$770,000
10
Beds
5
Baths
4,661
Living Area
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Property Description
Located in the heart of Worcester, this unique investment opportunity offers immense potential for value-add and future growth. The property features two separate buildings and an on-site parking lot, a rare find. Currently configured with two-bedroom, one-bathroom units, this property holds the potential for a six-family conversion (subject to necessary approvals), making it an ideal prospect for investors or developers. The roof on Building 2 was replaced approximately 10 years ago, offering a solid foundation for further improvements. Situated in a vibrant community with easy access to local amenities, transportation, and Worcester's bustling downtown scene, this property is perfectly positioned for future upside. Whether you're looking to expand your portfolio or create housing in a prime location, this property presents a compelling canvas for your vision.
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Highlights
- Heating: Natural Gas
- Parking Spots: 11
- Property Type: 5-9 Family
- Total Rooms: 23
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1890
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer
- Construction: Frame
- Foundation: Irregular
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rg-5
- Basement: Full
- Flooring: Wood, Tile, Vinyl, Carpet
- Interior Features: Pantry, Storage, Living Room, Dining Room, Kitchen, Laundry Room
- Roof: Shingle, Slate
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Covered Parking Spaces: 1
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $781,400
- Taxes: $10,744
- Tax Year: 2024
- Total Rent: $4,580
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Listing information provided courtesy of Real Broker MA, LLC.
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