Price Reduced 5.37%
15 Circuit Ave E, Worcester, MA, 01603
23 rooms
12 beds
4 Full baths
1910
4,196 sqft
Rare 4-unit investment opportunity in Worcester’s desirable Columbus Park neighborhood, featuring four spacious 3-bedroom / 1-bath units — a highly desirable layout in Worcester’s rental market — delivered 100% vacant, allowing the next owner to implement their own leasing strategy and capture immediate upside. Each unit has separate heat and electric with breaker panels (no fuses), providing clean utility separation and efficient management. With market rents estimated around $2,300–$2,500 per unit, the property offers projected gross income of $110,000–$120,000 annually at stabilization. Located on a quiet tree-lined street, a 10-minute walk to Clark University and an 8-minute walk to the Coes Reservoir Boardwalk, with convenient access to the College of the Holy Cross, Worcester State University, and downtown Worcester amenities.Property is equipped with audio/video recording devices.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
Res
Basement:
Full, Concrete
Levels:
4
Parking:
3-car, Off Street
Acreage:
0.19
Est. Taxes:
$10,539
Assessment
$799,000
Construction
Frame
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
MLS #:
73486466
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Ben Hicks, Bridgemont Realty LLC 617-529-0751