BEDS10
BATHS3 full
SQUARE FEET3,765
MLS#73501533
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional 3-family investment opportunity in a prime Worcester location. Ideal for both investors and owner-occupants, this property presents an opportunity for steady cash flow and long-term value. The fully renovated third-floor unit, complete with a brand-new heating system, adds immediate value and reduces future capital expenses, making this a smart long-term hold. The remaining units provide steady rental income, and each unit features washer and dryer hookups. With a pro forma cap rate exceeding 7%, this is a solid income-producing asset with upside. Conveniently located near major highways, shopping, dining, and local amenities, this property is a standout addition to any portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Dirt Floor, Unfinished
Basement: Yes
Heating: Forced Air, Natural Gas
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $8,605
Year Built: 1890
Amenities
Lead Certification Available
Remodeled
Living Room
Kitchen
Dining Room
Balcony/Deck
Balcony
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 3765
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
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: 3 Family
Exterior: Frame
Flooring: Vinyl, Hardwood
HeatingY/N: 1
Laundry: Washer Hookup, Dryer Hookup
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parcel Number: M:06 B:022 L:00045,1767609
Parking Features: Paved Drive, Off Street, Tandem
Parking Total: 3
Patio And Porch: Porch
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
Rooms Total: 16
Sewer: Public Sewer
Units: 3
Utilities: for Gas Range, for Electric Range
Water: Public
Listed By / Shown By
Listed By
Agency Name: Lyv Realty
Agency Phone: 978-533-8000
Agent Name: The Decotis Group
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,478.89 per month $1,557.67 Principal & Interest $717.08 Property Tax $204.14 Homeowner's Insurance
62 May St | MLS# 73501533
This multi-family property located at 62 May St, Worcester, MA 01610 is currently listed for sale with an asking price of $699,900. Search Worcester real estate on www.masiellogrouprealestate.com today.