BEDS12
BATHS6 full
SQUARE FEET5,802
MLS#73489300
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Prime investment opportunity! Turnkey 6-unit building just a short walk to Clark University. Property features six spacious, renovated 2-bedroom / 1-bathroom units, delivering reliable cash flow with a solid, long-term tenant base and minimal landlord responsibilities. Fully separate utilities: individual electric meters, separate gas meters, tenant-paid hot water baseboard heat, and tenant-paid hot water heaters in each unit. City trash pickup included at no extra cost. Building updates include newer vinyl siding, newer vinyl replacement windows, and a newer rubber roof. Interiors feature fresh paint, recently refinished hardwood floors, and updated hardware. Two parking spots (tandem) behind property can provide additional rental income. Ideal for investors seeking a hassle-free, income-producing asset in a vibrant area with strong rental demand from students and professionals.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Lot Size: 0.09 Acres
Roof Type: Rubber
Stories: 5.0
Taxes: $14,838
Year Built: 1920
Feature Descriptions
Building Area Total: 5802
Community Features: Public Transportation, Park, House of Worship, Public School, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 78
Dwelling Type: 4 Family - Rooming House
Exterior: Frame
Flooring: Hardwood
Lot Features: Corner Lot
Parcel Number: 1769972
Parking Features: Off Street
Parking Total: 2
Rooms Total: 24
Sewer: Public Sewer
Units: 6
Water: Public
Listed By / Shown By
Listed By
Agency Name: Longwood Residential, LLC
Agent Name: Michael Tinsley
Agency Phone: 617-396-3100
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,005.46 per month $2,448.12 Principal & Interest $1,236.50 Property Tax $320.83 Homeowner's Insurance
1038 Main Street | MLS# 73489300
This multi-family property located at 1038 Main Street, Worcester, MA 01603 is currently listed for sale with an asking price of $1,100,000. Search Worcester real estate on www.masiellogrouprealestate.com today.