%)
$27,600 + $238,100
$265,700
2011
$4,922 (−3.6%)
$74,100 + $232,400
$306,500
2010
$5,106 (+5.0%)
$74,100 + $262,900
$337,000
2009
$4,865
$107,300 + $253,100
$360,400
Tax history for 70-72 Russell
Year
Property tax
Land + Additions
Assessment*
2023
$13,452 (+7.8%)
$69,500 + $868,600
$938,100
2022
$12,484 (+18.8%)
$55,600 + $765,200
$820,800
2021
$10,507 (+24.6%)
$54,000 + $591,400
$645,400
2020
$8,435 (−0.8%)
$54,000 + $442,200
$496,200
2019
$8,507 (−1.8%)
$59,400 + $413,200
$472,600
2018
$8,663 (+49.1%)
$59,400 + $398,700
$458,100
2017
$5,810 (−1.8%)
$59,400 + $242,900
$302,300
2016
$5,919 (+16.0%)
$54,000 + $233,200
$287,200
2014
$5,102 (+12.3%)
$27,900 + $233,200
$261,100
2013
$4,545 (+0.7%)
$27,600 + $217,000
$244,600
2012
$4,512 (−8.3%)
$27,600 + $238,100
$265,700
2011
$4,922 (−3.6%)
$74,100 + $232,400
$306,500
2010
$5,106 (+5.0%)
$74,100 + $262,900
$337,000
2009
$4,865
$107,300 + $253,100
$360,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
16
Baths
8
Stories
4
Lot width
—
Lot depth
—
Lot size
4,356 Sq. Ft.
Year renovated
—
Sq. Ft.
5,828
Year built
1910
Style
Multi-Family (5+ Unit)
County
Worcester County
APN
1766876
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Property details
Parking
Parking Information
Parking Spaces: 13
Interior
Bathroom Information
# of Bathrooms (Full): 13
Interior Features
# of Rooms (Total): 50
Interior Features: Other
Unit #1 Information
Lease: Y
Unit #2 Information
Lease: Y
Exterior
Building Information
Building Area (Total): 12,616
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
Lead Paint: Certified Treated
Property Information
PropertySubType: 5+ Family - 5+ Units Up/Down
Lot Information
Lot Size (Acres): 0.22
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $4,639
Tax Year: 2016
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Elm to Russell
UnparsedAddress: 70-72 Russell, Worcester MA 01608
Community Information
Senior CommunityYN: No
Public facts
Beds: 16
Baths: 8.0
Sq. Ft.: 5,828
Stories: 4.0
Lot Size: 4,356 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1910
Year Renovated: —
County: Worcester County
APN: 1766876
Home facts updated by county records on Jul 21, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Elm Park Community School
Public PreK-6 • Assigned • 0.5mi
4/10
University Pk Campus School
Public 7-12 • Assigned • 1.4mi
4/10
Doherty Memorial High School
Public 9-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 11-17% chance 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 93° expected this year, 17 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 • 01608
Average low and high temperatures (°F)
30
17
33
19
49
29
59
39
67
49
78
59
82
64
78
58
73
54
62
44
49
35
36
22
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.