$1,000,000
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19 Ward St Unit 19 Worcester, MA 01610
Multi-Family
Residence
6
Beds
6
Baths
Sq. Ft.
0.08
Acre
Lot
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This well-located 6-unit property at 19 Ward Street in Worcester, Massachusetts, consists of six 2-bedroom/1-bathroom units, totaling 5,328 sq. ft. of living space on a 0.08-acre parcel. Each unit is separately metered for heat, hot water, and electricity, with all utilities paid directly by the ten...ants. The property also benefits from a roof that is less than five years old and has lead certificates for all units.Three of the six units have been extensively renovated, featuring new kitchens with granite countertops and stainless steel appliances, updated bathrooms, and new flooring. There is an opportunity to increase rents in both the renovated units and through targeted upgrades to the remaining unrenovated units to a property already boasting a monthly rent roll of $9,350. Listed at an 8.13% cap rate, this property represents a strong investment opportunity in the growing Worcester market.
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MLS#
73308996
Property Type
Multi-Family
Bedrooms
6
Bathrooms
6 Full
Year Built
1900
Price per Sq. Ft.
$187.69
Lot Size
0.08
Sewer
Public Sewer
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