Price Reduced 12.33%

$569,000 ($207.21 per sqft)

Est. Mortgage $2,729/mo *

Quick Pre-Approval

29 Cambridge St, Worcester, MA, 01603

29 Cambridge St, Worcester, MA, 01603

18 rooms

9 beds

3 Full baths

1900

2,746 sqft

ATTENTION INVESTORS! Fully occupied 3-family offering immediate rental income with value-add potential. Each unit features 6 rooms, 3 bedrooms, hardwood floors, and replacement windows. Lead certificates in place for all units. Major updates include newer roof, oil tanks (2025), and hot water tanks. A new furnace will be installed prior to closing. Current rents are below market due to long-term tenants-at-will, presenting an opportunity to increase cash flow over time. Property needs cosmetic updates and is ideal for investors seeking to build equity and maximize returns. Conveniently located near highways, public transportation, shopping, restaurants, and colleges. Strong rental demand area with excellent long-term investment potential. Don't miss this opportunity to add a solid income-producing asset to your portfolio. A new furnace will be installed and has already been scheduled. SELLER CREDIT AVAILABLE.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

3

Zoning:

RG-5

Heating:

Oil

Basement:

Full, Interior Entry, Unfinished

Levels:

3

Acreage:

0.12

Est. Taxes:

$7,264

Assessment

$550,700

Construction

Frame

Utilities

for Electric Dryer, Washer Hookup

Lot Description:

Gentle Sloping

Amenities:

Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks

MLS #:

73503777


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Ana Roque, Property Investors & Advisors, LLC 774-413-0272