86-92 Hamilton Street 2 Multifamily Properties Offered at $2,300,000 in Worcester, MA

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment Property located at 86-92 Hamilton Street in Worcester, MA (the “Property”). The two three-story six-unit buildings contains two (2) 3-Bedroom/1-Bathroom units, seven (7) 2-Bedroom/1-Bathroom units, and three (3) 1-Bedroom/1-Bathroom units with 9,234 square feet of gross living area in 12,535 square feet of gross area. The Property is situated upon a 0.29-acre parcel.
90-92 Hamilton was completely renovated following a fire. This building is sprinklered and all units are immaculately renovated. Features include new kitchens with quartz countertops and stainless-steel appliances, new bathrooms, and new flooring. All mechanicals are new as well. 86-88 Hamilton St features clean layouts with newer flooring, but units aren’t renovated as extensively as the other building. All units are separately metered for heat, hot water, and electricity which the tenants pay directly. Ample off-street parking is available for tenants, along with a renovated on-site laundry facility. There is an opportunity to increase rents in the renovated units, as well as implement programmatic upgrades to the unrenovated units to maximize rents in a supply-constrained market.
86-92 Hamilton Street is strategically located just west of downtown Worcester, offering residents convenient access to the city’s primary employment centers, retail corridors, and transportation infrastructure. Situated near Main Street and Park Avenue, the property benefits from strong regional connectivity via Interstate 290, Interstate 90 (Massachusetts Turnpike), and Route 9, allowing efficient travel throughout Central Massachusetts and into the greater Boston metropolitan area.