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$690,000
Total Beds: 5 Total Baths: 4
Total Units: 3 SQFT: 3872
LOT size: 0.08 Acres
175-179 Millbury St
Worcester, MA 01610
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Property Description

Unlock the potential of this well-maintained 3-unit property in the heart of Worcester. Featuring a first-floor bar, a spacious 3-bedroom apartment on the second floor, and a comfortable 2-bedroom apartment on the third floor, this building is great for investors or owner-occupiers – 3rd Floor residential unit will be vacant at closing. Windows, siding, roof, fire escape, and driveway were all updated in 2016, and this property is ready for the future. Off-street parking accommodates 6 vehicles. Located near Polar Park with easy access to Routes 146 and 290. Don't miss this exceptional investment opportunity! Rents below market.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Amenities: Highway Access, Park, Public Transportation, Shopping
  • Basement Features: Crawl, Mixed, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Tile Floor
  • Common Appliances: Range, Refrigerator
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 51600
  • Gross Expenses: 5564
  • Electric Expenses: 564
  • Water/Sewer: 1000
  • INSC: 4000
  • Net Operating Income: 46036

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: No

Construction

  • Year Built: 1928
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73249520
  • Last Updated: 12/07/24

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Map

Seller's Representative: Elizabeth Cruz, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-12-07 03:30:00

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