Worcester, MA 01604,120 Dorchester St
Worcester, MA 01604,120 Dorchester St
Worcester, MA 01604,120 Dorchester St
13
$698,000
Est.Price: ?

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21 BD
9 BA
7,900 SqFt

120 Dorchester St Worcester, MA 01604

Est. payment /mo
SOLD DATE : 10/01/2018

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Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,900 sqft

Price per Sqft $85

MLS Listing ID 72360071

Sold Date 10/01/18

Bedrooms 21

Full Baths 9

Year Built 1990

Annual Tax Amount $13,957

Tax Year 2018

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type 5-9 Family

Property Description

Opportunity to purchase this TURN KEY 9 UNIT apartment building bringing in ($7,975/mo + coin opp) with HUGE UPSIDE potential in the hot Worcester rental market. This is a great professionally managed, fully leased investment property with all tenants paying rent. Below market rents for its current condition with ability to increase rents with the building as is. Owner leased units below market to attract better quality tenants. Property offers huge upside potential of $11,000 + ( 3 - 3 Beds x $1,400, 6 - 2 Beds x $1,200) with minimal unit upgrades. The building consist of an original 3 family that is all large 3 bedrooms with a 6 unit addition in 1990 consisting of all 2 bedrooms. All units deleaded when owner purchased the property, owner is missing one certificate. Tons of off street parking and coin opp laundry make this a great investment opportunity. Tenants pay individually metered Gas Heat, Electric an Hot Water.

Location

State MA

County Worcester

Zoning RG-5

Direction Grafton St to Dorchester St or Vernon St to Dorchester St

Rooms

Basement Full

Interior

Interior Features Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)

Heating Unit 1(Gas), Unit 2(Electric)

Cooling Unit 1(None)

Appliance Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator)

Laundry Laundry Room

Exterior

Total Parking Spaces 16

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

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Listed by weRENTcentralmass
Bought with Robert Budak • Keller Williams Realty Greater Worcester

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agent

Jonathan Bombaci

Founder, CEO

+1(978) 710-5616

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