3 Marston Way - Apartments FOR SALE


Worcester, MA 01609- Institute Park
$1,150,000 USD
508-753-9199
3 Marston Way, Worcester, MA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

3 Marston Way
Worcester, MA 01609
Institute Park


HIGHLIGHTS

  • 4 One Beds | 2 Studio Apartments
  • Located in the Elm Street Neighborhood
  • Off-street parking

OVERVIEW

This six-unit investment property presents an excellent opportunity in one of Worcester’s most sought-after neighborhoods. The building is well-maintained and positioned for strong rental performance, with consistent demand driven by proximity to WPI, downtown employers, and the city’s growing medical and academic corridor. Whether for stable cash flow or long-term appreciation, 3 Marston Way offers investors a solid asset in a thriving and improving market. To schedule a showing or receive a copy of the Rent Roll, please reach out to Lexi Brissette or Brendan Toohey.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

6

PRICE/UNIT

$191,667

CAP RATE

Request Cap Rate

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,885 SF

ZONING

RG-5

APN/PARCEL ID

WORC-000002-000040-000022

ASK ABOUT THIS PROPERTY

Alexis BrissetteNAI Glickman Kovago & JacobsMore Info
508-753-9199

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Alexis BrissetteNAI Glickman Kovago & JacobsMore Info
508-753-9199

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