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Off market
  • $1,224,800

    84 & 86 Florence St, Worcester, MA 01603

    18beds
    4,906sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,224,800 Zestimate®
    $250/sqft
    $2,415 Estimated rent

    What's special

    CLARK UNIVERSITY AREA!!! Here is an Investment opportunity you won't want to miss! Two classic Worcester 3-deckers right next door to each other & just steps to the college. Fully rented & produces excellent, reliable income. Recent upgrades include: new hot water heaters in both buildings, heating upgrades & new baseboard heat, new roofs on building 84 & the garage, landscaping, new appliances, new electrical panels in both buildings, front & back hallways have been painted & received flooring updates, & so much more. Plenty of off-street parking. This is a great deal for anyone looking for turnkey rental property where all of the heavy lifting has been done for you. The Worcester multi-family market is is one of the hottest in the country and this is the perfect time to invest. With an 8% CAP rate and 15% cash on cash return you can't go wrong!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 6
    • Full bathrooms: 6
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 4,906 sqft

    Property

    Parking
    • Total spaces: 6
    Lot
    • Size: 9,583 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Worcester

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School, University, Walk/Jog Trails, Swimming Pool
    • App Dscrp 1: Range, Refrigerator
    • App Dscrp 2: Range, Refrigerator
    • Basement Feature: Full
    • Hea Dscrp 1: Gas
    • Hea Dscrp 2: Gas
    • Lot Description: Paved Drive
    • Apod Available: Yes
    • App Dscrp 3: Range, Refrigerator
    • App Dscrp 4: Range, Refrigerator
    • Hea Dscrp 3: Gas
    • Rnt Dscrp 1: Water
    • Rnt Dscrp 2: Water
    • Rnt Dscrp 4: Water
    • Foundation: Other (see Remarks)
    • Mf Type: 5-9 Family
    • Hea Dscrp 4: Electric
    • CONTINGENCY_TYPE: Inspection
    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

    $1,224,800

    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

    $1,224,800