Off Market
709 Main St, Worcester, MA
Worcester · MA 01610
- $2,400,000
- Price
- 14
- Beds
- 4.5
- Baths
- 10668
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
5 Units
Lot size:
0.33 Acre Lot
Price per square foot:
$225 / Sq.Ft
Parking:
25 Off Street Spaces
About this home
MASSIVE CORNER LOT PACKAGE SALE in Downtown Worcester! Two adjoining corner parcels. 14,200+ SF of land. Offered at just $169 per SF of land. Underwritten at a POWERFUL 11.5% PRO FORMA CAP RATE ACROSS BOTH LOTS. 703?711 Main St is extensively renovated. Street-level retail is occupied on a modified gross lease by an expanding restaurant, thriving mini-mart, and a beloved neighborhood 14-chair barbershop producing $117,600 with clear upside.The entire second floor was COMPLETELY GUT RENOVATED IN 2025. 14 giant bedrooms. 3 kitchens. 3 full baths. 100% new HVAC, plumbing, and electrical. Approved rooming house license in place! Projected residential income of $184,800 annually. This is true income-producing urban infill in the heart of downtown Worcester. Immediate yield. Efficient basis. Long-term redevelopment and density upside. Assets like this almost never come to market. Move quickly.
Neighborhood & Transit
709 Main St, 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:
- 302 days
- Listing Price:
- $2,400,000
- Price per Sq.Ft:
- $225
- Tax Assessment:
- $1,215,300 in 2025
- Taxes:
- $2,205 / Monthly
Home Facts
Interior Features
- Bedrooms
- 14
- Full Bathrooms
- 3
- Half Bathrooms
- 3
- Living Area
- 10,668 Sq.Ft
- Broker Disclosure about Living Area
- Living area represents 5568 SF residential, and 5100 SF currently used for retail. Buyer to verify
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 10668
- 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
- 14,200 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 25 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ben Hicks
- Listing office
- Bridgemont Realty LLC
- MLS PIN #
- 73463464
- Disclosure
- Property sold as is. Information deemed reliable but not guaranteed. Gross income includes projected residential income. Residential component is an approved rooming house; additional space is non-residential. Buyer to verify income. Lot size includes 3 Charlton St with 703–711 Main St.
- Disclosure
- Living area represents 5568 SF residential, and 5100 SF currently used for retail. Buyer to verify