Property Attributes
- MLS#73165649
- TypeMulti-Family
- CountyWORCESTER
- CityWorcester
- Zip01609
- Style5-9 Family
- Year Built1920
- Taxes$ 34166
- Price$ 2,900,000
- Bedrooms39
- Full Bathrooms17
- Half Bathrooms0
- Sqr Footage17410
- Lot Size0.45 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
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 raise 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.
Price History | |
---|---|
10/2/2023 | Listed $2,900,000 |
General Features
Sewer | Public Sewer |
---|---|
Zoning | BG-3 |
Year Built | 1920 |
Property SubType | 5-9 Family |
Tax Year | 2024 |
Gross Income | 88800 |
County | Worcester |
Net Operating Income | 88800 |
Property Type | Residential Income |
Garage Y/N | No |
Total Rooms | 80 |
Status | Active |
Directions | use gps |
City | Worcester |
Disclosures | Listing agent is the property owner |
Senior Community Y/N | No |
Total Units | 17 |
Lot Size Square Feet | 19404 |
Waterfront Y/N | No |
Street Name | Chandler |
Year Built Details | Actual |
Tax Annual Amount | 34166 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Year Built Source | Public Records |
Tax Assessed Value | 6000000 |
Total Actual Rent | 18000 |
Compensation Based On | Net Sale Price |
Sub-Agency Relationship Offered | Yes |
Interior Features
Basement | Full,Partial,Interior Entry,Sump Pump,Dirt Floor,Concrete,Unfinished |
---|---|
Total Stories | 15 |
Fireplace Y/N | No |
Full Baths | 17 |
Total Bedrooms | 39 |
Total Baths | 17 |
Exterior Features
Lot Features | Corner Lot |
---|---|
Water Source | Public |
Total Parking | 30 |
Lot Size Area | 0.45 |
Foundation Details | Other |
Spa | No |
Building Area Total | 17410 |
Lot Size Acres | 0.45 |
Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool