29 Realty Group, Inc.
Kathleen Durden, 29 Realty Group, Inc.Phone: (781) 686-5839
Email: kmdurden7@gmail.com
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listing
1 of 12
MultifamilyFor Sale
$1,000,000
19 Ward St
Worcester, MA 01610
Courtesy of Horvath & Tremblay - Ethan Lazar
MLS Property Information Network
6Beds
6Baths
5,328Sq Ft
Est. Mortgage
$5,262/mo

This well-located 6-unit property at 19 Ward Street in Worcester, Massachusetts, consists of six 2-bedroom/1-bathroom units, totaling 5,328 sq. ft. of living space on a 0.08-acre parcel. Each unit is separately metered for heat, hot water, and electricity, with all utilities paid directly by the tenants. The property also benefits from a roof that is less than five years old and has lead certificates for all units.Three of the six units have been extensively renovated, featuring new kitchens with granite countertops and stainless steel appliances, updated bathrooms, and new flooring. There is an opportunity to increase rents in both the renovated units and through targeted upgrades to the remaining unrenovated units to a property already boasting a monthly rent roll of $9,350. Listed at an 8.13% cap rate, this property represents a strong investment opportunity in the growing Worcester market.

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Information courtesy of Horvath & Tremblay is subject to verification and is not guaranteed.
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