US English
USD
Contingent
$859,700

26 Catharine St
Worcester, MA 01605

Multi-Family
Residence
18
Beds
6
Baths
6,000
Sqft
0.25
Lot Size
1of
Photos
Map
Cooperating Broker - www.EntryOnly.com, LLC
This rare 6-unit multi-family located in one of the best areas of Worcester offers off street parking, fenced in back yard, 3 bedroom units, lead certificates, modern electric service, rubber roof, all separate utilities, gas boilers with radiators in each room, and the building has been fully insulated by MassSave. This well maintained building is walking distance to the UMASS Hospital, WPI, and one block from Grant Square Park. The property has 6 units. 3 units are currently rented to subsidized tenants and generate consistent rental income today with the potential for substantial rent increases. Recent HUD increases in Worcester have paved the way for this property to increase revenue simply by bringing the current subsidized tenants’ rent up to the new payment standard. That allows a buyer to enjoy a significant increase in cash flow shortly after purchase. This one won't last! Current rents are below market. Property could gross over $10k/mo.
72823548
Multi-Family, Other
18
Worcester
6 Full
1920
0.25 Acres
City/Town Water
Asbestos
City/Town Sewer
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