340 Main St | Worcester, MA 01608
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- LoopNet Team
340 Main St
Worcester, MA 01608
Approved 312-Unit Multi-Family Redevelopment · Multifamily Property For Sale
·
312 Units
INVESTMENT HIGHLIGHTS
- APPROVED MARKET-RATE HISTORIC REDEVELOPMENT
- TIGHT RENTAL MARKET WITH STRONG TRENDS
- OPPORTUNITY ZONE INCENTIVES & TAX CREDITS IN EXCESS OF $23 MILLION OF INCENTIVES
- EXCELLENT DOWNTOWN LOCATION WITH EXPANSIVE TRANSFORMATION
PROPERTY FACTS
| No. Units | 312 | Lot Size | 1.18 AC |
| Property Type | Multifamily | Building Size | 333,302 SF |
| Property Subtype | Apartment | No. Stories | 10 |
| Apartment Style | Mid-Rise | Year Built | 1897 |
| Building Class | C | ||
| Zoning | BG-6 - Commercial Business | ||
| No. Units | 312 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 333,302 SF |
| No. Stories | 10 |
| Year Built | 1897 |
| Zoning | BG-6 - Commercial Business |
AMENITIES
SITE AMENITIES
- Public Transportation
PROPERTY TAXES
| Parcel Number | WORC-000003-000032-000021 | Improvements Assessment | $14,014,000 |
| Land Assessment | $165,000 | Total Assessment | $14,179,000 |
PROPERTY TAXES
Parcel Number
WORC-000003-000032-000021
Land Assessment
$165,000
Improvements Assessment
$14,014,000
Total Assessment
$14,179,000
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