$695,000
5
Beds
3
Baths
2,926
Living Area
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Property Description
Opportunity to own a mixed-use multifamily property in Worcester’s BL-1 zone, just off I-190 at the Mountain St exit. This is 3-family building with two, 2-bedroom units, one, 1-bedroom unit, and an oversized 26'x26' detached heated garage generating additional income. Current rents total $5,350/month. Situated on a 10,360 SF lot with 8 off-street parking spaces. This property offers cash flow and future upside for investors, owner-users, or buyers seeking a commercially zoned location with excellent highway access. City water/sewer, natural gas, and convenient access to major routes, downtown Worcester, and area amenities make this a versatile and appealing asset. All units TAW. All units and garage separately metered gas & electric with owner panel. Water heaters circa 2022, 2023 & 2024. Recent improvements include repointing of the fieldstone foundation, per seller.
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Highlights
- Heating: Natural Gas
- Parking Spots: 10
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 15
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1925
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Concrete Perimeter, Stone, Irregular
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Bulkhead, Sump Pump, Concrete
- Exclusions: Personal Property
- Lot Features: Corner Lot, Cleared, Gentle Sloping
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Bl-1
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Amenities
- Covered Parking Spaces: 2
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $408,100
- Tax Year: 2025
- Total Rent: $5,350
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(None)
- Taxes: $7,993
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