216-228 Park Avenue
Worcester, MA 01609

$4,199,000

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Listing Details

$4,199,000
MLS# 73573445
Type Commercial - Investment
Status Active

15,239
Square Feet
0.906 acres
Lot Size
1890
Year Built

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Listed By

Agency Name: RE/MAX Partners
Agent Name: James Kalogeropoulos
Agency Phone: 508-635-1600

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

Description

An exceptional opportunity to acquire a four-property investment portfolio at the highly visible corner of Highland Street and Park Avenue in Worcester. The portfolio consists of two rooming houses, a three-family building, and a single-family residence, providing multiple income streams and strong, consistent cash flow. The buildings have benefited from extensive updates, improvements, and renovations, including new roofs, siding, windows, central heating and air conditioning, and numerous cosmetic upgrades. The portfolio also features a stabilized rent roll, tenants at will, extensive street frontage, and ample off-street parking. The single-family...read more

Features

$39,826 Taxes
Built in 1890

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