Property Description
Turnkey, gut renovated 8-unit multifamily producing approximately $20,300/month / $243,600/year . All units are 3-bedroom layouts, including two newly completed 3BR/2BA units, for a total of 24 bedrooms. Major updates include new plumbing, new electrical, new sprinkler system, separate utilities, full insulation, renovated kitchens/baths, in-unit washer/dryer in each unit, and new appliances. Strong stabilized asset and perfect opportunity for a 1031 exchange buyer seeking current cash flow, scale, and modernized systems. Convenient Worcester location near highways, shopping, public transportation, and amenities.
Features
- Basement:
- Unfinished
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Additional 2.55 acres buildable lot included at Olde Barn Lane which abuts 21 Main Street. Barn has its own dedicated septic tank and fitted for electrical. Will not qualify for traditional FHA or VA. Buyer to conduct due diligence.
- Garage Parking
- Lead Paint:
- Unknown
Additional Information
- Market Time:
- 4
- Parking Spaces:
- 7
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $223
- Zoning:
- BL-1
- No Units:
- 8
- Orig Price:
- $2,300,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Worcester
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01604
- Longitude:
- W72° 11' 58.1''
- Latitude:
- N42° 14' 25''
Residential Income
605 Millbury St, Worcester, Massachusetts
24 Bedrooms
10 Total Bathrooms
10,308 Sqft
$2,300,000
Listing ID #73517217
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,300,000
- Bedrooms :
- 24
- Rooms :
- 40
- Total Bathrooms :
- 10
- Full Bathrooms :
- 10
- Square Footage :
- 10,308 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.14 Acre
- Listing ID :
- 73517217
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent
