Your email has been sent.
60 Richards St 6,500 SF Flex Condo Unit Offered at $1,950,000 in Worcester, MA 01603
1 Unit Available
Unit 5 units
| Unit Size | 6,500 SF | Sale Type | Investment |
| Price | $1,950,000 | Cap Rate | 2.00% |
| Price Per SF | $300.00 | NOI | $39,000 |
| Condo Use | Flex |
| Unit Size | 6,500 SF |
| Price | $1,950,000 |
| Price Per SF | $300.00 |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 2.00% |
| NOI | $39,000 |
Description
Presenting a rare investment opportunity to acquire a 5-unit portfolio within a well-maintained 9 unit condominium complex at 60 Richards st, Worcester MA was built in 2024-2025. This sale represents over 50% ownership of entire association, offering the incoming owner significant control over the building's management and future capital improvements. 5 individual condo units delivered as a single investment package. Ideal for 1031 exchange. Each unit has 3 bedrooms and 2 full baths and 2 cars garage. Approximately 1300f for living spaces. A federal designated Opportunity Zone, perfect for sophisticated investors looking to leverage powerful tax incentives. Walk to Clark University. Easy to access highway and many amenities.
+16 More
IMG_2645
IMG_2646
IMG_2649
IMG_2650
IMG_2651
IMG_2652
IMG_2653
IMG_2667
IMG_2666
IMG_2665
IMG_2664
IMG_2663
IMG_2662
IMG_2661
IMG_2660
IMG_2658
IMG_2657
IMG_2656
IMG_2655
IMG_2654
IMG_2653
Property Facts
| Total Building Size | 14,503 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,300 SF |
| Property Subtype | Apartment | Year Built | 2025 |
| Building Class | B | Lot Size | 0.47 AC |
| Total Building Size | 14,503 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 1,300 SF |
| Year Built | 2025 |
| Lot Size | 0.47 AC |
Presented by
Charlton Realty
60 Richards St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.