Listing Agent: Matthew Pierce | Agent phone: 781-718-9268
Courtesy of: Marcus & Millichap Real Estate Investment Services | Office phone: 617-896-7200
Year Build: 1900
Square Footage: 20,037 Sq ft
Total Baths: 21
Full Baths: 21
Address: 21 Dix Street #11
Property Taxes: $22,120
Tax Year: 2021
Tax Amount: $22,120
4-building / 11-apartment portfolio located in Worcester, Massachusetts. The portfolio contains (3) 3-unit properties and (1) 2-unit property. The entirety of the portfolio is a five minute walk to WPI's campus and are currently rented out by WPI undergrad/grad students. All four properties have a recently updated kitchens and bathrooms as well as newer roofs and siding that are less than 10 years old. The entirety of the portfolio contains gas heating with individual high efficiency heating systems in two of the four properties with all separate utilities responsible by the tenant with off-street parking and laundry available. Investors can expect a net income over $200k and a 6+% cap rate based on the in-place income with 100% occupancy in a highly demanded area of Worcester. Properties can be bought with 2nd portfolio listed at MLS 73008464 or can be bought individually.
Listing Agent: Matthew Pierce Agent phone: 781-718-9268 Courtesy of: Marcus & Millichap Real Estate Investment Services Office phone: 617-896-7200 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, landlords 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its 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.