RE/MAX Advantage I

148 Millbury St, Worcester, MA 01610



Approx. GLA
AMAZING Investment Opportunity to own A Money Maker STEPS TO POLAR PARK @ Kelley Square!! This building consists of 8 Residential units & 1 Oversize Retailed Space with a 25+ Year Establishment (NNN lease responsible for 1/3 taxes) & A Tremendous amount of Paved Driveway Parking! Lots of Renovations Just Complete that include Electrical, Plumbing, Painting, Flooring, Appliances, Windows, New Laundry Room, Security Cameras, Insulation etc...This Building is Fully Rented w/ TONS of Potential for Rental increases to Increase Cash Flow! All utilities are separate and tenants pay their own. Clean & Spacious common areas w/ Exterior Porches w/ Great Views! Group Showing Saturday August 8th from 12-1:30pm!!
Open House
No scheduled Open Houses
Basement Features: Full
List Price: $1,199,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 8
Baths: 8
Half Baths: 2
Units: 9
Year Built: 1920
Approx. GLA: 11,500
MLS#: 72701561
Basement: Yes
Flooring: Hardwood
Rooms: 32
Lead Paint: Unknown
Total Floors: 3
Water: No
Acres: 0.11
Lot Size: 5,000.00
Lot Description: Paved Drive, Level
Foundation: Poured Concrete
Parking Spaces: 15
Road Type: Public
Construction: Frame
Utility: for Electric Range
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $544,500
Taxes: $9,257
Tax Year: 2020
Book/Page: 59852/93
Beach: No
Gross Income: $33,756
Total Rent: $8,816
Net Income: $33,756
Disclosure Declaration: No
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 2 1 0 No 1 $925
Unit 2 3 1 0 2 1 0 No 1 $938
Unit 3 3 1 0 2 1 0 No 1 $950
The listing office is RE/MAX Advantage 1 and the listing agent is Daniel DiRoberto. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
Daniel DiRoberto
Daniel DiRoberto
Team Leader, REALTOR®
RE/MAX Advantage I