Sold!
$870,000
8
Beds
5
Baths
3,780
Living Area
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Property Description
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.
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Highlights
- Heating: Forced Air
- Property Class: Residential Income
- Total Rooms: 21
- Status: Closed
- Parking Spots: 5
- Property Type: 5-9 Family
- Year Built: 1930
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Additional Details
- Foundation: Brick/Mortar
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Rl-7
- Lot Features: Sloped
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public School
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $545,700
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $8,020
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,503
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
