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!
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
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