72 FranklinWorcester, MA 01608

  • Mixed-use properties
  • 28,300 SF
Off market
$2,231,230 Estimated

Property Details for 72 Franklin

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.22 AC
Property size (Sq ft)
28,300 SF
Zone code
BG-6
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
WORC M:03 B:012 L:00005
APU
WORCM03B012L00005

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,678,836
    6.5%
    $4,318,925
    7%
    $4,010,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,697,678
    Geo Method
    $3,697,678
  • Alternative Use

    Use
    Valuation
    Residential
    $5,355,467
    Hospitality
    $4,905,579
    Educational
    $4,081,384
    Medical
    $4,221,749
    Retail
    $6,348,820
72 Franklin, Worcester, Massachusetts

Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.261
Longitude
-71.8007
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
-
$148,200
$2,742,500
$2,890,700
-
-
-
-

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