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340 Main St
Worcester, MA 01608
Approved 312-Unit Residential Redevelopment · Multifamily Property For Sale
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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 | 324,167 SF |
| Property Subtype | Apartment | No. Stories | 10 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1897/1928 |
| Building Class | B | ||
| Zoning | BG-6 - Conforming Mixed-Use | ||
| No. Units | 312 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.18 AC |
| Building Size | 324,167 SF |
| No. Stories | 10 |
| Year Built/Renovated | 1897/1928 |
| Zoning | BG-6 - Conforming Mixed-Use |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Public Transportation
- Smoke Detector
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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