Under Agreement
- 23Bedrooms
- 7Bathrooms
- 8,176Square Feet
- 0.13Acreage
**EXCELLENT TURN-KEY INVESTMENT OPPORTUNITY** Fully-rented 7-unit located a block from downtown Main St & less than a mile to the NEW Polar Park, future home of Worcester Red Sox & thriving Canal district development project. Property consists of (5) - 3 bed units; (2) - 4 bed units. Property well-maintained & professionally managed. Gross rent-roll below market @ $111,888; and operating expenses @ $29,000/year. See attached income & expense breakdown. All utilities are separate. Cost/Unit of $157,000 makes it an attractive investment. Polar Park, a 10,000-seat baseball stadium,140-room extended stay hotel, 110-room boutique hotel, 225 market-rate apts, 96,000 sqft office building above, 50,000 sqft of retail & restaurants, 500+ parking spaces. This is an exciting time for the city of Worcester. The following colleges are between 4 min &10 min drive from the building (WPI, Holy Cross, Clark, Assumption College, Worcester State, UMass Medical School, Becker & Mass College of Pharmacy)
Listed by Stephen Martin of 228 Cabot Street
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More Info
Parking
- Garage Spaces
- Parking Spaces
- Total Parking Spaces
Building
- Year Built1890
- ConstructionFrame
- Bathroom7
- Full Bath7
- Bedrooms23
- Total Brs23
- Total Fbh7
- Total Flrs1
- No Rooms25
- Total Rms39
- Total Rooms25
- Levels3
- BasementYes
- Bedrms 13
- Bedrms 23
- Bedrms 33
- Bedrms 43
- FoundationPoured Concrete, Concrete Block, Fieldstone, Brick
- DirectionGoogle Maps
- Terms FeatureContract for Deed
- Rms 15
- Rms 25
- Rms 35
- Rms 45
- Lead PaintCertified Treated
- Units7
Basic Information
- Property Type5-9 Family
- Date Listed02/22/2021
- List Price$1,089,000
- Price Per Sq Ft$133
- Status Date2021-03-08T08:06:00
- Ant Sold Date2021-05-14T00:00:00
- MLS Number72788421
- MLS StatusUnder Agreement
Interior
- Basement FeatureFull, Partial
- F Bths 21
- F Bths 11
- F Bths 31
- Flrs 11
- F Bths 41
Exterior
- Colorblue
- ExteriorWood
- Roof MaterialAsphalt/Fiberglass Shingles
Utilities
- Elec2630
- WaterCity/Town Water
- SewerCity/Town Sewer
Water Body
- WaterfrontNo
- BeachfrontNo
Photos
- Number of Photos6
- Photo Date2021-02-22T11:01:00
- Prop TypeMF
Location
- Street Num21
- Building Number21
- StreetSycamore Street
- TownWorcester
- StateMA
- Zip01608
- Zip Code 42213
- CountyWorcester
Property
- Acreage0.13
- Lot Size5777
- Square Feet8,176
- Lease 1Y
- Lease 2Y
- Lease 3Y
- Lease 4Y
- Rent41400
- Lot DescriptionCorner
- Rent31200
- Rent21260
- Rent11350
- Total Rent9324
- Assessments486200
- Main LoAN1532
Amenities
- UsmAmenitiesBasement
Legal
- Taxes$8,265
- Tax Year2020
- ZoningBG-3
Other
- Wse5900
- Year Built DescrpApproximate
- Apod AvailableYes
- Certificate Number35751
- Insc4285
- Parcel NumberM:03 B:008 L:00029
- Rfs2400
- Noi82917
- Mgf4200
- View Count23
72788421
Worcester, MA Demographics
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72788421
Worcester, MA Real Estate Market Data
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72788421
Worcester, MA Schools
| School Name | Distance | Type | Grades |
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