Worcester MA Multi Family for Sale
Open House:
Saturday, 11/9 12:00-1:00PM
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 12
- Lot size:
- 0.1 Acres
- Year built:
- 1890
- Baths:
- 3.00
- MLS#:
- 73309487
ADDITIONAL INFORMATION
Welcome to this remarkable 3-family home nestles in the heart of Vernon Hill, Worcester!! Each of the three spacious units offers FOUR bedrooms, ideal for both owner occupants and investors alike. The property features off-street parking accommodating up to six vehicles. Inside, each unit has durable laminate flooring, and washer/ dryer hook ups. The home includes a full walk-out basement, providing east access for storage or maintenance. The property is fully occupied generating $7,000 per month in rental income. Located near Quinsigamond Villiage, Walmart shopping plaza, rt 146 and the MA pike- offering accessibility to shopping, dining, and major routes for easy commuting. An exceptional investment opportunity in a sought-after area!
$1,200,000
42 Lewis St Unit 42 Worcester, MA 01610
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 12
- Lot size:
- 0.3 Acres
- Year built:
- 1915
- Baths:
- 6.00
- MLS#:
- 73308998
ADDITIONAL INFORMATION
This well-maintained 6-unit property at 42 Lewis Street in Worcester, Massachusetts, consists of six 2-bedroom/1-bathroom units, totaling 5,592 sq. ft. of living space on a 0.30-acre parcel. Each unit is separately metered for electricity, heat, and hot water, with all utilities paid directly by the tenants. Additionally, the property features ample on-site parking for residents.Positioned on the edge of the South Worcester neighborhood, this property benefits from proximity to major local institutions, including the College of the Holy Cross and Clark University. Worcester's dynamic downtown offers a blend of employment and entertainment options, from the DCU Center and Palladium venues to the UMass Memorial Medical Center, the city's largest employer. With a vibrant student population of over 36,000 across eight colleges and universities, this property represents a valuable investment opportunity in the thriving Worcester rental market.
$1,000,000
19 Ward St Unit 19 Worcester, MA 01610
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.08 Acres
- Year built:
- 1900
- Baths:
- 6.00
- MLS#:
- 73308996
ADDITIONAL INFORMATION
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 tenants. 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.
$630,000
9 Fern St Unit 9 Worcester, MA 01610
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.18 Acres
- Year built:
- 1914
- Baths:
- 2.00
- MLS#:
- 73298581
ADDITIONAL INFORMATION
An amazing opportunity to own a well-maintained, updated 2-family home within walking distance of Clark University ** Perfect for investors and homeowners with one rental unit to help with a mortgage payment ** Updates are new windows on the first floor, 2 full baths, 2 kitchens, and wood/tile floor throughout ** Two new force air furnaces **Lead compliance for both units ** Massave insulation ** Cement block retaining wall ** Beautiful garden ** Humongous and newly paved parking can take up 15 cars** Wall out basement, storage and shred are perfect for a home business **
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.13 Acres
- Year built:
- 1890
- Baths:
- 4.00
- MLS#:
- 73297459
ADDITIONAL INFORMATION
Group showing on Sunday 10/06/24 from 2pm to 3pm. Opportunity is knocking! Large 3 Family home on a corner lot, in the heart of Worcester. Withing walking distance to Polar Park, The home of the Woo Sox. Each unit consists of three bedrooms and one bathroom, with an additional storefront on street level. This property boasts new roof, mostly replacement windows, circuit breakers, hardwood floors, off street parking and more. Easy access to 290/146 and all area amenities. Call today Won't last!!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.17 Acres
- Year built:
- 1890
- Baths:
- 5.00
- MLS#:
- 73297173
ADDITIONAL INFORMATION
BACK ON MARKET DUE TO BUYER FUNDING. Located in the heart of Worcester, this unique investment opportunity offers immense potential for value-add and future growth. The property features two separate buildings and an on-site parking lot, a rare find. Currently configured with two-bedroom, one-bathroom units, this property holds the potential for a six-family conversion (subject to necessary approvals), making it an ideal prospect for investors or developers. The roof on Building 2 was replaced approximately 10 years ago, offering a solid foundation for further improvements. Situated in a vibrant community with easy access to local amenities, transportation, and Worcester's bustling downtown scene, this property is perfectly positioned for future upside. Whether you're looking to expand your portfolio or create housing in a prime location, this property presents a compelling canvas for your vision.
$1,400,000
8-10 Allen St Unit 8-10 Worcester, MA 01610
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.18 Acres
- Year built:
- 1900
- Baths:
- 11.00
- MLS#:
- 73268180
ADDITIONAL INFORMATION
Rare opportunity in Worcester! 11 Unit investment property with ample parking space! Unit mix consists of five studios, five 1br and one 2br. All tenants at will and have opportunity to bring up to market rent. Studios have PTAC heating and cooling system, while the other units have electric baseboard heating and window AC cooling.**Option to purchase this property along with 4 Allen St. directly to the right of this property.**3D Tour of every unit attached. Seller will entertain offers with buyer concessions.
$1,200,000
4 Allen St Unit 4 Worcester, MA 01610
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.22 Acres
- Year built:
- 1910
- Baths:
- 6.00
- MLS#:
- 73268178
ADDITIONAL INFORMATION
Recently renovated 6 family consists of three 1br and three 2br with updated kitchens and bathrooms. Hydronic gas heating system and window AC for cooling. Tenants are all at will! 9 spaces available for parking along with an over-sized garage behind the main building for additional storage. Coin operated laundry in the basement generates an additional source of income for the property. This property will not stay on the market long! **Option to purchase 8-10 Allen St. next door to maximize parking utilization**3D Tour of every unit attached. Seller will entertain offers with buyer concessions.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 11
- Lot size:
- 0.12 Acres
- Year built:
- 1900
- Baths:
- 5.00
- MLS#:
- 73260770
ADDITIONAL INFORMATION
5 Units Discover an exceptional investment opportunity in the rapidly growing Canal District! This impressive multi-family property offers great potential for rental income and is ideally located near Polar Park and Worcester Public Market, making it highly desirable for tenants seeking a dynamic urban lifestyle.Highlights:Spacious Design: Recently remodeled 3-family building with over 4,500 sq. ft., featuring modern kitchens, updated baths, and open-concept living areas.Modern Upgrades: Newer heating systems and roof (2019) for reduced maintenance costs.Additional Potential: A 2-family building in the back is ready for customization to increase income or value.Convenient Location: Minutes from RT 146 and 290, with easy access to highways, shops, restaurants, and entertainment.This rare find in a sought-after neighborhood offers endless possibilities for growth and return on investment. Act quickly to secure this smart investment choice before it's gone
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.08 Acres
- Year built:
- 1928
- Baths:
- 4.00
- MLS#:
- 73249520
ADDITIONAL INFORMATION
Unlock the potential of this well-maintained 3-unit property in the heart of Worcester. Featuring a first-floor bar, a spacious 3-bedroom apartment on the second floor, and a comfortable 2-bedroom apartment on the third floor, this building is great for investors or owner-occupiers. Windows, siding, roof, fire escape, and driveway were all updated in 2016, and this property is ready for the future. Off-street parking accommodates 6 vehicles. Located near Polar Park with easy access to Routes 146 and 290. Don't miss this exceptional investment opportunity! Rents below market.
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Worcester Real Estate
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 01610 has a population of 203,867. Worcester 01610 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 01610 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 01610 is 34.4 years.
Worcester Weather
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.