$1,775,000
2 Preston St, Worcester, MA
29
Beds
10
Baths
10,170
Square feet
0.07
Acres
Incredible investment opportunity! 8% cap and over $217,800 in operating income. This well maintained fully occupied 10 unit brick building offers (9) 3-bedroom units and (1) 2-bedroom unit has been updated and well maintained over the years. 9/10 units are lead certified and features hardwood floors, updated kitchens, updated electrical with 100amp panel in each unit, hot water baseboard heating and laundry in unit. The building has undergone replacement of major components, including replacement of rear decks, all new electrical, baseboard heating serviced by (2) Buderus boilers and 2 Superstor Hot Water storage tanks. Building has had air sealing and insulation added to attic space. 7 security cameras with remote operation. All long-term tenants paying great rents.
Facts & Features
| MLS® # | 73097325 |
|---|---|
| Price | $1,775,000 |
| Bedrooms | 29 |
| Bathrooms | 10.00 |
| Full Baths | 10 |
| Square Footage | 10,170 |
| Acres | 0.07 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Closed |
Community Information
| Address | 2 Preston St |
|---|---|
| City | Worcester |
| County | Worcester |
| State | MA |
| Zip Code | 01610-1182 |
Amenities
| Utilities | for Gas Range |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 5 |
Additional Information
| Zoning | RG-5 |
|---|
Listing Details
| Agent | Kimberly Rickman |
|---|---|
| Office | OWN IT, A 100% Commission Brokerage |