Rare, mixed-use opportunity in one of Worcester's most desirable neighborhoods. The oversized 0.41-acre lot, zoned RS-7, is improved by a large single-family home offering approximately 5,500 SF of living space, 10+ bedrooms, and 2/3-car garage with a connected apartment above. Ideal for an owner-occupant looking to offset their mortgage with rental income, or an investor seeking immediate cash flow. The generous lot size presents excellent upside potential for an additional building, ADU or something larger. Located in the sought-after Highland St corridor and within easy reach of downtown Worcester, a short walk to WPI and moments to major routes and all Worcester has to offer. The property combines character, flexibility, and long-term upside in a location that continues to see strong demand. Ideal for investors seeking quality student housing, a value-add asset or someone requiring a work-live location. Also listed under MLS #73552454.
328 Highland St, Worcester, MA, 01608
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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