Sold!
$995,000
6
Beds
6
Baths
5,328
Living Area
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Property Description
This well-located 6-unit property at 19 Ward Street in Worcester, Massachusetts, consists of six 2-bedroom/1-bathroom units, totaling 5,328 sq. ft. of living space on a 0.08-acre parcel. Each unit is separately metered for heat, hot water, and electricity, with all utilities paid directly by the tenants. The property also benefits from a roof that is less than five years old and has lead certificates for all units.Three of the six units have been extensively renovated, featuring new kitchens with granite countertops and stainless steel appliances, updated bathrooms, and new flooring. There is an opportunity to increase rents in both the renovated units and through targeted upgrades to the remaining unrenovated units to a property already boasting a monthly rent roll of $9,350. Listed at an 8.13% cap rate, this property represents a strong investment opportunity in the growing Worcester market.
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Highlights
- Levels: 5
- Property Type: 5-9 Family
- Total Rooms: 24
- Status: Closed
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Foundation: Brick/Mortar
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rg-5
- Lot Features: Level
- Total Number of Units: 6
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $598,400
- Taxes: $8,228
- Tax Year: 2024
- Total Rent: $6,300
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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.
