BEDS23
BATHS12 full
SQUARE FEET9,234
MLS#73529940
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
86-92 Hamilton Street in Worcester, MA consists of two well-located, side-by-side six-unit buildings totaling 12 units: two 3-Bedroom/1-Bathroom units, seven 2-Bedroom/1-Bathroom units, and three 1-Bedroom/1-Bathroom units with 9,234 SF of gross living area on a 0.29-acre parcel. 90-92 Hamilton was fully renovated following a fire and is sprinklered, featuring new kitchens with quartz countertops and stainless-steel appliances, new bathrooms, new flooring, and updated mechanicals. 86-88 Hamilton offers clean layouts with newer flooring, though units are not as extensively renovated. All units are separately metered, with tenants responsible for heat, hot water, and electricity. The property also includes ample off-street parking and a renovated on-site laundry facility. There is upside through rent growth in the renovated units and programmatic upgrades to the remaining units in a desirable Worcester location near major employers, transit, and amenities. Listed at an 8.25% cap rate.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.29 Acres
Stories: 5.0
Taxes: $23,276
Year Built: 1920
Feature Descriptions
Building Area Total: 9234
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
Dwelling Type: 5+ Family - 5+ Units Side by Side
Lot Features: Corner Lot
Parking Features: Off Street
Parking Total: 12
Rooms Total: 48
Sewer: Public Sewer
Units: 12
Water: Public
Listed By / Shown By
Listed By
Agency Name: Horvath & Tremblay
Agent Name: Ethan Lazar
Agency Phone: 781-776-4000
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 7,729.30 per month $5,118.80 Principal & Interest $1,939.67 Property Tax $670.83 Homeowner's Insurance
86-92 Hamilton St | MLS# 73529940
This multi-family property located at 86-92 Hamilton St, Worcester, MA 01604 is currently listed for sale with an asking price of $2,300,000. Search Worcester real estate on www.masiellogrouprealestate.com today.