This well-maintained 7-unit property consists of three 3-bedroom/1-bathroom and four 2-bedroom/1-bathroom units, totaling5, 682sq ft of living space. Notably, all units have undergone extensive renovations, mostly featuring granite countertops, stainless steel appliances, new bathrooms, and modern finishes. It is separately metered for heat and electric, with the owner only responsible for hot water. The property also includes off-street parking. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of$13, 145monthly. Centrally located, its within less than a mile of WPI and a short walk from Elm Park and other downtown amenities. Listed at a 7.35 cap rate, this property represents a valuable investment a growing Worcester market.
Protect Yourself FromRental Scams
While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow
expert tips to reduce the risk of fraud when renting a new apartment.