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2 Henchman St, Worcester, MA

Worcester · MA 01605

$2,510,000
Price
33
Beds
13
Baths
15075
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 13 Units
Lot size: 0.26 Acre Lot
Price per square foot: $186 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 ? Henchman Street and 8 Moen Street in Worcester, MA (the?Property?). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom/1-bathroom units, totaling 15,075 sq. ft. of living space on a 0.26-acre parcel. 11 of the 13 units have been extensively renovated with new kitchens, bathrooms, and flooring. All units have lead certificates and are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The property also features an on-site laundry facility and three parking spaces. The opportunity exists to increase rents in the renovated units and implement programmatic upgrades to the remaining two unrenovated units to maximize rental income. The property is steps from Downtown Worcester, WPI and UMass Memorial Medical Center. This is an excellent investment opportunity in one of MA?s most dynamic markets.

Neighborhood & Transit

2 Henchman 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:
512 days
Listing Price:
$2,800,000
Price per Sq.Ft:
$186
Tax Assessment:
$986,500 in 2025
Taxes:
$1,084 / Monthly

Home Facts

Interior Features

Bedrooms
33
Full Bathrooms
13
Half Bathrooms
0
Living Area
15,075 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
15075
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
11,325 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 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
Ethan Lazar
Listing office
Horvath & Tremblay
MLS PIN #
73364161