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19 Ward St, Worcester, MA

Worcester · MA 01610

$995,000
Price
6
Beds
6
Baths
5328
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 3,577 Sq.Ft Lot
Price per square foot: $188 / Sq.Ft
Parking: No Parking

About this home

This well-located 6-unit property at 19 Ward Street in Worcester, Massachusetts, consists of six 2-bedroom/1-bathroom units, totaling 5,328 sq. ft. of living space on a 0.08-acre parcel. Each unit is separately metered for heat, hot water, and electricity, with all utilities paid directly by the tenants. The property also benefits from a roof that is less than five years old and has lead certificates for all units.Three of the six units have been extensively renovated, featuring new kitchens with granite countertops and stainless steel appliances, updated bathrooms, and new flooring. There is an opportunity to increase rents in both the renovated units and through targeted upgrades to the remaining unrenovated units to a property already boasting a monthly rent roll of $9,350. Listed at an 8.13% cap rate, this property represents a strong investment opportunity in the growing Worcester market.

Neighborhood & Transit

19 Ward 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:
731 days
Listing Price:
$1,000,000
Price per Sq.Ft:
$188
Tax Assessment:
$598,400 in 2024
Taxes:
$686 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
6
Half Bathrooms
0
Living Area
5,328 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5328
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
3,577 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
Ethan Lazar
Listing office
Horvath & Tremblay
MLS PIN #
73308996