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  • $970,000

    40-42 Merrifield St, Worcester, MA 01605

    12beds
    4,770sqft
    4 Family - 4 Units Up/Down
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $203/sqft
    $-- HOA

    What's special

    Discover an exceptional investment opportunity with this fully renovated 4-family rental property situated on a desirable corner lot in Worcester! This property boasts modern upgrades throughout, including all new mechanical systems—plumbing, electrical, and heating. Each unit features energy-efficient tankless on-demand hot water heaters, along with stylish quartz countertops and stainless steel appliances, ensuring both comfort and luxury for tenants. Currently, three units are vacant and ready for new tenants, making it ideal for an investor looking to maximize rental income. The top-floor unit is already generating $2,300 per month, providing a strong foundation for your investment. Additional highlights include off-street parking for six cars, a rare convenience in the area. This property is strategically located near Worcester's largest hospitals and a variety of popular restaurants, making it appealing to potential renters.

    Zillow last checked: 7 hours ago

    Listing updated: January 07, 2025 at 08:05pm

    Listed by:

    Benjamin Kovacs,

    Young Realty Group, LLC,

    Mark Savage

    Bought with:

    Candor Realty Group

    Four Points Real Estate, LLC

    Source: MLS PIN,MLS#: 73304804

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Appliances
    • Laundry: Electric Dryer Hookup
    Features
    • Flooring: Vinyl
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 4,770
    • Total interior livable area: 4,770 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off Street
    Features
    • Patio & porch: Enclosed, Deck - Wood
    • Fencing: Fenced
    • Has view: Yes
    • View description: City View(s)
    Lot
    • Size: 9,294 sqft
    • Features: Corner Lot
    Details
    • Parcel number: M:16 B:012 L:00020
    • Zoning: RG-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family - 4 Units Up/Down
    Materials
    • Frame
    • Foundation: Block, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 2024

    Utilities & green energy

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

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Medical Facility, Highway Access, Public School, Sidewalks
    Location
    • Region: Worcester

    HOA & financial

    Other financial information
    • Total actual rent: 9500

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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