Sold
20 Loudon Street, Worcester, MA
Worcester · MA 01610
- $615,000
- Price
- 5
- Beds
- 5
- Baths
- 5943
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
5 Units
Lot size:
7,840 Sq.Ft Lot
Price per square foot:
$126 / Sq.Ft
Parking:
1 Garage Space · 5 Off Street Spaces
About this home
20 Loudon Street is a five-unit apartment building next to Clark University that features all one-bed/one-bath apartments. The units feature oak cabinets, tile, carpet and hardwood flooring, and white/gas appliances. The building has gas-fired boiler steam heat. All utilities are included in the rents. Off-street parking and coin-op laundry are available for tenants. New boiler and newer roof. The current owner operates their business out of the barn/office and plan to become the 6th tenant where separate electric and gas utilities are available. Buyers have the ability to acquire a fully occupied and stabilized asset with significant upside to increase rents due to long term tenancy. Loudon Street is located on the edge of Clark University where off-campus housing is highly demanded and presents an opportunity for buyers to capitalize on significantly higher than average market rents.
Neighborhood & Transit
20 Loudon Street, 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:
- 1467 days
- Listing Price:
- $750,000
- Price per Sq.Ft:
- $126
- Tax Assessment:
- $405,800 in 2021
- Taxes:
- $453 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 5,943 Sq.Ft
- Broker Disclosure about Living Area
- Does not include barn/office SF
- 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
- 1 Parking Space
- Off Street Parking
- 5 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Clapboard
- 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 #
- 72965869
- Disclosure
- Seller plans to rent barn/office from new owner as sixth tenant.
- Disclosure
- Does not include barn/office SF
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