649,000

House for sale Worcester
Property photo number 1 of 16 Photos for Property. File  105790713_29_84279499e84f0738cef9a6552a833471.jpeg

Overview

SUMMARY: Discover an opportunity with this Worcester house for sale and available for 649,000. This could be your next ideal home or a smart investment. More details await.
Excellent Investment Opportunity! Well-maintained, low-maintenance 3-family property offering strong cash flow potential and long-term investment Value. Rents are substantially below market! Current tenants would like to remain, providing immediate rental income from day one. Comparable 2-bedroom units in the area rent for around $2,000 per month, creating excellent income growth potential. The exterior features durable vinyl siding, a large paved driveway with off-street parking for 7+ vehicles, and a garage ideal for owner storage. Each unit enjoys its own private porch space. All three apartments feature 2 bedrooms, spacious eat-in kitchens with pantry areas, large living rooms, and updated bathrooms. Units 1 and 2 include in-unit washer and dryers, while Unit 3 has access to laundry in the basement. Mechanical updates include a gas furnace approximately 6 years old and newer electric baseboard heating in Unit 3. Low operating expenses with tenants paying their own electricity. Unit 3 also pays its own electric heat, while the landlord provides heat and hot water for Units 1 and 2. Conveniently located in Worcester's desirable Grafton Hill neighborhood, just minutes from major employers, hospitals, shopping, downtown Worcester, and several colleges and universities including Clark University, UMass Chan Medical School, and WPI. Easy access to highways, public transportation, Union Station, and commuter routes makes this a highly attractive rental location. Whether you're expanding your portfolio or looking for a solid owner-occupant investment, this turnkey multifamily offers strong rental demand, stable tenancy, and excellent income potential. Group Showing this Saturday October 3rd 12:00pm - 1:30pm~~ DON'T MISS THIS OPPORTUITY!~~
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Details

  • Beds: 6
  • Baths: 3
  • Price: 649,000
  • Reference No.: 96399428
  • Area: 2,266 sqft

Location

Marketed by:

  • Patti Fitzgerald
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