$979,000
10
Beds
3
Baths
3,406
Living Area
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Property Description
Turnkey 3-family in a highly desirable Worcester location near WPI and the local college rental market. The building offers a strong unit mix with two spacious 4-bedroom units and one 2-bedroom unit, along with separate utilities to help minimize owner expenses. Unit 2 is leased through June 2027 at $3,000/month, and Unit 3 is leased through June 2027 at $2,000/month. Unit 3 was fully renovated in 2020, adding to the property’s appeal and rental strength. Unit 1 is currently vacant, creating an excellent opportunity for an owner-occupant to move in while collecting rental income from the other two units, or for an investor to rent the unit at a projected $3,000+/month. Well-maintained and easy to own, this property offers strong income potential, off-street parking, and a convenient location close to WPI, Worcester State, Assumption, Downtown Worcester, restaurants, shops, and area amenities. A great opportunity to own a solid, turnkey multi-family in a proven rental location.
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Highlights
- Area: Wpi
- Parking Spots: 9
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 18
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
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Additional Details
- Foundation: Stone
- SqFt Source: Owner
- Year Built Details: Actual
- Zoning: Rs-7
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Covered Parking Spaces: 1
- 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: $64,900
- Taxes: $8,563
- Tax Year: 2025
- Total Rent: $8,150
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