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EXECUTIVE SUMMARY
Brian Johnson & Paul Matt of Kelleher & Sadowsky Associates, Inc. are pleased to present a prime investment opportunity at 23 Boylston Street in Worcester, Massachusetts.
Situated on approximately 0.96 acres, the property features four (4) individual duplex buildings with a total of eight (8) two bedroom/two bath units. Each ±2,500 square foot building was constructed in 1988 and offers efficient & manageable layouts. The site offers exceptional accessibility, located just minutes from I-290, I-190 and Route 9. The property is located between Worcester’s Lincoln Plaza and Plantation Street, providing easy access to local shopping, restaurants, banks, and other area amenities.
Each building will be delivered vacant providing an investor or developer with maximum flexibility for future repositioning, redevelopment or value-add strategies. Each building was most recently occupied by YOU, Inc. Zoned residential single family 7 (RS-7) by the City of Worcester, the property allows for a variety of residential uses, while larger multifamily or mixed-use redevelopment may be pursued through a special permit. With its strategic location, strong transportation access, and proximity to major employment, retail, and lifestyle amenities, this property presents a rare opportunity to acquire a well-located, income-producing asset with significant upside potential in a growing Central Massachusetts community.
Please contact Brian Johnson or Paul Matt at Kelleher & Sadowsky Associates, Inc. for more information or to schedule a tour!
Situated on approximately 0.96 acres, the property features four (4) individual duplex buildings with a total of eight (8) two bedroom/two bath units. Each ±2,500 square foot building was constructed in 1988 and offers efficient & manageable layouts. The site offers exceptional accessibility, located just minutes from I-290, I-190 and Route 9. The property is located between Worcester’s Lincoln Plaza and Plantation Street, providing easy access to local shopping, restaurants, banks, and other area amenities.
Each building will be delivered vacant providing an investor or developer with maximum flexibility for future repositioning, redevelopment or value-add strategies. Each building was most recently occupied by YOU, Inc. Zoned residential single family 7 (RS-7) by the City of Worcester, the property allows for a variety of residential uses, while larger multifamily or mixed-use redevelopment may be pursued through a special permit. With its strategic location, strong transportation access, and proximity to major employment, retail, and lifestyle amenities, this property presents a rare opportunity to acquire a well-located, income-producing asset with significant upside potential in a growing Central Massachusetts community.
Please contact Brian Johnson or Paul Matt at Kelleher & Sadowsky Associates, Inc. for more information or to schedule a tour!
PROPERTY FACTS
| Price | $2,500,000 | Apartment Style | Townhome |
| Price Per Unit | $312,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.96 AC |
| No. Units | 8 | Building Size | 10,981 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1988 |
| Zoning | RS-7 | ||
| Price | $2,500,000 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.96 AC |
| Building Size | 10,981 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Zoning | RS-7 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
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Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | WORC-000046-000020-000086-000089 | Improvements Assessment | $1,038,000 |
| Land Assessment | $587,200 | Total Assessment | $1,625,200 |
PROPERTY TAXES
Parcel Number
WORC-000046-000020-000086-000089
Land Assessment
$587,200
Improvements Assessment
$1,038,000
Total Assessment
$1,625,200
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23 Boylston St
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