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11 Ashton St, Worcester, MA

Worcester · MA 01605

$1,325,000
Price
12
Beds
6
Baths
5292
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 6 Units
Lot size: 9,626 Sq.Ft Lot
Price per square foot: $227 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

This well-maintained 6-unit property consists of six spacious 2-bedroom/1-bathroom units, totaling 5,292 sq ft of living space. Notably, all units are separately metered for heat, hot water, electricity, and air conditioning. Five of the six units have undergone extensive renovations, featuring granite countertops, stainless steel appliances, new bathrooms, and modern finishes. The property boasts a large parking lot accommodating more than 10 cars comfortably. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $10,000 monthly. The unrenovated unit currently earns well below market rent, and the lease is currently tenant-at-will, allowing for the efficient transition to market rent. Centrally located, it's within a short drive of WPI, Assumption University, and all downtown amenities. Additionally, it's within walking distance from UMass Memorial Hahnemann Family Medical Center. Listed at a 7.74% cap rate.

Neighborhood & Transit

11 Ashton St, Worcester · MA 01605

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:
957 days
Listing Price:
$1,200,000
Price per Sq.Ft:
$227
Tax Assessment:
$694,600 in 2024
Taxes:
$796 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
6
Half Bathrooms
0
Living Area
5,292 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5292
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
9,626 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
12 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Aluminum, Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
Ethan Lazar
Listing office
Horvath & Tremblay
MLS PIN #
73214734