Turnkey, fully renovated 3-family property in Worcester's desirable Belmont Hill neighborhood offering an exceptional opportunity for investors or owner-occupants. Currently generating $7,850/month ($94,200 annually) in rental income, w/additional income potential from a 2nd-floor coin-operated laundry room, off-street tandem parking, and landlord-controlled building-wide WiFi. Renovated to the studs in 2020, each spacious unit features 3 BR, 2 full baths, office/den space, updated kitchens w/SS appliances and granite countertops, and HW floors throughout. The property also includes a modern security camera system with remote monitoring. Major improvements include updated electrical and plumbing, new siding, roof, windows, porches, and retaining wall. Ideally located near UMass Memorial Medical Center, UMass Chan Medical School, shopping, dining, public transportation, and major highways. Strong cash flow w/minimal deferred maintenance makes this a rare turnkey investment opportunity.
4,112 Sq Ft
5,000 Sq Ft Lot Size
investment
$919 Monthly Tax
Built in 1910
MLS/Listing ID 73535603
3 Stories
3 Units
Porch
Insulated Windows
Community - Conservation Area
Community - Highway Access
Community - House of Worship
Community - Medical Facility
Community - Public School
Community - University
Community - Walk/Jog Trails
Balcony - Deck
Stone Wall
Bathroom with Tub and Shower
Living Room
Office/Den
Stone/Granite/Solid Countertops
Shingle
Microwave
Dishwasher
Community - Tennis Courts
Community - Sidewalks
Community - Shopping
Community - Public Transportation
Community - Park
Construction - Frame
Rain Gutters
Tile
Hardwood
Refrigerator
Range
Parking - Off Street
Parking - Paved
Lot - Gentle Sloping
Block
Public Water
Public Sewer
Lake/Pond
Beach Ownership - Public
0 to 1/10 Mile To Beach
TOTAL MONTHLY COST
$0
$0
$0