2 Henchman St Worcester, MA 01605
Bell Hill NeighborhoodEstimated payment $16,311/month
Highlights
- 0.26 Acre Lot
- Corner Lot
- 4-minute walk to Grant Square
- 9 Fireplaces
About This Home
Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 1⁄2 Henchman Street and 8 Moen Street in Worcester, MA (the“Property”). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom/1-bathroom units, totaling 15,075 sq. ft. of living space on a 0.26-acre parcel. 11 of the 13 units have been extensively renovated with new kitchens, bathrooms, and flooring. All units have lead certificates and are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The property also features an on-site laundry facility and three parking spaces. The opportunity exists to increase rents in the renovated units and implement programmatic upgrades to the remaining two unrenovated units to maximize rental income. The property is steps from Downtown Worcester, WPI and UMass Memorial Medical Center. This is an excellent investment opportunity in one of MA’s most dynamic markets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,012
Year Built
- Built in 1900
Lot Details
- 0.26 Acre Lot
- Corner Lot
Home Design
- Stone Foundation
Interior Spaces
- 15,075 Sq Ft Home
- 9 Fireplaces
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 33 Bedrooms
- 13 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Off-Street Parking
Listing and Financial Details
- Assessor Parcel Number M:01 B:046 L:00021,1762658
Community Details
Overview
- 13 Units
- Property has 1 Level
Building Details
- Electric Expense $6,001
- Insurance Expense $13,000
- Water Sewer Expense $10,222
- Operating Expense $69,010
- Net Operating Income $220,459
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 04/24/2025 04/24/25 | For Sale | $2,800,000 | +55.6% | $186 / Sq Ft |
| 12/02/2022 12/02/22 | Sold | $1,800,000 | 0.0% | $189 / Sq Ft |
| 10/23/2022 10/23/22 | Pending | -- | -- | -- |
| 10/22/2022 10/22/22 | For Sale | $1,800,000 | -- | $189 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73364161
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