45 Hollywood St, Worcester, MA, 01610 | $749,999

Do not miss the opportunity to own this expansive 3 story, multi-family home in the Clark University Area! This home will be perfect as an owner-occupied property or as an investment with great cashflow! Generating around $60k gross income annually with great potential for more, this doesn't even include the vacant first floor, which was last generating $25k annually alone! All three units have beautiful original hardwood floors throughout, brick fireplaces in 1st and 2nd floor units and all welcome lots of natural light. Roof was replaced in 2007(30 year roof), 2 new water heaters in 2023, new GAS boiler in 2023 and many replaced windows. Huge basement offers more opportunities for extra space and storage. Property includes fenced-in private back yard and 2 balconies! The property qualifies for the University Park Partnership Scholarship!

Features

  • Amenities: Public Transportation, Shopping, Sidewalks
  • Rooms: 16
  • Bedrooms: 6
  • Baths: 3 full
  • Units: 3
  • Year Built: 1890
  • Basement: Full, Bulkhead, Unfinished
  • Approx Sq. Feet: 4,020
  • Acreage: 0.17
  • Est. Taxes: $6,494
  • Lot Desc: Level
  • Appliances: Range, Refrigerator, Washer, Dryer
  • MLS#: 73298992
  • Website: https://www.raveis.com
    /prop/73298992/45hollywoodst_worcester_ma?source=qrflyer
The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Natalia Case courtesy of ERA Key Realty Services- Fram   Phone: 508-879-4474

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

45 Hollywood St, Worcester, MA, 01610

$749,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $599,999 $599,999 $599,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.490% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.654% 5.752%
Monthly Tax Payment $541 $541 $541
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,792 $3,788 $4,899
Total Monthly Payment $4,425 $4,421 $5,532

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.