BEDS41
BATHS10 full
SQUARE FEET17,806
MLS#73573403
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property Description
A compelling opportunity for an experienced investor to acquire two fully vacant buildings with plenty of off-street parking and renovate them into a stabilized, income-producing asset. Situated on a 32,254-square-foot lot, the property includes a substantial rooming house and a three-family building, offering approximately 17,806 square feet of combined living area with 41 bedrooms and 10 bathrooms. Full vacancy provides immediate access to complete renovations, address deferred maintenance, upgrade building systems, and reposition the property without working around existing tenants. Once renovated and stabilized, the combination of rooming-house accommodations and traditional multifamily units offers the potential for diversified rental income and long-term value creation. The property requires significant improvements and is best suited for a qualified investor familiar with renovation and specialized housing operations. Property is being sold as-is.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Lot Size: 0.74 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $16,664
Year Built: 1900
Feature Descriptions
Building Area Total: 17806
Community Features: Public Transportation, Shopping, Laundromat, House of Worship, Public School, Sidewalks
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: 5
Dwelling Type: 4 Family - Rooming House
Electric: 100 Amp Service,200+ Amp Service, Individually Metered, Varies per Unit
Exterior: Frame
Flooring: Tile, Carpet, Varies, Hardwood
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Cleared, Level
Open Parking Y/N: Yes
Parcel Number: M:06 B:025 L:1834
Parking Features: Paved Drive, Off Street, Common, Paved
Parking Total: 10
Road Responsibility: Public Maintained Road
Rooms Total: 53
Sewer: Public Sewer
Units: 4
Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Water: Public
Window Features: Insulated Windows
Listed By / Shown By
Listed By
Agency Name: RE/MAX Partners
Agent Name: James Kalogeropoulos
Agency Phone: 508-635-1600
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,528.06 per month $1,891.51 Principal & Interest $1,388.67 Property Tax $247.89 Homeowner's Insurance
17-19 King Street | MLS# 73573403
This multi-family property located at 17-19 King Street, Worcester, MA 01610 is currently listed for sale with an asking price of $849,900. Search Worcester real estate on www.masiellogrouprealestate.com today.