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Off market
  • $1,610,200

    12 Clay St, Worcester, MA 01610

    99beds
    198baths
    99,999sqft
    MultiFamily
    Built in 2008
    -- sqft lot
    $1,610,200 Zestimate®
    $16/sqft
    $2,162 Estimated rent

    What's special

    This 8 building, 24 unit portfolio offers 87 bedrooms with the potential for 96 rentable bedrooms. The portfolio offers investors a critical mass portfolio with attractive operating efficiencies and a very strong tenant base. Historically the City of Worcester only allowed three (3) bedrooms per unit but recently the Massachusetts Supreme Judicial court increased the allowed number of bedrooms per unit to four (4) allowing for the potential for ninety-six (96) total bedrooms in the portfolio. With excellent student demand the portfolio has proven historically low vacancy rates and has been occupied by students from numerous universities including Holy Cross, Worcester State, Clark University, and Worcester Polytechnic Institution.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 99
    • Bathrooms: 198
    Heating
    • Other, Gas
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 99,999 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 10,018 sqft
    Details
    • Parcel number: WORCM26B008L00025

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Roof: Asphalt
    Condition
    • Year built: 2008

    Community & neighborhood

    Location
    • Region: Worcester
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,610,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,610,200