$925,000
9
Beds
3/1
Baths
5,920
Living Area
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Property Description
Rare opportunity to add a mixed-use income producer to your Worcester portfolio! Located in the heart of Shrewsbury Street’s restaurants and shops this fully occupied 4 unit boasts a solid CAP Rate. Convenient Proximity to downtown, Union Station and only seconds off rt290. Three residential units, each with three beds, bath, living room, kitchen, pantry with laundry hookup and private balcony/patio. One commercial street level unit with additional office space and storage, as well as an attached garage/ loading dock (not part of current commercial lease). Visibility from 290 and Shrewsbury Street. Electrical and plumbing updated within last several years, separately metered units, all rents are up to date.
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Highlights
- Cooling: Central Air, Window Unit(s)
- Heating: Central, Wall Unit, Electric
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
- Has View: Yes
- Parking Spots: 2
- Property Type: 4 Family - 4 Units Up/Down
- Year Built: 1920
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Additional Details
- Appliances: Range, Refrigerator
- Exclusions: Tenants Personal Belongings.
- Flooring: Tile, Vinyl
- Interior Features: Pantry, Bathroom With Tub, Upgraded Cabinets, Upgraded Countertops, Office/Den, Living Room, Kitchen, Laundry Room
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Details: Actual
- Zoning: Rg-5
- Construction: Frame
- Exterior Features: Balcony/Deck, Balcony, Rain Gutters, Garden
- Foundation: Block
- Lot Features: Cleared
- Roof: Shingle
- View: City View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
- Parking Features: Paved Drive, Off Street, On Street
- Covered Parking Spaces: 1
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $614,900
- Tax Year: 2024
- Total Rent: $7,950
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $8,454
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