62 May St, Worcester, MA 01610
- $700,000
- 10
- BD
- 3
- BA
- 3,765
- SqFt
- Sold Price
- $700,000
- List Price
- $699,900
- Status
- SOLD
- MLS#
- 73501533
- Bedrooms
- 10
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,765
- Lot Size (Acres)
- 0.14
- Year Built
- 1890
Property Description
Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.
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Additional Information
- Taxes
- $8,605
- Interior Features
- Lead Certification Available, Remodeled, Living Room, Kitchen, Dining Room
- Parking Description
- Paved Drive, Off Street, Tandem
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: The Decotis Group from Listing Office: Lyv Realty.
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