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40-42 Merrifield St, Worcester, MA

Worcester · MA 01605

$970,000
Price
12
Beds
4
Baths
4770
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2024
Units: 4 Units
Lot size: 9,294 Sq.Ft Lot
Price per square foot: $205 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

Discover an exceptional investment opportunity with this fully renovated 4-family rental property situated on a desirable corner lot in Worcester! This property boasts modern upgrades throughout, including all new mechanical systems?plumbing, electrical, and heating. Each unit features energy-efficient tankless on-demand hot water heaters, along with stylish quartz countertops and stainless steel appliances, ensuring both comfort and luxury for tenants. Currently, three units are vacant and ready for new tenants, making it ideal for an investor looking to maximize rental income. The top-floor unit is already generating $2,300 per month, providing a strong foundation for your investment. Additional highlights include off-street parking for six cars, a rare convenience in the area. This property is strategically located near Worcester's largest hospitals and a variety of popular restaurants, making it appealing to potential renters.

Neighborhood & Transit

40-42 Merrifield 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:
742 days
Listing Price:
$980,000
Price per Sq.Ft:
$205
Tax Assessment:
$528,100 in 2024
Taxes:
$605 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,770 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4770
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
100 Amps, Individually Metered

Exterior Features

Lot Size
9,294 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
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Benjamin Kovacs
Listing office
Young Realty Group, LLC
MLS PIN #
73304804
Disclosure
Property is owned by one of the listing agents. Seller never lived in the property and being sold AS-IS. Buyer/buyer's agent must conduct their own due diligence.