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$4,500,000
Est. payment /mo
46 Beds
21 Baths
15,080 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 15,080 sqft
Price per Sqft $298
MLS Listing ID 73374469
Bedrooms 46
Full Baths 21
Year Built 1900
Annual Tax Amount $41,788
Tax Year 2025
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Prime Investment Opportunity – 21 Units on Poet Hill, Worcester Rare portfolio of 21 well-maintained, de-leaded residential units across four adjacent parcels in Worcester's desirable Poet Hill neighborhood. Just 0.2 miles from Trolley Yard, minutes to downtown, and under 10 minutes to 8 colleges and 4 major hospitals. Features strong in-place income ($33,800/month), with upside potential and rent growth($38,734/month proforma). On-site parking with expansion potential. Clustered assets offer efficient management and turnkey appeal for both local and out-of-town investors. Ideal location in one of Worcester's hottest rental markets.
Location
State MA
County Worcester
Zoning RG-5
Direction Grove St, to North Street to Milton Street
Exterior
Community Features Public Transportation
Roof Type Shingle
Total Parking Spaces 20
Garage No
Building
Lot Description Other
Story 5
Foundation Irregular
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Property Investors & Advisors, LLC
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