$630,000
7 Mott St, Worcester, MA
9
Beds
3
Baths
3,981
Square feet
0.09
Acres
OPEN HOUSE SATURDAY June 3rd from 2:30-4pm. Welcome to 7 Mott St-- the turn key investment you have been waiting for!This classic triple decker features three very spacious and bright 3 bedroom apartments. All units have their own storage, washer /dryer hook ups, plus there is driveway parking-- all things long term tenants are looking for! Tenant retention = cash flow! Lead certs in hand for apartments 1 and 2. All separately metered gas and electric services with an owner's panel. Long term tenants with room for growth on the rents. Potential rental income of $6000/m! Potential to convert to 4 bedroom units for additional income. Very close to the fun at Polar Park and Rt 290 for an easy commute. The small lot and consistent maintenance throughout current ownership minimizes operational expenses. This building is professionally managed and runs like clockwork. Rent rolls and trailing 12 financials are available upon request. Y2D financials running at a 29% expense ratio!
Facts & Features
MLS® # | 73111491 |
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Price | $630,000 |
Bedrooms | 9 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 3,981 |
Acres | 0.09 |
Year Built | 1890 |
Type | Residential Income |
Sub-Type | 3 Family - 3 Units Up/Down |
Status | Closed |
Community Information
Address | 7 Mott St |
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City | Worcester |
County | Worcester |
State | MA |
Zip Code | 01604-4219 |
Amenities
Parking Spaces | 4 |
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Parking | Paved Drive, Off Street, Paved |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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# of Stories | 6 |
Additional Information
Zoning | RG-5 |
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Listing Details
Agent | Michaela Hillier |
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Office | Castinetti Realty Group |