$2,950,000
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2 Henchman St Unit 2 Worcester, MA 01605
Multi-Family
Residence
33
Beds
13
Baths
Sq. Ft.
0.26
Acre
Lot
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Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 ½ Henchman Street and 8 Moen Street in Worcester, MA (the“Property”). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom/1-bathroom units, totaling 15,07...5 sq. ft. of living space on a 0.26-acre parcel. 11 of the 13 units have been extensively renovated with new kitchens, bathrooms, and flooring. All units have lead certificates and are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The property also features an on-site laundry facility and three parking spaces. The opportunity exists to increase rents in the renovated units and implement programmatic upgrades to the remaining two unrenovated units to maximize rental income. The property is steps from Downtown Worcester, WPI and UMass Memorial Medical Center. This is an excellent investment opportunity in one of MA’s most dynamic markets.
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MLS#
73315510
Property Type
Multi-Family
Bedrooms
33
Bathrooms
13 Full
Year Built
1900
Price per Sq. Ft.
$195.69
Lot Size
0.26
Sewer
Public Sewer
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