Unit Information
This well-located 5-unit property consists of one 4-bedroom/1-bathroom unit and four 1-bedroom/1-bathroom units, totaling 3,780 sq. ft. of living space. Each unit is separately metered for heat, hot water, and electricity. Additionally, there is ample off-street parking for tenants. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $8,020 monthly. Listed at an 8.2% cap rate, this property represents a valuable investment in the growing Worcester market.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5-9 Family
- Zip Code: 01603
- Living Levels: 11
- Parking
- Parking: Off Street
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 11
- Total Rooms: 21
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$850,000
- Listing ID: 73296404
- Bedrooms: 8
- Full Baths: 5
- Living Area: 3,780 sqft Convert
- Lot Size: 7,200 sqft Convert
- Acres: 0.17
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |