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Listing Details
- $1,499,000
- MLS# 73565816
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Property Investors & Advisors, LLC
Agent Name: Brian Allen
Agency Phone: 774-413-0272
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
Description
Exceptional WPI Student Housing Investment Opportunity! Massive, fully occupied 7-unit property with monthly income of $14,200 and ideally located within close proximity of WPI and the heart of Worcesters premier student rental corridor. All seven apartments are leased through Summer 2027, providing immediate, stable cash flow, with six of seven units leased to WPI students. Electricity is separately metered, with tenants responsible for their own electric and internet, helping keep operating expenses low. Recent capital improvements include a new roof with gutter system, upgraded electrical service and panels, and extensive interior updates...read more
Features
- 5 Fireplaces
- 5.0 Stories
- $11,205 Taxes
- Public
- Built in 1920
Gallery
Listed By
Agency Name: Property Investors & Advisors, LLC
Agent Name: Brian Allen
Agency Phone: 774-413-0272
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
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