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  • $1,775,000

    2 Preston St, Worcester, MA 01610

    29beds
    10,170sqft
    5+ Family - 5+ Units Up/Down
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $175/sqft
    $-- HOA

    What's special

    Incredible investment opportunity! 8% cap and over $217,800 in operating income. This well maintained fully occupied 10 unit brick building offers (9) 3-bedroom units and (1) 2-bedroom unit has been updated and well maintained over the years. 9/10 units are lead certified and features hardwood floors, updated kitchens, updated electrical with 100amp panel in each unit, hot water baseboard heating and laundry in unit. The building has undergone replacement of major components, including replacement of rear decks, all new electrical, baseboard heating serviced by (2) Buderus boilers and 2 Superstor Hot Water storage tanks. Building has had air sealing and insulation added to attic space. 7 security cameras with remote operation. All long-term tenants paying great rents.

    Zillow last checked: 7 hours ago

    Listing updated: June 10, 2023 at 04:52am

    Listed by:

    Kimberly Rickman,

    OWN IT, A 100% Commission Brokerage

    Bought with:

    Brooke Packard

    Byrnes Real Estate Group LLC

    Source: MLS PIN,MLS#: 73097325

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 29
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Has Heating (Unspecified Type)
    Features
    • Flooring: Laminate, Hardwood
    • Basement: Full,Interior Entry,Dirt Floor
    • Has fireplace: No
    Interior area
    • Total structure area: 10,170
    • Total interior livable area: 10,170 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    Lot
    • Size: 3,049 sqft
    • Features: Corner Lot
    Details
    • Parcel number: M:06 B:17C L:00044,1768374
    • Zoning: RG-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Brick
    • Foundation: Block, Brick/Mortar
    • Roof: Rubber
    Condition
    • Year built: 1910

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
    Location
    • Region: Worcester

    HOA & financial

    Other financial information
    • Total actual rent: 18150
    Services availability
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