$2,900,000 Price Analysis    ♡   Worcester, MA 01609 39 bed 17 bath 17,410 SqFt ($166/SqFt) 0.45 acre lot. Built 1920 Listed 2023-10-02 | Ⓧ USDA Ineligible due to price & location near Worcester |
17 unit mixed use centrally located Worcester property consisting of 15 large residential units and 2 retail units!
3 contiguous buildings totaling 17, 410 SF on almost 1/2 acre corner lot with stop light. 17, 410 SF / 17 units / 30 car parking lot. Renovated apartments, rubber roof, sprinkler system, sprinkler monitoring system, 2020 boiler heating system.
22 year long-term owner with strong tenant relationships. Below market rents presents a strong opportunity to rase rents and grow NOI. Located 0.6 miles away from the new 9, 500 capacity Polar Park, home of the Red Sox AAA team.See attached offering memorandum for financials.
Presented by Patrick C. Sullivan at
Cameron Prestige, Llc.
Property MLS #73165649 from MLSPIN
Basement Description: Full, Partial, Interior Entry, Sump Pump, Dirt Floor, Concrete, Unfinished
Full Bathrooms: 17
Lot Size Acres: 0.45
Lot Size Square Feet: 19404
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Worcester
Directions: use gps
Tax Year: 2024
Source Property Type: Residential Income
Zoning: BG-3
Property Subtype: 5-9 Family
Source System Name: C2C
$2,900,000
MLSPIN
Listing removed 2023-08-13
$2,900,000
MLSPIN
Listed 2023-07-13
$2,900,000
MLSPIN
Building Area Total: 17410
Building Area Units: Square Feet
Property Age: 104
Levels or Stories: 15
Year Built Details: Actual
Year Built Source: Public Records
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.