23 Boylston St - Multi-Family FOR SALE


Worcester, MA 01605- Booth Apartments
$2,500,000 USD
774-272-1112
23 Boylston St, Worcester, MA for Sale
$2,500,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

23 Boylston St
Worcester, MA 01605
Booth Apartments


OVERVIEW

Brian Johnson & Paul Matt of Kelleher & Sadowsky Associates, Inc. are pleased to present a prime investment opportunity at 23 Boylston Street in Worcester, Massachusetts. Situated on approximately 0.96 acres, the property features four (4) individual duplex buildings with a total of eight (8) two bedroom/two bath units. Each ±2,500 square foot building was constructed in 1988 and offers efficient & manageable layouts. The site offers exceptional accessibility, located just minutes from I-290, I-190 and Route 9. The property is located between Worcester’s Lincoln Plaza and Plantation Street, providing easy access to local shopping, restaurants, banks, and other area amenities. Each building will be delivered vacant providing an investor or developer with maximum flexibility for future repositioning, redevelopment or value-add strategies. Each building was most recently occupied by YOU, Inc. Zoned residential single family 7 (RS-7) by the City of Worcester, the property allows for a variety of residential uses, while larger multifamily or mixed-use redevelopment may be pursued through a special permit. With its strategic location, strong transportation access, and proximity to major employment, retail, and lifestyle amenities, this property presents a rare opportunity to acquire a well-located, income-producing asset with significant upside potential in a growing Central Massachusetts community. Please contact Brian Johnson or Paul Matt at Kelleher & Sadowsky Associates, Inc. for more information or to schedule a tour!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

8

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian JohnsonKelleher & Sadowsky Associates, Inc.More Info
774-272-1112

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Brian JohnsonKelleher & Sadowsky Associates, Inc.More Info
774-272-1112

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