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47 4th St
Worcester, MA 01602
Multifamily Property For Sale
·
9 Units
EXECUTIVE SUMMARY
Attention Investors...!
This $4M investment is a mixed-use multifamily development that will feature exceptional construction with nine (9) luxurious condominiums (4 duplexes & 1 single unit ), all are three bedroom & two bath units, garage in 1,176 sf. The project is seventy (70) % complete and estimated to require $1.0M to achieve occupancy. Each unit completed with gourmet kitchens, gleaming hardwood floors, washer and dryer, walk-in closets, and multiple well-appointed bathrooms. Ample parking surrounding the building. This property is a must-see for the serious buyer seeking strong investment returns. It was appraised in January 2024 for $6.25M with 2026 market pricing
projected to be $725,000/unit.
This property is one of a Worcester Metro portfolio being offered separately or as a package of two or more. This five property portfolio is valued at $27.1M.
This $4M investment is a mixed-use multifamily development that will feature exceptional construction with nine (9) luxurious condominiums (4 duplexes & 1 single unit ), all are three bedroom & two bath units, garage in 1,176 sf. The project is seventy (70) % complete and estimated to require $1.0M to achieve occupancy. Each unit completed with gourmet kitchens, gleaming hardwood floors, washer and dryer, walk-in closets, and multiple well-appointed bathrooms. Ample parking surrounding the building. This property is a must-see for the serious buyer seeking strong investment returns. It was appraised in January 2024 for $6.25M with 2026 market pricing
projected to be $725,000/unit.
This property is one of a Worcester Metro portfolio being offered separately or as a package of two or more. This five property portfolio is valued at $27.1M.
PROPERTY FACTS
| Price Per Unit | $444,444 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| No. Units | 9 | Building Size | 4,842 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1987 |
| Zoning | R6B - R3 - Low density residential district | ||
| Price Per Unit | $444,444 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Building Size | 4,842 SF |
| No. Stories | 3 |
| Year Built | 1987 |
| Zoning | R6B - R3 - Low density residential district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
SITE AMENITIES
- 24 Hour Access
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