Exceptional turnkey investment opportunity! This completely remodeled 3-family property features 3 spacious units, each offering 3 bed, granite countertops, modern finishes, in-unit laundry, and central air conditioning/forced-air heating. The 1st and 3rd-floor units each feature 1.5 baths. Major updates include new insulation, electrical, plumbing, HVAC systems, and furnace, replacement vinyl windows, and vinyl siding, completed in 2018. The property is designed for low-maintenance ownership with public water and sewer, separate electric and natural gas for each unit, helping minimize owner expenses. Additional features include private balconies, basement storage, and two assigned parking spaces per unit located at the rear of the building. The property boasts a strong rental history and is currently fully occupied, generating immediate income. Conveniently located near major highways, UMASS, and downtown, this income-producing asset offers excellent long-term investment opportunity.
- Heating System:
- Central, Forced Air, Unit Control, Individual, Natural Gas
- Cooling System:
- Central Air, Unit Control, Individual
- Basement:
- Full, Sump Pump, Interior Entry, Unfinished, Concrete
- Parking:
- Assigned, Stone/gravel, Off Street, Unpaved, Shared Driveway
- Appliances:
- Range, Microwave, Range Hood, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher
- Construction:
- Frame, Stone
- Exterior Unit Features:
- Balcony, Balcony/deck
- Flooring:
- Tile, Vinyl, Stone/ceramic Tile
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Circuit Breakers, 220 Volts, Individually Metered, 200+ Amp Service
- Garage Parking
- Interior Features:
- Kitchen, Storage, Stone/granite/solid Counters, Upgraded Cabinets, Dining Room, Pantry, Bathroom With Shower Stall, Living Rm/dining Rm Combo, Living Room, Upgraded Countertops, Remodeled, Laundry Room
- Lead Paint:
- No
- Laundry Features:
- Gas Dryer Hookup, Washer Hookup, Electric Dryer Hookup, Dryer Hookup
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water)
- Area:
- Union Hill
- Grade School:
- Union Hill School
- High School:
- North High School
- Middle School:
- Worcester East Middle School
- Market Time:
- 1
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $242
- Zoning:
- RG-5
- No Units:
- 3
- Orig Price:
- $875,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Worcester
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01604
- Longitude:
- W72° 12' 52.4''
- Latitude:
- N42° 15' 4.8''
Residential Income
86 Houghton St, Worcester, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $875,000
- Bedrooms :
- 9
- Rooms :
- 18
- Total Bathrooms :
- 4
- Full Bathrooms :
- 3
- Half Bathrooms :
- 2
- Square Footage :
- 3,618 Sqft
- Year Built :
- 1925
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73537685
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com