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13 Gilman St, Worcester, MA

Worcester · MA 01605

$700,000
Price
9
Beds
4
Baths
3284
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1923
Units: 3 Units
Lot size: 6,000 Sq.Ft Lot
Price per square foot: $208 / Sq.Ft
Parking: 2 Garage Spaces · 2 Off Street Spaces

About this home

This multi-family investment property offers a solid rental income potential with a prime location. With a total of 9 bedrooms and 4 bathrooms, this property has a spacious layout offering great flexibility. Investment Highlights: Strong rental demand in Worcester due to its proximity to local universities, healthcare institutions, and a growing downtown area. Recent updates and maintenance in common areas and individual units, ensuring lower immediate expenses for the new owner (see attached). Potential for significant cash flow with rent increases as property values in the area continue to rise. Well-maintained exterior and solid infrastructure.

Neighborhood & Transit

Green Hill

13 Gilman 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:
749 days
Listing Price:
$684,000
Price per Sq.Ft:
$208
Tax Assessment:
$633,000 in 2023
Taxes:
$725 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,284 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3284
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
6,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
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
DelRose McShane Team
Listing office
Coldwell Banker Realty - Belmont
MLS PIN #
73303190
Disclosure
Selling Agent is related to seller. Buyer/agents to perform own due diligence. Photos to come.