$929,900
9
Beds
6
Baths
4,112
Living Area
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Property Description
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.
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Highlights
- Area: Belmont Hill
- Parking Spots: 4
- Property Type: 3 Family
- Total Rooms: 18
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator
- Construction: Frame
- Flooring: Tile, Hardwood
- Interior Features: Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rg-5
- Basement: Full, Interior Entry, Unfinished
- Exterior Features: Balcony/Deck, Rain Gutters, Stone Wall
- Foundation: Block
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, University, Sidewalks
- Waterfront Features: Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $835,700
- Tax Year: 2025
- Total Rent: $7,850
- Rental Fee Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water)
- Taxes: $11,023
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