249 Lincoln St 249 Lincoln St 7 Unit Apartment Building $1,300,000 ($185,714/Unit) 9% Cap Rate Worcester, MA 01605

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 249 Lincoln Street in Worcester, Massachusetts (the “Property”). The three-story building contains seven (7) units comprised of four (4), 2-Bedroom/1-Bathroom units, one (1) Studio unit, and two (2), Commercial units with 7,135 square feet of gross living area in 11,635 square feet of gross area. The Property is situated on a 0.20-acre parcel with over four (4) off-street parking spaces. 249 Lincoln Street is fully renovated with strong in-place rents for both the residential and commercial units and features over three years of term remaining on both commercial leases. The residential units feature recent renovations that drive income and minimize future capital expenditures. Each unit is separately metered for heat, hot water, and electricity which the tenants pay directly further boosting the net operating income. 249 Lincoln Street is well-located in the Brittan Square neighborhood of Worcester, less than a block from the UMass Memorial Medical Center - Hahnemann Campus and minutes from downtown with excellent access to all the amenities the city has to offer. Worcester features a walkable downtown with a plethora of employment and entertainment opportunities. High profile attractions include the DCU Center and Palladium venues, and UMass Memorial Medical Center is the largest employer in the city. The Property benefits from proximity to major arterial roads, including Route 70, Route 9, Route 12, Route 122A, and Interstate 290, providing efficient connectivity throughout Worcester and the broader Central Massachusetts region, as well as direct access to the Massachusetts Turnpike (I-90) for travel to Boston and Western Massachusetts.