Property Description

Well-maintained four-unit multifamily offering a strong combination of income, leasing flexibility, and value-add potential. The property consists of two 2-Bedroom/1-Bathroom units and two 1-Bedroom/1-Bathroom units, all deleaded and featuring spacious, functional layouts with large living rooms and kitchens. Units #2 and #3 will be delivered vacant, offering flexibility for an owner-occupant or investor. Rents shown for these units reflect their most recent rental amounts. Projected market rents of approximately $1,875, $1,850, $1,600, and $1,600 provide strong income potential. Four separate building entrances provide residents with added privacy and convenient access. A large unfinished attic with existing plumbing offers additional value-add potential, including the possibility of expanding Unit 4 from a 1-bedroom to a 3-bedroom unit, subject to required approvals and permitting.The roof is approximately 10 years old, with additional updates including plumbing, heating systems, windows, exterior stairs, and siding. Off-street parking and beautifully landscaped grounds further enhance the property.Conveniently located near Polar Park, Kelley Square, the Canal District, Quinsigamond Village, Route 146, the Mass Pike, shopping, and dining. A compelling Worcester multifamily offering two units to be delivered vacant, recent capital improvements, strong rental potential, and additional upside.

Property Features