Rare 10-building, 30-unit multifamily portfolio in Worcester's desirable West Side, steps from WPI. Offered at $9,900,000 (7.1% cap, $330K/unit). Stabilized 2026-2027 gross income of $1,065,600 with NOI of $699,282. Unit mix includes 2BR-5BR apartments plus 4 garage spaces across 10 three-unit buildings. Most units have undergone extensive renovations and are in good condition. Student-driven tenant base provides consistent, scheduled annual turnover aligned with the academic calendar, keeping vacancy near zero. Located on Worcester's West Side — the city's most stable and desirable rental submarket — commanding higher rents than other areas. WPI (5820+ students, US News #82) drives reliable off-campus housing demand. Worcester County multifamily transaction volume hit $710M in 2025 with cap rates compressing to 7.2%. Portfolio available as a single transaction. Full Offering Memorandum attached to MLS
9,999 Sq Ft
2.3 Private hektar Partistørrelse
investering
86 074 USD Årlig skatt
Bygget i 9999
MLS/Oppførings-ID 73488551
5 Historier
30 Enheter
Lot - Corner Lot
Blokker
Betongperimeter
Parking - Paved
TOTAL MÅNEDLIG KOSTNAD
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