This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
120 Dorchester St
Worcester, MA 01604
Multifamily Property For Sale
·
9 Units
Property Facts
| No. Units | 9 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 15,285 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1915/1990 |
| Building Class | C | Parking Ratio | 0.98/1,000 SF |
| Zoning | RG-5 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 15,285 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1915/1990 |
| Parking Ratio | 0.98/1,000 SF |
| Zoning | RG-5 |
Amenities
Unit Amenities
- Heating
Site Amenities
- Fenced Lot
- Laundry Facilities
About 120 DORCHESTER ST , WORCESTER, MA 01604
Opportunity to purchase this TURN KEY 9 UNIT apartment building bringing in ($7,975/mo + coin opp) with HUGE UPSIDE potential in the hot Worcester rental market. This is a great professionally managed, fully leased investment property with all tenants paying rent. Below market rents for its current condition with ability to increase rents with the building as is. Owner leased units below market to attract better quality tenants. Property offers huge upside potential of $11,000 + ( 3 - 3 Beds x $1,400, 6 - 2 Beds x $1,200) with minimal unit upgrades. The building consist of an original 3 family that is all large 3 bedrooms with a 6 unit addition in 1990 consisting of all 2 bedrooms. All units deleaded when owner purchased the property, owner is missing one certificate. Tons of off street parking and coin opp laundry make this a great investment opportunity. Tenants pay individually metered Gas Heat, Electric an Hot Water.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | $1,150 | - |
| 2+1 | 6 | $1,050 | - |
Property Taxes
| Parcel Number | WORC-000035-000002-000063-000064 | Improvements Assessment | $411,000 |
| Land Assessment | $630,000 | Total Assessment | $1,041,000 |
Property Taxes
