$1,150,000 ($198.21 per sqft)

Est. Mortgage $5,516/mo *

Quick Pre-Approval

1038 Main Street, Worcester, MA, 01603

1038 Main Street, Worcester, MA, 01603

24 rooms

12 beds

6 Full baths

1920

5,802 sqft

Prime investment opportunity! Turnkey 6-unit building just a short walk to Clark University. Property features six spacious, renovated 2-bedroom / 1-bathroom units, delivering reliable cash flow with a solid, long-term tenant base and minimal landlord responsibilities. Fully separate utilities: individual electric meters, separate gas meters, tenant-paid hot water baseboard heat, and tenant-paid hot water heaters in each unit. City trash pickup included at no extra cost. Building updates include newer vinyl siding, newer vinyl replacement windows, and a newer rubber roof. Interiors feature fresh paint, recently refinished hardwood floors, and updated hardware. Two parking spots (tandem) behind property can provide additional rental income. Ideal for investors seeking a hassle-free, income-producing asset in a vibrant area with strong rental demand from students and professionals.


Status:

Active

Type:

Multi-family

Units:

6

Zoning:

BG-2

Basement:

Unfinished

Levels:

5

Parking:

2-car, Off Street

Acreage:

0.09

Est. Taxes:

$14,839

Assessment

$1,125,000

Construction

Frame

Lot Description:

Corner Lot

Amenities:

Public Transportation, Park, House of Worship, Public School, University

MLS #:

73489300


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Michael Tinsley, Longwood Residential, LLC 617-396-3100