7 Total Photos [Click to View All]
Listing Details
- $4,850,000
- MLS# 73546527
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: BA Property & Lifestyle Advisors
Agent Name: Michael Barbera
Agency Phone: 508-852-4227
Shown By
Agent Name: Dan Curtin
Agent Phone: (617) 480-5618
Agency Title: Donahue Real Estate Co.
Home Value Estimate
Description
Rare opportunity to acquire a clustered 24-unit multifamily portfolio in Worcester's highly desirable Newton Square/West Side neighborhood. Five properties ?? 827 Pleasant St (10 units), 2 Ureco Terrace (9 units), 7??9 Ureco Terrace (2 units), 831 Pleasant St (2 units), and 3 Ureco Terrace (1 unit) ?? all situated along a single private drive, delivering concentrated operational efficiency unavailable in dispersed portfolios. 95.8% occupied with gross scheduled rent of $475,800/yr and stabilized NOI of $240,197. Average in-place rent of $1,724/month with meaningful near-term upside given the premium Newton Square location and ~$395,000 in...read more
Features
- 3.0 Stories
- $68,892 Taxes
- Public
- Built in 1910
Gallery
Listed By
Agency Name: BA Property & Lifestyle Advisors
Agent Name: Michael Barbera
Agency Phone: 508-852-4227
Shown By
Agent Name: Dan Curtin
Agent Phone: (617) 480-5618
Agency Title: Donahue Real Estate Co.
Print This Listingx
Select a format below, new window will open and will prompt you to print.
