605 Millbury St, Worcester, MA 01604

$2,185,000
24
BD
10
BA
10,308
SqFt

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Listing courtesy of Listing Agent: Tal Klayman from Listing Office: Velney Realty LLC.

List Price
$2,185,000
Status
ACTIVE
Days on Market
84
Price Change
▼ $40,000 1784755966
MLS#
73517217
Subtype
Residential Income
Year Built
1920
Bedrooms
24
Bathrooms
10
Full Baths
10
Living Area
10,308
Lot Size
5,976
Acres
0.14

Property Description

Turnkey, gut-renovated 8-unit multifamily producing approximately $20,300/month / $243,600/year. All units are 3-bedroom layouts, including two newly completed 3BR/2BA units, for a total of 24 bedrooms. Major updates include new plumbing, new electrical, a new sprinkler system and fire alarm systems, separate utilities, full insulation, renovated kitchens/baths, in-unit washer/dryer in each unit, and new appliances. Strong stabilized asset and perfect opportunity for a 1031 exchange buyer seeking current cash flow, scale, and modernised systems. Convenient Worcester location near highways, shopping, public transportation, and amenities.

Additional Information

Taxes
$15,196
Zoning
BL-1
Stories
4
Levels
4
Foundation
Other

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