Sold!
$615,000
0.64
Acres
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Property Description
Don't miss your chance to own this amazing 5 family home featuring a large yard the tenants adore, tons of parking, many recent updates, gas heat, large front porch, coin op laundry, newer windows, good roof, and much more. All tenants are great long term tenants, and there is little to do other than regular maintenance, making this one a plug and play cash flow opportunity with a 9 cap rate. Rents could be increased in time as well. This property has been extremely well maintained and is located is in a great location for an easy commute to the pike or downtown Worcester. This is literally one of the best investments I have seen in awhile if you don't want to deal with headaches or large capital project needs. See attached for income and expense data. Coin op income not included in income above. Property will be shown via group showings to minimize tenant disturbances. Call before this one is someones else wealth building asset!
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Highlights
- Area: Rochdale
- Property Class: Commercial Sale
- Status: Closed
- Parking Spots: 12
- Year Built: 1864
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Additional Details
- Zoning: Nb
- Zoning Description: Legal Conforming
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Fees / Taxes
- Buyer Agent Compensation: 1.00%
- Tax Year: 2024
- Facilitator Compensation: 1.00%
- Taxes: $5,369
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Listing information provided courtesy of RE/MAX Vision.
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