$650,000
6
Beds
4
Baths
3,330
Living Area
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Property Description
Projected Monthly Rental Income: $6,925 when fully leased at estimated market rents, based on unit size, layout, and condition. Well-maintained four-unit multifamily offering a strong combination of income, leasing flexibility, and value-add potential. The property consists of two 2-Bedroom/1-Bathroom units and two 1-Bedroom/1-Bathroom units, all deleaded and featuring spacious, functional layouts with large living rooms and kitchens. Units #2 and #3 will be delivered vacant, offering flexibility for an owner-occupant or investor. Rents shown for these units reflect their most recent rental amounts. Projected market rents of $1,875, $1,850, $1,600, and $1,600 provide strong income potential. Four separate building entrances provide residents with added privacy and convenient access. A large unfinished attic with existing plumbing offers additional value-add potential, including the possibility of expanding Unit 4 from a 1-bedroom to a 3-bedroom unit, subject to required approvals and permitting.The roof is approximately 10 years old, with additional updates including plumbing, heating systems, windows, exterior stairs, and siding. Off-street parking and beautifully landscaped grounds further enhance the property.Conveniently located near Polar Park, Kelley Square, the Canal District, Quinsigamond Village, Route 146, the Mass Pike, shopping, and dining. A compelling Worcester multifamily offering two units to be delivered vacant, recent capital improvements, strong rental potential, and additional upside.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1910
- Parking Spots: 3
- Property Type: 4 Family
- Total Rooms: 14
- Status: Active
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Additional Details
- Appliances: Range, Microwave, Refrigerator
- Exterior Features: Rain Gutters, Garden
- Foundation: Block, Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Bl-1.0
- Basement: Full
- Flooring: Tile, Carpet, Varies, Laminate
- Interior Features: Living Room, Kitchen
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Private School, Public School, T-Station, University
- 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: $462,500
- Tax Year: 2025
- Total Rent: $6,775
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $6,100
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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 Bridgemont Realty LLC.
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