Shown via group showing Sat. 3/11 12pm-1:30pm w/ CONFIRMED appointment only (this is not a public open house). Rare Worcester 4-family home at a great price! This property is located right between UMASS's main campus & UMASS Memorial, as well as a short drive to the highway & all the action on Shrewsbury St. The building is fully occupied and there are long term tenants in place. The units could use some updating when they turn over. All units are heated by gas space heaters. Hardwood floors throughout. The lower level apt. electric is paid by the owner as there is not a separate LL meter. Parking is on-street so no plowing needed. This is a great property for anyone looking for a value add opportunity. Property will not go FHA or VA. The tenants all have a good payment history. May not work for an owner occupant. 4-unit properties like this one are few and far between. Get in on Worcester's RED HOT multi-family market while you still can!
Disclosures
Some missing siding. Rents are below market. Property is priced accordingly. Seller will not vacate any units or serve any notices to tenants. Long term tenants. 1st & 2nd floor tenants are section 8. 3rd floor is rented to SMOC. Lower level unit is self pay. Tenants have a good payment history.
Down Payment Resource
No
Dual Variable Compensation
Electric Expense
Exclusions
Common Area Electric Is Tied To The Lower Level Apt And Seller Pays That Electric Bill
This site uses cookies to give you the best experience possible. You can
read more about our use of cookies or, if you agree, continue to use the site as you normally would.