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Description
Projected Monthly Rental Income: $6,925 when fully leased at estimated market rents, based on unit size, layout, and condition. Well-maintained four-unit multifamily offering a strong combination of income, leasing flexibility, and value-add potential. The property consists of two 2-Bedroom/1-Bathroom units and two 1-Bedroom/1-Bathroom units, all featuring spacious, functional layouts with large living rooms and kitchens. Units #2 and #3 will be delivered vacant, offering flexibility for an owner-occupant or investor. Rents shown for these units reflect their most recent rental amounts. Projected market rents of $1,875, $1,850, $1,600, and $1,600 provide strong income potential. Four separate building entrances provide residents with added privacy and convenient access. The roof is approximately 10 years old. Off-street parking and beautifully landscaped grounds further enhance the property.Conveniently located near Polar Park, Kelley Square, the Canal District, Quinsigamond Village, Route 146, the Mass Pike, shopping, and dining. A compelling Worcester multifamily offering two units to be delivered vacant, recent capital improvements, strong rental potential, and additional upside.
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Residential Income
$590,000
MLS# 73577955
ACTIVE
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Listed by: Ben Hicks; Bridgemont Realty LLC; 617-529-0751
