Sold
26 Catharine St, Worcester, MA
Worcester · MA 01605
- $875,000
- Price
- 18
- Beds
- 6
- Baths
- 6000
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
6 Units
Lot size:
0.25 Acre Lot
Price per square foot:
$143 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
This rare 6-unit multi-family located in one of the best areas of Worcester offers off street parking, fenced in back yard, 3 bedroom units, lead certificates, modern electric service, rubber roof, all separate utilities, gas boilers with radiators in each room, and the building has been fully insulated by MassSave. This well maintained building is walking distance to the UMASS Hospital, WPI, and one block from Grant Square Park. The property has 6 units. 3 units are currently rented to subsidized tenants and generate consistent rental income today with the potential for substantial rent increases. Recent HUD increases in Worcester have paved the way for this property to increase revenue simply by bringing the current subsidized tenants' rent up to the new payment standard. That allows a buyer to enjoy a significant increase in cash flow shortly after purchase. This one won't last! Current rents are below market. Property could gross over $10k/mo.
Neighborhood & Transit
26 Catharine 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:
- 2013 days
- Listing Price:
- $859,700
- Price per Sq.Ft:
- $143
- Tax Assessment:
- $400,000 in 2020
- Taxes:
- $493 / Monthly
Home Facts
Interior Features
- Bedrooms
- 18
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 6,000 Sq.Ft
- 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
- 110 Volts, 220 Volts, Circuit Breakers, 100 Amps
Exterior Features
- Lot Size
- 11,000 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 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
- Jason Saphire
- Listing office
- www.EntryOnly.com, LLC
- MLS PIN #
- 72823548