Property Description
This multi-family investment property offers a solid rental income potential with a prime location. With a total of 9 bedrooms and 4 bathrooms, this property has a spacious layout offering great flexibility. Investment Highlights: Strong rental demand in Worcester due to its proximity to local universities, healthcare institutions, and a growing downtown area. Recent updates and maintenance in common areas and individual units, ensuring lower immediate expenses for the new owner (see attached). Potential for significant cash flow with rent increases as property values in the area continue to rise. Well-maintained exterior and solid infrastructure.
Features
: Full, Unfinished, Concrete
: Security System
: Off Street, Paved
: Range, Dishwasher, Refrigerator, Range Hood
: Frame
: Tile, Hardwood
: Public Sewer
: Public
: Individually Metered
: 2
: Kitchen, Dining Room, Living Room, Laundry Room
: Unknown
: Washer & Dryer Hookup
: Paved
: Unit 2(heat, Hot Water), Unit 1(heat, Unit 3(heat
Additional Information
Green Hill
21
2
2023
Closed
$213
RL-7
3
$684,000
: No
No
Sold
Address Map
Worcester
Massachusetts
Worcester
01605
W72° 12' 21.6''
N42° 17' 6.2''
Residential Income
13 Gilman Street, Worcester, Massachusetts
9 Bedrooms
4 Bathrooms
6,000 Sqft
$684,000
Listing ID #73303190
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Price : $684,000
Bedrooms : 9
Rooms : 20
Bathrooms : 4
Square Footage : 6,000 Sqft
Year Built : 1923
Lot Area : 0.14 Acre
Listing ID : 73303190
BathroomsFull : 4