Opportunity to purchase this TURN KEY 9 UNIT apartment building bringing in ($7,975/mo + coin opp) with HUGE UPSIDE potential in the hot Worcester rental market. This is a great professionally managed, fully leased investment property with all tenants paying rent. Below market rents for its current condition with ability to increase rents with the building as is. Owner leased units below market to attract better quality tenants. Property offers huge upside potential of $11,000 + ( 3 - 3 Beds x $1,400, 6 - 2 Beds x $1,200) with minimal unit upgrades. The building consist of an original 3 family that is all large 3 bedrooms with a 6 unit addition in 1990 consisting of all 2 bedrooms. All units deleaded when owner purchased the property, owner is missing one certificate. Tons of off street parking and coin opp laundry make this a great investment opportunity. Tenants pay individually metered Gas Heat, Electric an Hot Water.
Off market
$1,432,700
120 Dorchester St, Worcester, MA 01604
21beds
7,900sqft
MultiFamily
Built in 1990
-- sqft lot
$1,432,700 Zestimate®
$181/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Electric
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 7,900 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 0.25 Acres
Details
- Parcel number: WORCM35B002L6364
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1990
Community & neighborhood
Location
- Region: Worcester
Other
Other facts
- App Dscrp 1: Range, Refrigerator
- App Dscrp 2: Range, Refrigerator
- Basement Feature: Full
- Electric Feature: Circuit Breakers, 100 Amps, Individually Metered
- Exterior: Vinyl
- Foundation: Poured Concrete, Fieldstone
- Hea Dscrp 1: Gas
- Lot Description: Paved Drive, Corner
- Rms Dscrp 1: Living Room, Dining Room, Kitchen
- Rms Dscrp 2: Living Room, Kitchen
- Apod Available: Yes
- Exterior Features: Porch
- Year Round: Yes
- Mf Type: 5-9 Family
- Rms Common: Laundry
- App Common: Washer, Dryer
- Hea Dscrp 2: Electric
Services availability
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
$1,432,700
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
$1,432,700