Sold
5 Palm St, Worcester, MA
Worcester · MA 01604
- $1,070,000
- Price
- 8
- Beds
- 7.5
- Baths
- 5600
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1925
Units:
7 Units
Lot size:
0.26 Acre Lot
Price per square foot:
$214 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
Incredible investment opportunity! Rare, well maintained 7 unit property with just under an 8% cap rate and a monthly rent roll of $9,900 with room for growth. (4) 1-bedroom units, (2) 2-bedroom units, (1) 2 story 2-bedroom cottage 9230 square feet on .26 acre lot. All units are separately metered and tenants pay their own utilities. The location is hard to beat being minutes to all major highways, the train station, airport, restaurants, shopping, hospitals, colleges/universities and Polar Park making it an ideal location for all tenants and for APPRECIATION! Group showing Sunday June 4th 11am-2pm. Investors, you won?t want to miss this!** View Offer Memorandum in attached documents for further details.
Neighborhood & Transit
5 Palm St, Worcester · MA 01604
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:
- 1253 days
- Listing Price:
- $1,200,000
- Price per Sq.Ft:
- $214
- Tax Assessment:
- $796,600 in 2023
- Taxes:
- $952 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 7
- Half Bathrooms
- 1
- Living Area
- 5,600 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5600
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Varies per Unit
Exterior Features
- Lot Size
- 11,357 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Aluminum, 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 Carbone
- Listing office
- Byrnes Real Estate Group LLC
- MLS PIN #
- 73115091
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