$1,099,000
PENDING

Estimated payment $6,838/month

Total Views 4,776
11 Beds
6 Baths
4,320 Sq Ft
$254 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Shops
  • Granite Flooring
  • Living Room
  • Dining Room

About This Home

Buyer finances fell through. This turnkey 4-unit multi-family in Worcester, MA, is ideal for traveling nurses and medical professionals. With a total of 11 bedrooms and 5 bathrooms, it is perfect for short-term and medium-term rentals. Located near UMass Memorial, St. Vincent Hospital, and major employers, the property is already being successfully operated as a short-term and medium-term rental. Its prime location offers easy access to hospitals and highways, making it an excellent option for Airbnb, Furnished Finder, or corporate stays. With strong income potential and the opportunity for fully furnished rentals, this is a smart investment for investors looking for cash flow and stable leases. The property is also a great fit for long-term rentals, with projected monthly rental income in the range of $9,000 to $10,000. Each unit has separate utilities, providing additional ease of management and value for long-term tenants. Schedule a tour today.

Listing Agent

Chad King

Prospective Realty INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,938

Year Built

  • Built in 1890

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Stone

Interior Spaces

  • 4,320 Sq Ft Home
  • Living Room
  • Dining Room
  • Granite Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 11 Bedrooms

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • 9,109 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:09 B:006 L:00011,1770750

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $6,957
  • Water Sewer Expense $4,000
  • Operating Expense $18,155
  • Net Operating Income $127,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,938

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1890
  • Levels: 10
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 10

Interior Features

  • Interior Amenities: Living Room, Kitchen, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator
  • Total Bedrooms: 11
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bathrooms: 5
  • Basement: Full
  • Above Grade Finished Sq Ft: 4320
  • Living Area: 4320
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN2243
  • LIST PRICE PER Sq Ft: 254.4
  • PRICE PER Sq Ft: 254.4

Exterior Features

  • Construction Materials: Frame, Brick, Stone
  • Foundation Details: Brick/Mortar, Granite
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Propane Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4000

Lot Info

  • Parcel Number: M:09 B:006 L:00011,1770750
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9109
  • Lot Size Units: Acres
  • PAGE: 88
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8938
  • Tax Book Number: 68132

Multi Family

  • Electric Expense: 6957
  • Gross Income: 145200
  • Net Operating Income: 127045
  • Number Of Units Total: 4
  • Operating Expense: 18155
  • Total Actual Rent: 12100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 4
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $1,099,000 0.0% $254 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $1,099,000 -- $254 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73357368

MLS Property Information Network (MLS PIN)