Property Description

Excellent investment opportunity at 33 Jefferson St in Worcester! This spacious three-family property offers a combination of immediate rental income and value-add potential, featuring three separate units and four off-street parking spaces. Unit 1 is a vacant four-bedroom apartment, previously rented for $2,100 per month, giving the next owner the opportunity to move in or secure a new tenant. Units 2 and 3 each feature three bedrooms, a living room, and a dining room, and are currently rented for $1,850 and $1,925 per month, respectively, with leases. Both occupied units offer potential for a four-bedroom layout. All three units feature updated central heating, adding to the property's appeal. the property has a private back yard and the roof was replaced around 2020 (by previous owner) Public property records identify the building as a three-family property with approximately 3,975 square feet of living area, a full basement, and classic architectural details, including natural woodwork and built-in features. Conveniently located near public transportation, shopping, restaurants, and other Worcester amenities, this property presents an excellent opportunity for investors seeking established rental income with additional upside potential. Don't miss the chance to add this versatile multifamily property to your portfolio!