This recently renovated 2-family property at 143 Dorchester St is a powerhouse addition to any portfolio. Optimised for maximum rental income and low maintenance, the property features completely updated kitchens and baths in both units, ensuring premium market rents and attracting high-quality tenants from day one. New W/D inside of unit 2.Strategic capital improvements include brand-new natural gas furnaces and separate utilities, shifting the overhead to tenants and protecting your bottom line. Investors will immediately recognise the value of the abundant off-street parking, a high-demand amenity in Worcester that significantly reduces vacancy rates.Ideally located near major commuter routes and local employment hubs, this property is designed for the "buy and hold" investor looking for a stabilized, modern asset in a growing market.
143 Dorcester, Worcester, MA, 01604
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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