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148-152 Millbury St Unit 0, Worcester, MA

Worcester · MA 01610

$710,000
Price
8
Beds
9
Baths
8147
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 9 Units
Lot size: 7,840 Sq.Ft Lot
Price per square foot: $88 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

The large mixed-use building located on Millbury Street near Kelley Square. Building is comprised of 8 apartments, including 6 one-bedrooms and 2 studios, and a popular restaurant/sports bar on the first floor that is on a lease which covers a portion of the taxes, all snow plowing and half the trash costs with the apartments. The building is approximately 12,000 sf and includes a nearly 5,000 sf parking lot off the back of the building for tenants, which is rare for Worcester. Laundry is located on the third floor and provides great additional income. Buyers have the ability to acquire a fully occupied, cash-flowing building, with a strong rental history and a commercial tenant that has been there for over 30 years. Potential to make 20% return on investment - Just down the street from the new Worcester Red Sox location.

Neighborhood & Transit

148-152 Millbury St, Worcester · MA 01610

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:
$720,000
Price per Sq.Ft:
$88
Tax Assessment:
$500,000 in 2017
Taxes:
$754 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
8
Half Bathrooms
2
Living Area
8,147 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
7,840 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
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
Matthew Pierce
Listing office
Marcus & Millichap Real Estate Investment Services
MLS PIN #
72322697