BEDS12
BATHS3 full
SQUARE FEET4,051
MLS#73601548
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Turnkey Investment Opportunity at 36 Paine Street, Worcester, MA!Exceptional opportunity to own a large, oversized, fully occupied three-family property generating turnkey rental income. Each of the three spacious units features 4 bedrooms, a living room, kitchen, and full bathroom with tub and shower, offering an impressive total of 12 bedrooms across the property. All three units have been completely remodeled, showcasing hardwood and luxury vinyl plank flooring, stainless steel appliances, replacement windows and doors, and washer and dryer hookups in every unit. Additional highlights include separate utilities for each floor, with tenants responsible for all utilities, including water, which is sub-metered. Lead certificates are in place for all three units, providing added peace of mind.Even better, the property is fully occupied and generates rental income designed to cover all operating expenses, making this an attractive opportunity for investors seeking immediate cash flow and a hands-off investment. Whether you're expanding your portfolio or looking for a strong income-producing asset, this turnkey three-family property deserves your attention. An outstanding opportunity to step into an established investment with tenants already in place!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Cooling: None, Window Unit(s)
Heating: Steam, Natural Gas, Individual, Forced Air
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 9.0
Taxes: $8,377
Year Built: 1904
Amenities
Sunroom
Ceiling Fan(s)
Lead Certification Available
Upgraded Cabinets
Upgraded Countertops
Bathroom With Tub & Shower
Remodeled
Internet Available - Unknown
Living Room
Kitchen
Laundry Room
Rain Gutters
Feature Descriptions
Appliances: None, Range, Refrigerator
Building Area Total: 4051
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, University, 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
Door Features: Insulated Doors
Dwelling Type: 3 Family - 3 Units Up/Down
Electric: Circuit Breakers, Individually Metered
Exterior: Frame
Flooring: Hardwood
HeatingY/N: 1
Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Lot Features: Wooded, Gentle Sloping, Level
Open Parking Y/N: Yes
Parcel Number: 1770699
Parking Total: 0
Patio And Porch: Enclosed, Patio
Rent Includes: Unit 1(None), Unit 2(None)
Road Responsibility: Public Maintained Road
Rooms Total: 24
Sewer: Public Sewer
Units: 3
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Water: Public
Window Features: Insulated Windows
Wooded: Yes
Local Schools
High School: Burncoat Senior High School
Middle School: Burncoat Middle School
Elementary School: City View Discovery School
Listed By / Shown By
Listed By
Agency Name: Remax Revolution
Agent Name: Ann Marie Link
Agency Phone: 401-921-5011
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,341.18 per month $2,336.84 Principal & Interest $698.08 Property Tax $306.25 Homeowner's Insurance
36 Paine Street | MLS# 73601548
This multi-family property located at 36 Paine Street, Worcester, MA 01605 is currently listed for sale with an asking price of $1,050,000. Search Worcester real estate on www.masiellogrouprealestate.com today.