$1,600,000 ($281.59 per sqft)

Est. Mortgage $8,409/mo *

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6 Fruit St, Worcester, MA, 01609

6 Fruit St, Worcester, MA, 01609
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31 rooms

17 beds

7 Full baths

1890

5,682 sqft

This well-maintained 7-unit property consists of three 3-bedroom/1-bathroom and four 2-bedroom/1-bathroom units, totaling 5,682 sq ft of living space. Notably, all units have undergone extensive renovations, mostly featuring granite countertops, stainless steel appliances, new bathrooms, and modern finishes. It is separately metered for heat and electric, with the owner only responsible for hot water. The property also includes off-street parking. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $13,145 monthly. Centrally located, it’s within less than a mile of WPI and a short walk from Elm Park and other downtown amenities. Listed at a 7.35 cap rate, this property represents a valuable investment a growing Worcester market.

Status:

Active

Type:

Multi-family

Units:

7

Zoning:

RG-5

Levels:

11

Parking:

3-car Off Street

Acreage:

0.12

Est. Taxes:

$9,497

Assessment

$690,700

Lot Description:

Gentle Sloping

Amenities:

Public Transportation, Shopping, Park, Medical Facility, University

MLS #:

73239807

Buyer Agent Compensation:

2

Facilitator Compensation:

0

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Ethan Lazar, Horvath & Tremblay