$2,800,000

2 Henchman St, Worcester, MA 01605

  • 33 beds |
  • 13 baths |
  • 15,075 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $186/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Henchman & Moen, consists of three adjoining multi-family investment properties located at 2 & 2 ½ Henchman Street and 8 Moen Street in Worcester, MA (the“Property”). This well-maintained 13-unit property consists of six 2-bedroom/1-bathroom units and seven 3-bedroom/1-bathroom units, totaling 15,075 sq. ft. of living space on a 0.26-acre parcel. 11 of the 13 units have been extensively renovated with new kitchens, bathrooms, and flooring. All units have lead certificates and are separately metered for heat, hot water, and electricity, which are paid directly by the tenants. The property also features an on-site laundry facility and three parking spaces. The opportunity exists to increase rents in the renovated units and implement programmatic upgrades to the remaining two unrenovated units to maximize rental income. The property is steps from Downtown Worcester, WPI and UMass Memorial Medical Center. This is an excellent investment opportunity in one of MA’s most dynamic markets.

Listing Status:
Active
Listing Office:
Horvath & Tremblay : 781-776-4000
Listing Agent:
Ethan Lazar : 617-910-1219
MLS ID:
73364161
  • Basement: Full
  • Fireplace: FireplaceFireplaces: 9

This listing courtesy of Ethan Lazar, Horvath & Tremblay

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Belmont Street Community

170 Belmont St, Worcester, MA, 01605

Grades PK-6

0.53 miles away

F

Forest Grove Middle School

495 Grove St, Worcester, MA, 01605

Grades 7-8

1.19 miles away

W

Worcester Technical High School

1 Skyline Dr, Worcester, MA, 01605

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.