Off Market

1002-1008 Main St, Worcester, MA

Worcester · MA 01603

$8,000,000
Price
80
Beds
47.5
Baths
46836
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1925
Units: 47 Units
Lot size: 0.72 Acre Lot
Price per square foot: $171 / Sq.Ft
Parking: No Parking

About this home

Longfellow Manor is a desirable four-story brick apartment building that consists of forty-seven (47) total units, comprised of seventeen (17), 1-Bedroom/1-Bathroom units, twenty-seven (27), 2-Bedroom/1-Bathroom units, one (1), 2-Bedroom/2-Bathroom unit, one (1), 3-Bedroom/1-Bathroom unit, and one (1) 4-Bedroom/1-Bathroom unit with 46800 square feet of living area. The Property has tremendous curb appeal with a brick exterior and an inviting central courtyard. Recent capital improvements include upgrades to several kitchens, baths, floors, heating systems, and hot water tanks - as well as a brand new electrical system. Each unit is separately metered for electricity and gas (heat and hot water), which the tenants pay directly. The rents for currently occupied units are significantly below market. The opportunity exists to increase rents to market rates via programmatic updates to the units in a highly sought after and supply constrained urban infill residential market.

Neighborhood & Transit

1002-1008 Main St, Worcester · MA 01603

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1373 days
Listing Price:
$8,000,000
Price per Sq.Ft:
$171
Tax Assessment:
$5,427,300 in 2023
Taxes:
$6,486 / Monthly

Home Facts

Interior Features

Bedrooms
80
Full Bathrooms
47
Half Bathrooms
1
Living Area
46,836 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
43236
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
31,287 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Ryan Benton
Listing office
Horvath & Tremblay
MLS PIN #
73076582