Sold
5 Claremont Street, Worcester, MA
Worcester · MA 01610
- $1,170,000
- Price
- 16
- Beds
- 4
- Baths
- 13025
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1896
Units:
16 Units
Lot size:
0.68 Acre Lot
Price per square foot:
$92 / Sq.Ft
Parking:
12 Off Street Spaces
About this home
The Claremont House is an international student housing building located in Worcester, MA. The 13,000+ square foot historic building is located across the street from Claremont Academy on a double-corner lot of .68 acres with parking for approximately twelve vehicles. The building provides tenants two full-kitchens on the first and third floor, four full bathrooms, living and dining areas, along with coin-op laundry. Investors have the ability to acquire a one-of-a-kind asset located in a highly demanded location on the edge of Clark University with close proximity to College of Holy Cross, WPI, downtown, Polar Park and other local restaurants and amenities. Building to be sold fully furnished. As the second largest city in New England, accompanied by nearly 20% appreciation over the past two years, investors have the ability to acquire a cash flowing asset with significant upside to accomplish double digit cash on cash returns.
Neighborhood & Transit
5 Claremont 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:
- $1,200,000
- Price per Sq.Ft:
- $92
- Tax Assessment:
- $748,700 in 8734
- Taxes:
- $168 / Monthly
Home Facts
Interior Features
- Bedrooms
- 16
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 13,025 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
- 220 Volts
Exterior Features
- Lot Size
- 29,620 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 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
- Matthew Pierce
- Listing office
- Marcus & Millichap Real Estate Investment Services
- MLS PIN #
- 72967100