$1,000,000
11
Beds
4/2
Baths
4,320
Living Area
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Property Description
Buyer finances fell through. This turnkey 4-unit multi-family in Worcester, MA, is ideal for traveling nurses and medical professionals. With a total of 11 bedrooms and 5 bathrooms, it is perfect for short-term and medium-term rentals. Located near UMass Memorial, St. Vincent Hospital, and major employers, the property is already being successfully operated as a short-term and medium-term rental. Its prime location offers easy access to hospitals and highways, making it an excellent option for Airbnb, Furnished Finder, or corporate stays. With strong income potential and the opportunity for fully furnished rentals, this is a smart investment for investors looking for cash flow and stable leases. The property is also a great fit for long-term rentals, with projected monthly rental income in the range of $9,000 to $10,000. Each unit has separate utilities, providing additional ease of management and value for long-term tenants. Schedule a tour today.
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Highlights
- Heating: Baseboard
- Parking Spots: 10
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 24
- Status: Closed
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1890
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Additional Details
- Appliances: Range, Microwave, Refrigerator
- Construction: Frame, Brick, Stone
- Interior Features: Living Room, Kitchen, Dining Room
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rg-5
- Basement: Full
- Foundation: Brick/Mortar, Granite
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $650,000
- Taxes: $8,938
- Tax Year: 2024
- Total Rent: $12,100
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