Sold

120 Dorchester St Unit 0, Worcester, MA

Worcester · MA 01604

$678,000
Price
21
Beds
9
Baths
7900
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1990
Units: 9 Units
Lot size: 0.25 Acre Lot
Price per square foot: $88 / Sq.Ft
Parking: 16 Off Street Spaces

About this home

Opportunity to purchase this TURN KEY 9 UNIT apartment building bringing in ($7,975/mo + coin opp) with HUGE UPSIDE potential in the hot Worcester rental market. This is a great professionally managed, fully leased investment property with all tenants paying rent. Below market rents for its current condition with ability to increase rents with the building as is. Owner leased units below market to attract better quality tenants. Property offers huge upside potential of $11,000 + ( 3 - 3 Beds x $1,400, 6 - 2 Beds x $1,200) with minimal unit upgrades. The building consist of an original 3 family that is all large 3 bedrooms with a 6 unit addition in 1990 consisting of all 2 bedrooms. All units deleaded when owner purchased the property, owner is missing one certificate. Tons of off street parking and coin opp laundry make this a great investment opportunity. Tenants pay individually metered Gas Heat, Electric an Hot Water.

Neighborhood & Transit

120 Dorchester St, Worcester · MA 01604

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:
2596 days
Listing Price:
$698,000
Price per Sq.Ft:
$88
Tax Assessment:
$789,500 in 2018
Taxes:
$1,163 / Monthly

Home Facts

Interior Features

Bedrooms
21
Full Bathrooms
9
Half Bathrooms
0
Living Area
7,900 Sq.Ft
Broker Disclosure about Living Area
0
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
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
11,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
16 Parking Spaces

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
Edward Murphy
Listing office
weRENTcentralmass
MLS PIN #
72360071