Fully vacant 4-unit in Worcester’s Columbus Park—rare clean-slate investment. Four large 3-bed / 1-bath units, a highly desirable layout. Lease up at market rents from day one—no legacy tenants. Separate heat and newer electrical for clean operations. Area rents support ~$2,300–$2,500/unit, offering projected gross income of $110K–$120K at stabilization. Quiet, tree-lined location—10-minute walk to Clark University, 8 minutes to Coes Reservoir, with easy access to Worcester State. Strong immediate upside. Property equipped with audio/video recording devices.
Parking:
3-car, Off Street
Utilities
for Gas Range, for Electric Range, Varies per Unit
View Description:
Scenic View(s)
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
15 Circuit Ave E, Worcester, MA, 01603
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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