Sold
84 & 86 Florence Street, Worcester, MA
Worcester · MA 01603
- $965,000
- Price
- 18
- Beds
- 6
- Baths
- 4906
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
6 Units
Lot size:
9,407 Sq.Ft Lot
Price per square foot:
$221 / Sq.Ft
Parking:
2 Garage Spaces · 6 Off Street Spaces
About this home
CLARK UNIVERSITY AREA!!! Here is an Investment opportunity you won't want to miss! Two classic Worcester 3-deckers right next door to each other & just steps to the college. Fully rented & produces excellent, reliable income. Recent upgrades include: new hot water heaters in both buildings, heating upgrades & new baseboard heat, new roofs on building 84 & the garage, landscaping, new appliances, new electrical panels in both buildings, front & back hallways have been painted & received flooring updates, & so much more. Plenty of off-street parking. This is a great deal for anyone looking for a income producing rental property where all of the heavy lifting has been done for you. The Worcester multi-family market is is one of the hottest in the country and this is the perfect time to invest. With an 8% CAP rate and 15% cash on cash return you can't go wrong!
Neighborhood & Transit
84 & 86 Florence Street, Worcester · MA 01603
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:
- 2105 days
- Listing Price:
- $1,085,000
- Price per Sq.Ft:
- $221
- Tax Assessment:
- $471,800 in 2020
- Taxes:
- $668 / Monthly
Home Facts
Interior Features
- Bedrooms
- 18
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 4,906 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
- Unknown
Exterior Features
- Lot Size
- 9,407 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 2 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
- Jackie Painchaud
- Listing office
- weRENTcentralmass
- MLS PIN #
- 72777939