12-14 Hunnewell Rd - Apartments FOR SALE


Worcester, MA 01606- Greendale
$3,147,597 USD
617-500-1000
12-14 Hunnewell Rd, Worcester, MA for Sale
$3,147,597 USD
Apartments - FOR SALE
1/20
null | 6.12% Cap Rate

12-14 Hunnewell Rd
Worcester, MA 01606
Greendale


HIGHLIGHTS

  • Completely Renovated
  • 9 Units
  • Turn-Key
  • Additional Garage Income Potential
  • Institutional Quality Renovation
  • Immediate Cash Flow

OVERVIEW

Marketing description Situated within one of Worcester's established residential neighborhoods, 12 & 14 Hunnewell Road consists of two completely renovated multifamily buildings comprising nine spacious two-bedroom apartments. Current ownership has invested heavily into renovating nearly every aspect of the property. Apartment interiors feature updated kitchens with modern cabinetry and countertops while building systems including plumbing and electrical have been substantially upgraded. Residents benefit from professionally maintained common areas, convenient on-site coin-operated laundry and possible garage space. The property's exceptional physical condition minimizes future capital expenditures while allowing investors to focus on maximizing operational performance.

FOR SALE DETAILS

PRICE

$3,147,597 USD

PRICE/SF

$315 USD /SF

# OF UNITS

9

PRICE/UNIT

$349,733

CAP RATE

6.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12 & 14 Hunnewell Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,997 SF

ZONING

RS-7

APN/PARCEL ID

WORC-000032-000001-000012A,WORC-000032-000001-000012B

ASK ABOUT THIS PROPERTY

Tariq FayyadFayyad Realty AdvisorsMore Info
617-500-1000

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Tariq FayyadFayyad Realty AdvisorsMore Info
617-500-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.