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$1,600,000
Est. payment /mo
4 Baths
5,880 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 5,880 sqft
Price per Sqft $272
MLS Listing ID 73396227
Full Baths 4
Year Built 1912
Annual Tax Amount $12,563
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type 5+ Family - Rooming House
Property Description
Whether you want to become a real estate investor or is a seasoned professional, investing in the right location is half the battle for long term profitability and appreciation. This is one of those opportunities. Gross Revenue of over $200k per year. Building is all updated inside and out with no repairs/updated necessary. This can also be self-managed due to its setup. Buy and hold strategy with this unique property with VERY HIGH demand rental price point. Targeted tenant is job relocation tenants along with divorcee/separation individuals. Anchor restaurant tenant has been run by same family for 50 years and a well known Tavern. Take a peak and be pleasantly surprised with the great condition and business model of this long-term asset acquisition
Location
State MA
County Worcester
Zoning BB
Direction GPS
Rooms
Basement Full
Exterior
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Northeast Private Client Group, LLC
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