$1,100,000
19 Ward Street, Worcester, MA
12
Beds
6
Baths
5,336
Square feet
0.08
Acres
Welcome to this incredible multi-family investment opportunity. Being just steps outside of Kelley Square and Downtown Worcester, the location of this property is everything. This area of Worcester is one of the fastest developing in Massachusetts. Hundreds of residential rentals are being developed within a mile of these units. Stand on the front porch and see the potential it has to offer in real time. 19 Ward Street is made up of 6 two-bedroom/1 bath units. Three units have been beautifully renovated, and rent has been stabilized. The other three units are in good condition but not renovated, creating an opportunity for an investor to add value and increase gross rental income. Clark University, Holy Cross and WPI are a few of the multiple colleges within 2-3 miles of the property. Polar Park is a newer addition the area which has brought entertainment, retail, restaurants and jobs to the area. New security camera system.
Facts & Features
MLS® # | 73223598 |
---|---|
Price | $1,100,000 |
Bedrooms | 12 |
Bathrooms | 6.00 |
Full Baths | 6 |
Square Footage | 5,336 |
Acres | 0.08 |
Year Built | 1900 |
Type | Residential Income |
Sub-Type | 5-9 Family |
Status | Active |
Taxes | $8,474 |
Tax Year | 2023 |
Community Information
Address | 19 Ward Street |
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City | Worcester |
County | Worcester |
State | MA |
Zip Code | 01610 |
Amenities
Utilities | for Gas Range, for Electric Range |
---|---|
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Storage, Mudroom, Kitchen, Family Room |
---|---|
Appliances | Range, Dishwasher, Microwave, Refrigerator, Freezer |
Heating | Electric, Natural Gas |
Fireplace | No |
# of Stories | 9 |
Basement | Yes |
Basement Features | Unfinished |
Exterior
Lot Description | Level |
---|---|
Roof | Shingle |
Construction | Frame |
Foundation | Concrete Perimeter |
Additional Information
Zoning | multi fam |
---|---|
Condo Fees | $0 |
Units In Complex | 6 |
Electric | Circuit Breakers |
Flooring | Vinyl, Carpet, Laminate |
Road Type | Public |
Water | Public |
Sewer | Public Sewer |
Utility Connections | for Gas Range, for Electric Range |
Listing Details
Agent | Melanie Zaharias |
---|---|
Office | Zaharias Real Estate, LLC |
Buyer Agent Compensation | 2% |
Buyer Agent Compensation Type | % |
Facilitator Compensation | 1% |
Facilitator Compensation Type | % |
Compensation Based On | Gross/Full Sale Price |
Sub Agency Relationship Offered | No |