$2,100,000
24
Beds
10
Baths
10,308
Living Area
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Property Description
Turnkey, gut-renovated 8-unit multifamily producing approximately $20,300/month / $243,600/year. All units are 3-bedroom layouts, including two newly completed 3BR/2BA units, for a total of 24 bedrooms. Major updates include new plumbing, new electrical, a new sprinkler system and fire alarm systems, separate utilities, full insulation, renovated kitchens/baths, in-unit washer/dryer in each unit, and new appliances. Strong stabilized asset and perfect opportunity for a 1031 exchange buyer seeking current cash flow, scale, and modernised systems. Convenient Worcester location near highways, shopping, public transportation, and amenities.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1920
- Parking Spots: 7
- Property Type: 5-9 Family
- Total Rooms: 40
- Status: Closed
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Additional Details
- Basement: Unfinished
- Lot Features: Corner Lot
- Total Number of Units: 8
- Year Built Source: Public Records
- Foundation: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Bl-1
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,004,000
- Taxes: $15,196
- Tax Year: 2025
- Total Rent: $20,300
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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 Velney Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
