1029-1041 Main St | Worcester, MA 01603
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1029-1041 Main St
Worcester, MA 01603
1029-1037 & 1039-1041 Main St · Multifamily Property For Sale
·
33 Units
PROPERTY FACTS
| No. Units | 33 | Building Size | 31,432 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 0.58 AC | ||
| Zoning | BG-3 - Legal Conforming | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 31,432 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1920 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | BG-3 - Legal Conforming |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Intercom
SITE AMENITIES
- Laundry Facilities
ABOUT 1029-1041 MAIN ST , WORCESTER, MA 01603
Very rare opportunity to own two large brick buildings contains 33 apartment units (most of them two bedroom units) at convenient and highly demand downtown Worcester Webster Square location with walking distance to Clark University. Fully occupied with waiting list. Huge cash flow. Great potential. New boilers, New water heaters, New electric panels, New fire alarm systems, New sprinkler systems, etc. Detail Financials available per request.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $600.00 | 300 |
| 1+1 | 3 | $900.00 | 650 |
| 2+1 | 22 | $1,050 | 750 - 900 |
| 3+1 | 4 | $1,300 | 900 - 1,000 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,698,000 | |
| Land Assessment | $1,650,000 | Total Assessment | $4,348,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,650,000
Improvements Assessment
$2,698,000
Total Assessment
$4,348,000
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