$700,000
9
Beds
4
Baths
3,284
Living Area
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Property Description
This multi-family investment property offers a solid rental income potential with a prime location. With a total of 9 bedrooms and 4 bathrooms, this property has a spacious layout offering great flexibility. Investment Highlights: Strong rental demand in Worcester due to its proximity to local universities, healthcare institutions, and a growing downtown area. Recent updates and maintenance in common areas and individual units, ensuring lower immediate expenses for the new owner (see attached). Potential for significant cash flow with rent increases as property values in the area continue to rise. Well-maintained exterior and solid infrastructure.
-
Highlights
- Area: Green Hill
- Property Class: Residential Income
- Total Rooms: 20
- Status: Closed
- Parking Spots: 2
- Property Type: 3 Family - 3 Units Up/Down
- Year Built: 1923
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Additional Details
- Appliances: Dishwasher, Range, Refrigerator, Range Hood
- Construction: Frame
- Foundation: Block, Stone
- Lot Features: Level
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Rl-7
- Basement: Full, Concrete, Unfinished
- Flooring: Tile, Hardwood
- Interior Features: Living Room, Kitchen, Laundry Room, Dining Room
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, University
- Parking Features: Off Street, Paved
- Covered Parking Spaces: 2
- Security Features: Security System
-
Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $633,000
- Rental Fee Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water)
- Taxes: $8,704
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Total Rent: $5,840
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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 Century 21 North East.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.