BEDS12
BATHS4 full
SQUARE FEET4,196
MLS#73486466
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rare 4-unit investment opportunity in Worcesters desirable Columbus Park neighborhood, featuring four spacious 3-bedroom / 1-bath units ?? a highly desirable layout in Worcesters rental market ?? delivered 100% vacant, allowing the next owner to implement their own leasing strategy and capture immediate upside. Each unit has separate heat and electric with breaker panels (no fuses), providing clean utility separation and efficient management. With market rents estimated around $2,300??$2,500 per unit, the property offers projected gross income of $110,000??$120,000 annually at stabilization. Located on a quiet tree-lined street, a 10-minute walk to Clark University and an 8-minute walk to the Coes Reservoir Boardwalk, with convenient access to the College of the Holy Cross, Worcester State University, and downtown Worcester amenities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Concrete
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 4.0
Taxes: $10,539
Year Built: 1910
Amenities
Living Room
Kitchen
Sunroom
Dining Room
Garden
Feature Descriptions
Building Area Total: 4196
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, 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: 2
Dwelling Type: 4 Family
Electric: Circuit Breakers
Exterior: Frame
Flooring: Wood, Tile
Open Parking Y/N: Yes
Parcel Number: M:14 B:021 L:00020,1776075
Parking Features: Off Street
Parking Total: 3
Patio And Porch: Porch, Patio
Rooms Total: 23
Sewer: Public Sewer
Special View Info: Scenic View(s)
Units: 4
Utilities: for Gas Range, for Electric Range, Varies per Unit
Water: Public
Listed By / Shown By
Listed By
Agency Name: Bridgemont Realty LLC
Agency Phone: 617-529-0751
Agent Name: Ben Hicks
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,269.62 per month $2,114.29 Principal & Interest $878.25 Property Tax $277.08 Homeowner's Insurance
15 Circuit Ave E | MLS# 73486466
This multi-family property located at 15 Circuit Ave E, Worcester, MA 01603 is currently listed for sale with an asking price of $950,000. Search Worcester real estate on www.masiellogrouprealestate.com today.