Two Three unit buildings on one lot in close proximity to WPI and Elm Park. Both buildings have been well maintained by the current owner and are ready for a new owner. Some long term tenants in place so, there is room to increase rents over time.
ADD A VACANT & RECENTLY RENOVATED MULTI TO YOUR PORTFOLIO! Start your journey as an investor with MARKET RENTS with this MOVE-IN READY multi-family! Amazing Opportunity to own a 2 Family in the 01609, with many updates throughout! Located next to WPI, local shops, restaurants downtown and walking distance to elm park! The property offers an excellent investment opportunity with a 2-bedroom unit on the first floor and a spacious two level, 4-bedroom unit on the upper floor. Recent renovations w/Newer Replacement Windows throughout, Newer Stainless Steel Appliances in both units, Newer vinyl flooring throughout both units; on and off-street parking. Central Air, High Ceilings, Large Eat-In Kitchens, Large Bedrooms. 1yr-old Parlor heater in unit 2, 2yr-old Water Heaters, 6 yr-old HVAC systems, less than 7 yr-old roof. FHA Approved. 1-yr American Home Shield Warranty included with purchase, Owner Occupant & Investor Friendly with this great mortgage helper!
***NEW PRICE-PROJECTED TO BE A CASH COW***Be a part of the revitalization of downtown Worcester! This is an amazing opportunity to own one of the few mixed-use properties available in the heart of the city. Downtown is exploding and small businesses will lead the way. Five minutes to and from Main St makes this a most desirable location for living and working. This building offers two storefronts and three residential units and has the potential to be a huge earner. As this city continues to grow, it will benefit anyone in at ground-level. Well, we've passed that, and the money is here for a ready investor. The city's population is expanding; housing is in high demand and business is prospering: this building is guaranteed to generate income. All tenants-at-will but long-term and in good standing. Separate utilities for all units. Group showings only on weekends.
The median home value in Worcester, MA is $365,400. This is lower than the county median home value of $398,500. The national median home value is $338,100. The average price of homes sold in Worcester, MA is $365,400. Approximately 39.21% of Worcester homes are owned, compared to 53.23% rented, while 7.56% are vacant. Worcester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Worcester real estate agent to arrange a tour today!
Worcester, Massachusetts 01609 has a population of 203,867. Worcester 01609 is less family-centric than the surrounding county with 23.9% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Worcester, Massachusetts 01609 is $56,746. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Worcester 01609 is 34.4 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 48.3 inches per year, with 50.5 inches of snow per year.