Property Description

Turnkey 3-family in a highly desirable Worcester location near WPI and the local college rental market. The building offers a strong unit mix with two spacious 4-bedroom units and one 2-bedroom unit, along with separate utilities to help minimize owner expenses. Unit 2 is leased through June 2027 at $3,000/month, and Unit 3 is leased through June 2027 at $2,000/month. Unit 3 was fully renovated in 2020, adding to the property’s appeal and rental strength. Unit 1 is currently vacant, creating an excellent opportunity for an owner-occupant to move in while collecting rental income from the other two units, or for an investor to rent the unit at a projected $3,000+/month. Well-maintained and easy to own, this property offers strong income potential, off-street parking, and a convenient location close to WPI, Worcester State, Assumption, Downtown Worcester, restaurants, shops, and area amenities. A great opportunity to own a solid, turnkey multi-family in a proven rental location.