ATTENTION INVESTORS! Well Maintained 7 unit property located on the westside of Worcester with excellent proximity to colleges; WPI, Worcester State University, MCPHS, along with Elm Park, Worcester Regional Airport, and downtown! Property is fully rented with a cap rate of 7.5% with room for growth! (6) 1-bedroom units and (1) single family 2-bedroom detached property behind with off street parking and a fully fenced in yard. All (6) 1-bedroom units have great sized layouts, high ceilings and a mixture of hardwood, tile, and vinyl flooring. Updates include; single family full interior remodel and roof (2022). Updates to 6 Unit building include; Exterior front porch and work on rear porches (2022), 40 gallon gas hot water heater (2021), new gas heater 2nd floor rear (2022), Common area paint (2023). All units have individual 100amp electrical panels along with a separate owner's panel.
5,000 Sq Ft
5,566 Sq Ft Exterior Space
Investment
$8,965 Annual Tax
Built in 1920
MLS/Listing ID 73146580
7 Stories
7 Units
Community - Shopping
Gas Water Heater
Range
Refrigerator
Stone
Hardwood
Laminate
Tile
Vinyl
Fenced
Cooling - Window Units
Construction - Frame
Community - Golf
Community - Park
Community - Public Transportation
Upgraded Countertops
Living Room/Dining Room Combo
Living Room
Slider
Washer and Dryer Hookup
Deck - Wood
Rubber
Shingle
Heating - Gas
Heating - Forced Air
Heating - Electric
Walk-in Closets
Lot - Level
Parking - Paved
Parking - Off Street
Porch
Community - Bike Path
Utility Connections for Gas Range
Utility Connections for Gas Oven
Screens
Deck
Ceiling Fans
Bathroom with Tub and Shower
Heating - Ductless Mini-Split System
Cooling - Ductless Mini-Split System
Community - Walk/Jog Trails
Community - University
Community - Public School
Community - Private School
Community - Medical Facility
Community - Laundromat
Community - House of Worship
Community - Highway Access
Source of Data: MLS PROPERTY INFORMATION NETWORK