Property Description

Rare 4-unit investment opportunity in Worcester’s desirable Columbus Park neighborhood, featuring four spacious 3-bedroom / 1-bath units — a highly desirable layout in Worcester’s 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.