5 Claremont St, Worcester, MA 01610

The Claremont House is an international student housing building located in Worcester, MA. The 13,000+ square foot historic building is located across the street from Claremont Academy on a double-corner lot of .68 acres with parking for approximately twelve vehicles. The building provides tenants two full-kitchens on the first and third floor, four full bathrooms, living and dining areas, along with coin-op laundry. Investors have the ability to acquire a one-of-a-kind asset located in a highly demanded location on the edge of Clark University with close proximity to College of Holy Cross, WPI, downtown, Polar Park and other local restaurants and amenities. Building to be sold fully furnished. As the second largest city in New England, accompanied by nearly 20% appreciation over the past two years, investors have the ability to acquire a cash flowing asset with significant upside to accomplish double digit cash on cash returns.