5 & 7 Ashland Street – 8 Units!! Turnkey 8-family investment in 01609! The property includes six 2-bedroom units and two ground-level 1-bedroom/studio units. All eight units have been fully renovated with high ceilings. Major updates include separate utilities, updated electrical, plumbing, and heating systems, replacement windows, brand-new rear porches, a driveway, and common laundry. Most tenants are on tenant-at-will (TAW) leases. Several units below market rent, offering upside potential -- Current rent roll is $11,450/month!! Great investment opportunity with strong rental income and value-add potential! (Open House this Sunday, July 12, 2026 11:00 AM to 1:00 PM) !!
5 Ashland St, Worcester, MA, 01609
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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